Reward System Overview

The BTC Summer campaign distributes up to $10M in NTRN rewards to participants through a sophisticated points-based system that rewards both deposit size and ecosystem engagement.

Base Rewards

All participants earn base rewards calculated using this formula: Points=USD Value of Deposit×Days Staked×(1+Bonus Boost)\text{Points} = \text{USD Value of Deposit} × \text{Days Staked} × (1 + \text{Bonus Boost}) Where:
  • USD Value of Deposit = token amount × USD price each day
  • Days Staked = number of full days the deposit remained in the vault
  • Bonus Boost = any additional multipliers from advanced mechanisms
Your final reward share is calculated as: (Your Points / Total Points) × Total Rewards

Advanced Reward Mechanisms

Beyond base rewards, participants can significantly increase their earnings through two advanced mechanisms:

1. NTRN Locking Boost

Lock NTRN tokens for up to 4 years to earn substantial reward multipliers: How it works:
  • Choose your lock amount and duration (up to 4 years)
  • Receive a transferable receipt NFT representing your locked position
  • Your boost is calculated based on your locked NTRN relative to your BTC deposits
Boost Formula: Boost=min(2,NTRNLockedTVLDeposited×DurationuserDurationmax×2)\text{Boost} = \min(2, \frac{\text{NTRN}_{\text{Locked}}}{\text{TVL}_{\text{Deposited}}} × \frac{\text{Duration}_{\text{user}}}{\text{Duration}_{\text{max}}} × 2) Key Benefits:
  • Up to 2x multiplier on all rewards
  • Receipt NFTs are transferable (tradeable on secondary markets)
  • Locked NTRN is liquid staked with Drop for additional yield
  • Long-term alignment with Neutron ecosystem
The boost calculation ensures that larger stakes relative to deposits and longer lock periods provide maximum multipliers.

2. NFT Collection Boosts

Own NFTs from Neutron-based collections listed on Superbolt to earn additional multipliers: Boost Tiers:
ThresholdMultiplierTier
1 NFT+1%Wooden
1% of collection+2%Bronze
5% of collection+3%Silver
15% of collection+4%Gold
30% of collection+5%Platinum
Collection Rules:
  • Only NFTs from collections listed on Superbolt on Neutron count
  • Users can earn boosts from up to 5 collections
  • If eligible for more than 5 collections, the highest boosts are selected
  • Rarity within collections doesn’t affect boost amount
Example: If you hold 600 CEWTs (>30% of collection), 50 Quarks (1% of collection), and 1 each of three other collections, you’d receive:
  • +5% (CEWTs) + 2% (Quarks) + 1% + 1% + 1% = +10% total boost

Wallet Linking

Since deposits can happen on Ethereum (via vaults) or Neutron (direct), but boosts only apply on Neutron, users must “link” their addresses: The Process:
  1. When activating NTRN or NFT boosts, specify which address holds your BTC deposits
  2. This creates a “pointer” connecting your Neutron-based boosts to your deposit address
  3. The system calculates your total rewards using both deposit and boost information
Best Practices:
  • Consistency is key: Use the same deposit address throughout the campaign
  • Ethereum deposits: Point all boosts to your Ethereum address
  • Neutron deposits: Point all boosts to your Neutron address
  • Avoid splitting: Don’t deposit on both networks unless necessary
Splitting deposits across Ethereum and Neutron addresses can create complications in reward calculations. Choose one primary address for the best experience.

Multiplier Stacking

All eligible boosts stack together for maximum rewards: Example Calculation:
  • Bob locks NTRN for a +100% multiplier
  • Bob holds NFTs providing +4% total boost
  • Bob’s final multiplier: +104%
  • This doubles his share of the total reward pool

Maximizing Your Rewards

For Maximum Efficiency:
  1. Lock NTRN early - The earlier you lock, the more days you benefit from the multiplier
  2. Acquire strategic NFTs - Focus on collections where you can reach higher percentage thresholds
  3. Maintain consistent deposits - Keep your BTC derivatives deposited throughout epochs
  4. Use one primary address - Avoid complications by consolidating on either Ethereum or Neutron
Advanced Strategy: Users often buy and lock NTRN specifically to dilute other participants’ rewards while maximizing their own share of the pool.

Technical Implementation

The reward system integrates seamlessly with Neutron’s infrastructure:
  • NTRN locking uses liquid staking with Drop for yield optimization
  • NFT verification connects with Superbolt marketplace data
  • Cross-chain tracking handles deposits from both Ethereum and Neutron
  • Real-time calculations provide live reward projections
Receipt NFTs from NTRN locking are fully transferable, creating potential secondary markets for locked positions on platforms like Superbolt.