Rewards

Escrowed NOX

Escrowed NOX (esNOX) can be used in two ways: 1.Staked for rewards similar to regular NOX tokens

2.Vested to become actual NOX tokens over a period of one year

Each staked Escrowed NOX token will earn the same amount of Escrowed NOX and SYS rewards as a regular NOX token.

Note that Escrowed NOX (esNOX) is not meant to be transferable unless you are doing a full account transfer. The amount of NOX or NLP required to vest esNOX is unique per account and capped to the rewards received by that account. Please do not buy esNOX off the market or OTC as you will not be able to vest them.

Vesting

esNOX's holders can choose to vest their esNOX tokens to receive NOX. esNOX vests linearly and will take one year to fully convert to NOX tokens.

1.Users can claim vested esNOX at anytime 2.Users will be able to cancel vesting at any time. Unvested esNOX tokens can be returned to staking for rewards

Example:

1.Let's assume Alice has 100 esNOX & Alice chooses to vest her entire 100 esNOX holdings.

2.After 26 weeks of vesting (0.5 year), Alice can now claim 50 NOX tokens while the remaining 50 esNOX remain to be converted.

3.At that time, if Alice chooses to cancel her vesting. She can claim the following:

-50 NOX tokens -50 esNOX tokens will be returned to staking

Multiplier Points​

Multiplier Points reward long term holders without inflation.

When you stake NOX, you receive Multiplier Points every second at a fixed rate of 100% APR. 1000 NOX staked for one year would earn 1000 Multiplier Points.

Multiplier points can be staked for fee rewards, each staked multiplier point will earn SYS at the same rate as a regular NOX token.

When NOX or Escrowed NOX tokens are unstaked, the proportional amount of Multiplier Points are burnt. For example, if 1000 NOX is staked and 500 Multiplier Points have been earned so far, then unstaking 300 NOX would burn 150 (300 / 1000 * 500) Multiplier Points. The burn will apply to the total amount of Multiplier Points which includes both staked and unstaked Multiplier Points.

To transfer staked tokens without burning Multiplier Points, use the "Transfer" button on the Earn page.

The "Boost Percentage" shown on the Earn page shows your individual boost amount from Multiplier Points. For example, if the SYS APR is 10% and you have $10,000 worth of NOX and esNOX, then your rewards would be $1000 annualized, if you have an amount of Multiplier Points equivalent to 20% of your total amount of NOX and Escrowed NOX, your "Boost Percentage" would display as 20%, and you would get an extra $200 of SYS rewards annualized.

The “Boost Percentage” is calculated based on the ratio of Multiplier Points to your total amount of staked NOX:

Boost Percentage = 100 * (Staked Multiplier Points) / (Staked NOX + Staked esNOX).

The max boost percentage is 200%, this means that if you have 1000 NOX tokens, and 2500 Multiplier Points, then a maximum of 2000 Multiplier Points can be staked for a boost of 200%; 500 Multiplier Points would be leftover and cannot be staked, to stake these Multiplier Points additional NOX tokens must be obtained, e.g. if an 100 additional NOX is bought then 200 of these 500 Multiplier Points can be staked after.

Compounding vs Claiming

There are two options for rewards on https://app.neonnexus.io/#/earn: "Compound" and "Claim". Compounding will stake your pending Multiplier Points and Escrowed NOX rewards, this will increase the amount of rewards you receive.

Claiming will transfer any pending Escrowed NOX rewards and SYS rewards to your wallet. If you compound or stake your Escrowed NOX tokens, you can unstake them for vesting at any time later on.