# How to Earn Points

## Overview of Points

#### Formulas

$$
Total  Point=TVL Point + Referral Point
$$

$$
TVL Point/day =TVL Vault Point \* (1+Xcellerator)
$$

$$
Referral Point = 0.1 \* Σsubordinate of 
TVL Vault Point
$$

***

## TVL Vault Point

Using ANY product on NX Finance earns points - no matter leverage or deposit.

{% hint style="warning" %}
Please note that random snapshot will be taken everyday to update the total point
{% endhint %}

#### **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

{% hint style="info" %}
**Example:**\
\
Alice deposits 1000U on the first day. Assuming there is no other point boosting, she can get:

\= 1000 \* 3 

\= 3000 PTS per day

On the other hand, Bob has 100U JLP and leverage for 5X, he can earn: 

\= 100\*3 (Collateral) + 400\*1 (Leverage) \
\= 700 PTS per day
{% endhint %}

***

## 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.

<figure><img src="https://1014032567-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqWZZySI6X2fuVa7sc0Jn%2Fuploads%2FDu7YOMnDLHCKYDcwuELI%2F0Xccelerator.png?alt=media&#x26;token=a1aaa291-4b8c-4c6a-b958-944961dbe6e8" alt=""><figcaption></figcaption></figure>

### 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.

<table><thead><tr><th>QUEST</th><th width="200">BOOST</th><th>HOW TO GET</th><th>BOOST CRITERIA</th></tr></thead><tbody><tr><td>Team Boost</td><td>Please refer to the <a href="teams">Team</a> page</td><td>Please refer to the <a href="teams">Team</a> page</td><td>/</td></tr><tr><td>Backpack User</td><td>10% for whole period</td><td>Use Backpack Wallet to Join Point Nadventure</td><td>/</td></tr><tr><td>OG Role</td><td>10% for 1 week</td><td>Fill in OG Survey (Ended)</td><td>You MUST either join or create a team with your wallet provided on the first week, otherwise you will lose your role boosting qualification</td></tr><tr><td>NXpert Role</td><td>15% for 1 week<br><br>1st: 30% <br>2nd - 10th place: 25% 11th - 20th place: 20% 21th - 30th place: 15%</td><td>NX Zealy Quest top 30 Winner (Ended)</td><td>You MUST either join or create a team with your wallet provided on the first week, otherwise you will lose your role boosting qualification</td></tr><tr><td>MADNXX</td><td>10% for whole period</td><td>Hold at least 1 Mad Lads NFT</td><td>/</td></tr><tr><td>Coming Soon</td><td>Coming Soon</td><td>Coming Soon</td><td>Coming Soon</td></tr></tbody></table>

{% hint style="warning" %}
**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.&#x20;

Therefore, the total TVL Point she will earn per day:

\= TVL Point = TVL Vault Point \* (1 + Xcellerator)&#x20;

\= 1000 \* 3 (TVL Vault Point) \* (1 + 20% + 10% + 30%) \[Team Boost + OG + NXpert]\
\= 3000 \* 1.6\
\= 4800 PTS
{% endhint %}