Berlin, Germany, October 9th, 2024,
Chainwire
Nudge.xyz, the pioneering protocol behind the
Re:allocation Primitive, has launched the Nudge Points App – the
first DeFi app designed to reveal the hidden value in users’
wallets. Using a proprietary algorithm, the app assigns
Re:allocation Points, serving as a proxy for future Nudge
incentives users can unlock by strategically reallocating their
assets on Nudge.xyz.
What Re:allocation Points Measure
In DeFi, assets, liquidity, and on-chain activity are scarce and
critical resources. Nudge.xyz rewards users for re:allocating these
resources through incentives known as Nudges. The Nudge Points App
offers insights into users’ potential Nudge earnings, highlighting
how value could be unlocked through re:allocation.
The app's proprietary algorithm assigns Re:allocation Points
based on the hidden value in a user's wallet. Users are also ranked
from "Air" (bottom 20%) to "Diamond" (top 10%), with both points
and ranks playing a key role in the evolving Nudge ecosystem.
“The Points App is a major milestone for Nudge.xyz and
DeFi,” said Markus Maier, CEO of Nudge. “It changes how users see
their wallets, showing the potential value they can unlock through
strategic re:allocation. This is the first step toward generating
more value simply by shifting assets between
protocols.”
How it works
All Web3 users holding tokens, providing liquidity, or engaging
in onchain activities like trading or staking can earn points
through the Nudge Points App. Points are calculated using Nudge’s
Re:allocation Value algorithm, which analyzes asset types, usage,
and on-chain activity, assigning points per category (e.g., Assets,
Staking, LPing) and adding them to a total that determines the
user’s rank.
Key Features of the Nudge Points App
- Re:allocation Points: A detailed estimate
of the value users can unlock through Re:allocation and valuable in
the future Nudge economy.
- Ranks: Users are ranked from "Air" to
"Diamond," with ranks also mintable as dynamic NFTs. Protocols can
choose to give additional rewards to high-ranking community
members.
- Points Farming: Invite friends and earn 20% of
their Re:allocation Points.
- Future Rewards: Points will be redeemable for
rewards and incentives within the Nudge ecosystem and beyond.
“With ‘Re:allocation,’ Nudge introduces a powerful way
for users to unlock value from their digital assets, while giving
protocols an innovative, scalable approach to attract and retain
users,” said Sean, partner at FinTech Collective and Nudge
investor. “The potential here is immense, and I’m excited to be
part of this journey as Nudge reshapes the future of onchain
economics.”
The Nudge Points App is now available to users looking to find
their Re:allocation Value and lead this new value-creation
paradigm. For more information, readers can visit Nudge.xyz.
About Nudge
Nudge.xyz has the potential to maximize the value of
crypto assets through Nudges—reallocation incentives encouraging
users to reallocate assets, liquidity, and activity. The team's
mission is to empower users, driving efficiency and growth in Web3.
Readers can stay tuned on the team's X
account for updates.
Contact
Markus
Maier
markus@nudge.xyz