Prizes

Prize distribution rules

The Tier 1 prize (Jackpot) is fixed and insured amount. The value is an input to the protocol so that Nezha can increase the prize as the deposit pool grows over successive epochs.

The Tier 2 and Tier 3 prize pool is the resulting amount from the yield farm interest less Nezha administration costs.

The allocation between Tier 2 and Tier 3 is determined by a parameter set by Nezha and is currently 50% so the prize pool is split evenly between the two tiers.

If there are multiple winning tickets in a tier, the relevant prize pool is split between them equally