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:

Epoch	Rewards
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 USD	Rewards 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:

$$s_{pjk} = Max(1;f_{jk})^{0.5} * v_j^{0.4} * Max(1;(c_{jk}*L_{jk})^{0.1}) *Max(1;d_{jk})^{0.5}$$

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

$$m_{jk}={\displaystyle\sum_{p=1}^{168}s_{pjk}}$$

Rewards will then be distributed according to the following formula:

$$r_{jk}=R_k*\frac{m_{jk}}{\displaystyle \sum_{i=1}^{n_{k}}m_{ik}}$$

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

Terms	Definition
$r_{jk}$	Rewards for the user j at the epoch k
​$R_k$	Total reward to be split between all users for at the epoch k.
​​$n_k$	Number of users at the epoch k.
${\displaystyle\sum_{i=1}^{n_k}m_{ik}}$	Sum of all scores at the epoch k.
$s_{pjk}$	Score of the user j at snapshot p for the epoch k.
$f_{jk}$	Nested platform's fees paid by the user j at the epoch k.
​​​$v_j$	Total value locked (TVL) into Nested dApp by the user j.
$c_{jk}$	Number of copies issued from the portfolios of a user j at epoch k.
$L_{jk}$	Cumulative value of the portfolios issued from the replication of user j's portfolios at the epoch k.
$d_{jk}$	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.

$$r_{bob}= 50,000 * \frac{100}{1000}=5000 NST$$

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