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Nemesis PRO Whitepaper
  • Nemesis PRO Overview
  • NMSP MIGRATION
    • How To Migrate
    • Loyalty Rewards
    • Release Schedule
    • Network Integration
  • BASICS
    • Staking
      • Single Staking
      • Timelock Staking
      • PRO Staking ***
    • Bonding
      • Bonding Types
      • Auction Bonding
      • Reverse Auctions
  • FEATURES
    • NMS LP Reward Pool
    • Supply Control Policy
    • Auto Buyback System
    • Nemesis PRO Treasury
    • Governance Mechanism
    • Protocol Owned Liquidity
    • Range Bound Stability (RBS)
    • Liquidity Management System
  • NMS LP Reward Pool-v2
  • Other
    • PRO Tokenomics
    • Protocol Security
    • Important Links
    • User Disclaimer
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  1. NMSP MIGRATION

Loyalty Rewards

PreviousHow To MigrateNextRelease Schedule

Last updated 2 years ago

After migrating your tokens to NMSP, migrated wallets will be reviewed by the Nemesis Team.

Users will be credited with Loyalty Tokens for each NMS held according to the below timeframes:

> 13 Months = 20x LP Multiplier

> 11 Months = 15x LP Multiplier

> 9 Months = 12x LP Multiplier

> 7 Months = 9x LP Multiplier

> 5 Months = 6x LP Multiplier

The calculations will be made according to the transaction date and NMS volume of the user's Buy, Mint, Sell, and Transfer transactions. A public spreadsheet will be released by the team within 30 days after migration, and users will be able to verify their to-be-credited rewards. Also, a 1-week appeal time will be provided for the users who have an objection to the results. The migration date will be taken as 18 Feb 2023, 00:00 UTC. Loyalty Tokens will be untradeable and untransferable and can only be used in Loyalty Reward Pool for receiving BUSD rewards. Rewards will be supplied by . Further details and working mechanics of the Loyalty Reward Pool will be added later to our Whitepaper.

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