# 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 during 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 |

[1,000,001; 3,000,000] | 25,000 |

[3,000,001; 5,000,000] | 40,000 |

5,000,001 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. |

$\sum_{i=1}^{n_k}m_{ik}$ | 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.

Last modified 10d ago