nftperp Odeshi is the retroactive airdrop campaign for nftperp private beta traders. All users that trade on nftperp private beta will be eligible to qualify for $vNFTP rewards.
Monthly rewards allocation: 0.15% of total supply (1,500,000 $vNFTP)
Duration: indefinite - governance of nftperpDAO will have the ability to vote for changes if need be.
Processed daily, and distributed monthly.
The volume rewards are distributed based on the volume traded by a trader during the duration of the month relative to the total volume in the month. *volume is only considered if there鈥檚 a minimum of 15 minutes between opening and closing of position.
Reward Formula for volume rewards:
volumeRewardFormula: (volumeByTrader / totalVolume) * 1,500,000 $vNFTP
Monthly rewards allocation: 0.05% of total supply(500,000 $vNFTP)
Duration: indefinite - governance of nftperpDAO will have the ability to vote for changes if need be.
Processed daily, and distributed monthly.
The converger rewards are distributed based on the notional value of converging trades (opened for longer than 30 minutes) when the vAMM price and index price deviate beyond 2.5%.
Reward Formula for converger rewards: