NEST v4.4 Upgrade Notes

NEST Protocol
1 min readMay 6, 2022

--

NEST v4.4 mining reward adjustment:

  1. Shutdown NEST 3.6 on the Ethereum mainnet and upgrade the NEST&ETH pair to NEST 4.3.
  2. Decrease the mining reward on ETH from 167.2 to 24 per block, and NN to 4.5 per block. The accumulated mining reward is about 175885 NEST per day.
  3. Decrease the mining reward on BSC from 5 to 1 per block. The accumulated mining reward is about 28800 NEST per day.
  4. Decrease the mining reward on Polygon from 1 to 0.3 per block. The accumulated mining reward is about 11782 NEST per day.
  5. Decrease the mining reward on KCC from 1 to 0.1 per block. The accumulated mining reward is about 2880 NEST per day.

NEST v4.4 will be updated on May 8th, please notice that:

  • NN holders need to claim NN rewards by 00:00 (UTC+8) on May 8th to avoid the unclaimed rewards being calculated according to the adjusted algorithm.
  • NEST v3.6 @eth miners need to stop quoting, close all historical quote orders and retrieve all assets from NEST v3.6 @eth quote contracts.

--

--

NEST Protocol
NEST Protocol

Written by NEST Protocol

Now it’s not just the oracle. Oracle+OMM+PVM=NEST Deployed on#ETH #Polygon #BNB #KCC For more community information, please follow @NEST_Protocol

No responses yet