The EtherPOAP ‘POINT’ Release Mechanism for ‘Proofing’ is as follows:

‘POINT’ = Release Volume * Weight

(Weight = Your count number / Total count number)

- RELEASE VOLUME

Based on the ‘POINT’ release mechanism design, the ‘POINT’ volume releases for the first year since the time that the beginning date as Day-0 (EtherPOAP ‘POINT’ Function Launches Day) of OG ‘Proofing’ would be 100,000 in total. The volume of ‘POINT’ releases from Day-0 to Day-15 is 1,000/Day. Every subsequent 15 days, the ‘POINT’ release volume per day should be reduced as: 15,000*(1/1.2^n)/15 (n=0, 1, 2, …, n).

E.g.,

From Day-0 to Day-15: 15,000*(1/1.2⁰)/15=1,000 (‘POINT’/ Day)

From Day-16 to Day-30: 15,000*(1/1.2¹)/15=833.333 (‘POINT’/ Day)

From Day-31 to Day-45: 15,000*(1/1.2²)/15=694.444 (‘POINT’/ Day)

- YOUR COUNT NUMBER

The output of ‘POINT’ from OG ‘Proofing’ is based on 2 standards as we have mentioned before, the count of each as follows:

1) Rarity of EtherPOAP OG

- Purple OG: count +1

- Green OG: count +2

- Golden OG: count +4

2) Period of EtherPOAP OG that ‘Proofing’

- Bronze (Day-0): count +1

- Silver (Day-30): count +2

- Gold (Day-90): count +3

- Platinum (Day-180): count +4

- Diamond (Day-270): count +5

- Legend (Day-365): count +6

-YOUR ‘POINT’ REWARD WEIGHT

The ‘POINT’ reward weight you can get from OG ‘Proofing’ in 1 day should be: Your count number /Total count number.

E.g.,

1 purple OG with ‘Proofing’ in Day-136, while the total count number on Mar. 9th,2023 is 2,340. The ‘POINT’ output with the conditions should be:

[(1+2)/2,340] * [15,000*(1/1.2⁰)/15] =1.282 (3 decimal places)

Tip: Early Bird Reward had settlement based on the above rule.