🚀Phase 1: Super Reward
Phase 1: Super Reward (0-1B)
With the launch of Social Staking NNS holders will get super rewards until the first 1B of NOGS are all staked.
If you want to get NOGS during this period you will need:
Important: To enable Social Staking and keep it active, your NNS must be locked through our upcoming Social Staking dashboard. This means that during that period you won't be able to move it or sell it on marketplaces.
Rewards calculation
During Phase 1:
All the NNS tiers will be treated equally
Reason: This will avoid a short term concentration by whales who own many high tiers names and will ensure a more uniform distribution.
Nounish Club (1000-9999) will generate a smaller reward
Reason: Considering the free distribution of Nounish Club numbers, we decided to assign a smaller reward compared to paid tiers.
Nounish Club (0-999) will generate an higher reward
Reason: These numbers are for Nouns holders only. Given their nature and their rarity, we decided to assign a greater reward to them. This will also give a strong incentive to nouners to join the Noggles ecosystem.
| Tier | Daily reward/name |
|---|---|
Gold | 20000 NOGS |
Silver | 20000 NOGS |
Red | 20000 NOGS |
Nounish Club (1000-9999) | 5000 NOGS |
Nounish Club (0-999) | 50000 NOGS |
Example 1: If you own 1 Nounish Club (1000-9999) and 3 Gold tier names you will generate 65000 NOGS every day.
Example 2: If you own 1 Nounish Club (0-999), 2 Red tier and 1 Gold tier names you will generate 110000 NOGS every day.
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