Other epochs

This page describes how the airdrop works during other epochs than the genesis one.

The first epoch starts on the 2nd of May at 00:00 UTC.

Here is the airdrop distribution per epoch:

EpochRewards

1

48,215

2

50,374

3

52,625

4

54,975

5

57,425

6

59,981

7

62,648

8

65,430

Total

501,675

​We decided to change the rules from the 8th epoch. Until epoch 8th, 501,675 NST has been distributed; there are 2,123,325 tokens left. The total amount of rewards R to be distributed during the following epochs depends on the volume generated by all the users at each epoch:

Volume in USDRewards in NST

1,000,000 and less

10,000

]1,000,000; 3,000,000]

25,000

]3,000,000; 5,000,000]

40,000

5,000,000 and more

50,000

Every hour, users' scores will be computed according to the following formula:

spjk=Max(1;fjk)0.5∗vj0.4∗Max(1;(cjk∗Ljk)0.1)∗Max(1;djk)0.5 s_{pjk} = Max(1;f_{jk})^{0.5} * v_j^{0.4} * Max(1;(c_{jk}*L_{jk})^{0.1}) *Max(1;d_{jk})^{0.5}

We compute the cumulative sum of each score for each user j at the end of an epoch k:

mjk=∑p=1168spjkm_{jk}={\displaystyle\sum_{p=1}^{168}s_{pjk}}

Rewards will then be distributed according to the following formula:

rjk=Rk∗mjk∑i=1nkmikr_{jk}=R_k*\frac{m_{jk}}{\displaystyle \sum_{i=1}^{n_{k}}m_{ik}}

fjkf_{jk} does not take into account transaction fees (gas costs), but only the platform's fees, as stated in Fees distribution

TermsDefinition

rjkr_{jk}

Rewards for the user j at the epoch k

​RkR_k

Total reward to be split between all users for at the epoch k.

​​nkn_k

Number of users at the epoch k.

∑i=1nkmik{\displaystyle\sum_{i=1}^{n_k}m_{ik}}

Sum of all scores at the epoch k.

spjks_{pjk}

Score of the user j at snapshot p for the epoch k.

fjkf_{jk}

Nested platform's fees paid by the user j at the epoch k.

​​​vjv_j

Total value locked (TVL) into Nested dApp by the user j.

cjkc_{jk}

Number of copies issued from the portfolios of a user j at epoch k.

LjkL_{jk}

Cumulative value of the portfolios issued from the replication of user j's portfolios at the epoch k.

djkd_{jk}

The number of protocols the user j created, managed, or copied a portfolio on (Ethereum, BNB Chain, Avalanche, etc.)

Example:

  • Bob obtained a score of 100 at the end of the first epoch.

  • The cumulative sum of all user's scores is 1000.

  • There is 50,000 NST to be distributed at the end of this first epoch.

rbob=50,000∗1001000=5000NSTr_{bob}= 50,000 * \frac{100}{1000}=5000 NST

Bob will earn 5000 NST at the end of the first epoch.

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