# Napier Point

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### TL;DR

* The program fuels Napier and community growth.
* Napier Points = **15% of NPR total supply** at TGE.
* Earn points by participating in Napier activities:
  * Liquidity provision
  * Holding YT
  * Curating Napier markets
  * Future actions

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### Purpose

The Napier Points Program incentivizes participation in Napier and the broader Napier ecosystem.

Napier Points are distributed to users and curators for various actions, representing 15% of the NPR token FDV at the time of the Token Generation Event (TGE).

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### What Are Napier Points?

**Definition:**

Napier Points are rewards granted for user and curator activities in Napier.

Napier aims to become a **community-owned platform**, where both users and curators are rewarded for their roles, enhancing platform value and participation.

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### Calculation Model

Napier Points are determined by three main components:

| Factor            | Description                                                        |
| ----------------- | ------------------------------------------------------------------ |
| **Base Weight**   | Reflects the USD value and duration of eligible actions.           |
| **Market Weight** | The total Base Weight of all participants in a given market.       |
| **Boost**         | A multiplier applied to Base or Market Weight, amplifying rewards. |

> Points are calculated weekly (off-chain) and distributed once per week.

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### Distribution Mechanism

* A **fixed weekly pool** of Napier Points is allocated across all **verified or unstoppable markets**.
* Each market’s share depends on its **Market Weight**.
* Distribution split:
  * **20% → Curators**
  * **100% → Users**
* Within each market, user allocations are determined by **Base Weight**.

#### Example

* Weekly total: **27,182,818,284** Napier Points
* Market (e.g., stETH by Vitalik Finance, maturing Dec 20, 2025): **1,325,310,593 Points**
  * Curator: **20% (0.265B)**
  * Users: **80% (1.06B)** distributed proportionally by Base Weight
* Curators can earn points **as both curators and users** if they participate in their own pools.

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### Eligible Actions

* Creating a PT/YT market as a verified curator
* Providing liquidity and holding LP tokens
* Purchasing or minting YT and holding it

> More actions will be added over time as new integrations go live.

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### Why Collect Napier Points?

* Napier Points convert into **NPR tokens** at TGE (15% of FDV).
* Enable participation in **Napier DAO governance**
* Represent tangible economic and governance power within Napier ecosystem.

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### Historical Distribution Events

| Event                          | Description                           | Total Points                                                                                   |
| ------------------------------ | ------------------------------------- | ---------------------------------------------------------------------------------------------- |
| **Llama Quest – Home, Ch.1**   | SNS engagement & referrals            | 37,668,615                                                                                     |
| **Llama Quest – Ch.2**         | LST liquidity campaign                | 208,512,952                                                                                    |
| **Llama Quest – Ch.3**         | LRT & Point Casino                    | 386,691                                                                                        |
| **Curve Ecosystem Airdrop**    | Snapshot (Mar 26, 2023)               | 8,377,700                                                                                      |
| **Liquid (Re)Staking Airdrop** | LST/LRT projects (Block #19989136)    | 21,328,000                                                                                     |
| **Curve Governance Voting**    | Incentives for Curve proposal voters  | Pending                                                                                        |
| **Napier v2 Weekly Points**    | Activities within Napier v2 pritocols | See past distribution [app.napier.finance](#llama-race-dashboard-app.napier.finance-llamarace) |

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### Llama Race Dashboard (app.napier.finance/llamarace)

A gamified dashboard that visualizes community contributions:

* Higher Napier Points = Higher ranks = Rarer llama avatars.
* Relaunched with **Napier v2**.

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### Important Notes

* Fraudulent or automated actions may result in **point revocation**.
* If **Napier DAO** earns Napier Points through eligible activities, those points will be **burned** at the end of the program.
* Transparency ensured through **weekly off-chain distributions** and on-chain verification snapshots.

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### Frequently Asked Questions

**Q1. Where can I check my Napier Points?**\
→ On the **Napier Interface** after v2 launch (with API access for partner UIs).

**Q2. What can I do with Napier Points?**\
→ They convert to **NPR tokens** at TGE and can be used in **governance**.

**Q3. Can I sell or transfer Napier Points?**\
→ Not currently; transfer/sale is disabled.

**Q4. Can I lose my Napier Points?**\
→ Only if fraudulent activity is detected.

**Q5. How do I earn more?**\
→ Participate in Napier v2 activities: liquidity, YT/curation, and integrations.

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