🌈Blast Rewards

Summarising the reward payouts for season 1.

Yield and Points

Calculations are based on a time-weighted average of the time it was in the lock and relative to the $ value of the deposit, specific to the currency that was locked.

Yield Quantities

• ETH: 14.198507427192479966

• WETH: 5.349481270614008950

• USDB: 23858.506606245484292314

Available Points

Total Points:

• 657534924.3594637

Proportions:

• USDB: 52471286.9639

• WETH: 179375527.365

• ETH: 425688110.03

Calculation Methodology

$$M_i = \left( \frac{t_i^{1.1}}{\sum_{j=1}^{n}t_j^{1.1}} \right) + 1$$

$$p_i = BP_i \times \frac{q \cdot M_i}{\sum_{j=1}^{n}q_j \cdot M_j}$$

Where:

• $M_i​$ is the multiplier.
• $t_i​$ is the total time locked
• $q$ is the quantity of token locked.
• $n$ is the total number of locks for a given token.
• $BP_i​$ is the total amount of Blast points or the Blast yield distributed for the particular token $i$ (e.g. USDB, ETH, WETH).

Notes:

• $\sum_{j=1}^{n}$ $t_j^{1.1}$ = 4632607493.0
• $\sum_{j=1}^{n}$ $q_j*M_j$ = 17422.0012302952
• $t_i$ = 1711491600 -block.timestamp

Gold

Calculations are similar to yield and points, however gold also takes into consideration the intended lock time chosen by the user. Therefore a bonus modifier is allocated to those who had locked for longer (up to 90 days, with 30 being the minimum).

Calculation Methodology

$$M_i = \left( \frac{t_i^{1.1}}{\sum_{j=1}^{n}t_j^{1.1}} + \frac{d_i^{1.15}}{\sum_{j=1}^{n}d_j^{1.15}} \right) + 1$$

$$p_i = BG_i \times \frac{q \cdot M_i}{\sum_{j=1}^{n}q_j \cdot M_j}$$

Where:

• $M_i​$ is the multiplier.
• $t_i​$ is the total time locked
• $d_i​$ is the total intended lock time
• $q$ is the quantity of token locked.
• $n$ is the total number of locks for a given token.
• $BG_i​$ is the total amount of Blast gold distributed for the particular token $i$ (e.g. USDB, ETH, WETH).