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:
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}spjk​=Max(1;fjk​)0.5∗vj0.4​∗Max(1;(cjk​∗Ljk​)0.1)∗Max(1;djk​)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}}mjk​=p=1∑168​spjk​
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}}rjk​=Rk​∗i=1∑nk​​mik​mjk​​
​fjkf_{jk}fjk​
 does not take into account transaction fees (gas costs), but only the platform's fees, as stated in Fees distribution          
​
Terms
Definition
​rjkr_{jk}rjk​
​
Rewards for the user j at the epoch k
​RkR_kRk​
​
Total reward to be split between all users for at the epoch k.
​​nkn_knk​
​
Number of users at the epoch k.
​∑i=1nkmik{\displaystyle\sum_{i=1}^{n_k}m_{ik}}i=1∑nk​​mik​
​
Sum of all scores at the epoch k.
​spjks_{pjk}spjk​
​
Score of the user j at snapshot p for the epoch k.
​fjkf_{jk}fjk​
​
​
Nested platform's fees paid by the user j at the epoch k.
​​​vjv_jvj​
​
​
Total value locked (TVL) into Nested dApp by the user j.
​cjkc_{jk}cjk​
​
​
Number of copies issued from the portfolios of a user j at epoch k.
​LjkL_{jk}Ljk​
​
Cumulative value of the portfolios issued from the replication of user j's portfolios at the epoch k.
​djkd_{jk}djk​
​
​
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 rbob​=50,000∗1000100​=5000NST
Bob will earn 5000 NST at the end of the first 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

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

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.)

Genesis Epoch

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Wallet and fiat on-ramp

Last modified 9mo ago