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:
We compute the cumulative sum of each score for each user j at the end of an epoch k:
Rewards will then be distributed according to the following formula:
does not take into account transaction fees (gas costs), but only the platform's fees, as stated in Fees distribution
Terms | Definition |
---|---|
| Rewards for the user j at the epoch k |
| Total reward to be split between all users for at the epoch k. |
| Number of users at the epoch k. |
| Sum of all scores at the epoch k. |
| Score of the user j at snapshot p for the epoch k. |
| Nested platform's fees paid by the user j at the epoch k. |
| Total value locked (TVL) into Nested dApp by the user j. |
| Number of copies issued from the portfolios of a user j at epoch k. |
| Cumulative value of the portfolios issued from the replication of user j's portfolios at the epoch k. |
| 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.
Bob will earn 5000 NST at the end of the first epoch.
Last modified 3mo ago