Reward Distribution
This page will cover the additional token incentive rewards that users may see from protocols or networks when holding a Default Yield asset.
Reward Qualification Criteria
Every 24 hour period there is a random snapshot taken at a specific block number. At the time of this specific block, the quantity of Nucleus Default Yield Tokens that a wallet holds or has ownership over is proportional to the amount of rewards they are entitled to for that 24 hour period. This includes but is not limited to:
The Default Yield asset itself
LP token balances
Collateral balances in dApps
This dynamic will render deposits that are sold or transferred before the block at which the snapshot occurs invalid to receive rewards during the 24 hour period.
Cadence
Rewards are currently “weekly” in the sense that a set amount of rewards are set to be distributed every week, and each 24hr period qualifies a user for 1/7th of the week's rewards.
Calculation
The APY that is shown on the Nucleus frontend is a combination of various yield sources such as Default Yield and associated network or dApp token incentives (points are NOT factored into APY calculations).
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