What is an example of a claim?
A user owns 1,000 NEX, and NEX has generated fees in tokens equivalent to 100 million dollars at market value since they last made a claim. Assuming the user has staked NEX at the two-year staking rate of 75%, they would be eligible for a claim worth:
$100,000,000 ∗ 1,000 / 50,000,000 ∗ 0.75 = $1,500.
The claim can be received:
- The user claims a direct cut of fees across each token on the exchange, so if NEX is trading NEO, GAS, NEX, and RPX, the user would receive a share of each of these assets.
- The user claims an equivalent amount in one preferred asset type. Here NEX will do the conversion automatically using its trade features and corresponding fee structure.