💯How to Earn Points
Overview of Points
Formulas
TVL Vault Point
Using ANY product on NX Finance earns points - no matter leverage or deposit.
Please note that random snapshot will be taken everyday to update the total point
Default Point Rates:
Lender
1 dollar - 3 PTS per day
Leverager
Divide into 2 parts (In USDC unit)
Collateral - 3 PTS per day
Leverage - 1 PTS per day
Xcellerator
What is Xcellerator
A Xcellerator is a buff to the rate at which earns points. The buffing rate will be shown on your profolio.
How to earn
Xcellerator are granted by completing Xcellerator Quests. Upon completion of Xcellerator Quest, all NXplorers will be rewarded with Xcellerator and it will take effect immediately. Please refer to the table below to see how to complete the Xcellerator Quests.
Backpack User
10% for whole period
Use Backpack Wallet to Join Point Nadventure
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OG Role
10% for 1 week
Fill in OG Survey (Ended)
You MUST either join or create a team with your wallet provided on the first week, otherwise you will lose your role boosting qualification
NXpert Role
15% for 1 week 1st: 30% 2nd - 10th place: 25% 11th - 20th place: 20% 21th - 30th place: 15%
NX Zealy Quest top 30 Winner (Ended)
You MUST either join or create a team with your wallet provided on the first week, otherwise you will lose your role boosting qualification
MADNXX
10% for whole period
Hold at least 1 Mad Lads NFT
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Example:
Alice has deposited 1000 USDC to lending pool and joined a team who has deposited over 1000000U. Also, she holds the OG role & NXpert role simultaneously.
Therefore, the total TVL Point she will earn per day:
= TVL Point = TVL Vault Point * (1 + Xcellerator)
= 1000 * 3 (TVL Vault Point) * (1 + 20% + 10% + 30%) [Team Boost + OG + NXpert] = 3000 * 1.6 = 4800 PTS
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