# NFT Levels System

### What is NFT levels system? 🤔

It's a unified points and NFT levels programme for our early supporters within the community. Various incentives campaigns will eventually result in earning NFTs from this programme. 

#### How to earn these NFTs? 

1. Invest in Troves strategies
2. [Refer friends](#referral-campaign)
3. Be active in community and participate in various campaigns launched by us (e.g. [OG Farmer NFT](https://docs.troves.fi/p/community/og-farmer-nft-campaign))

### Points on investment in strategies:

You shall earn points for each day your tokens are invested in the platform. The points you earn each day are represented by this formula: `$investment * your_points_multiplier`

#### Default points multiplier based on protocol TVL:

This points multiplier gives an edge to our early platform members. **This boost is dependent on the protocol TVL** and not on when a user first deposits. The earlier you are, the higher the multiplier.

| Initial TVL | Cutoff TVL | Point multiplier |
| ----------- | ---------- | ---------------- |
| 0 →         | 1M:        | 1.5x             |
| 1M →        | 3M:        | 1.25x            |
| 3M →        | 5M:        | 1.1x             |
| Above 5M    |            | 1x               |

Also, the longer you hold, the higher your multiplier will become over time. This increase is governed by the following equation:

`current_multiplier = base_multiplier_based_on_tvl + (0.5 * hold_days / 365`)

```lolcode
hold_days: the number of days your portfolio has been >= $10. 
If a user's portfolio drops below $10, this is reset to 0

Example:
If the protocol's current TVL is 500k, the base multiplier is 1.5x. 
If a user has held for 10 days, their multiplier for today's point allocation is:
1.5 + (0.5 * 10 / 365) = 1.51x
```

### NFT levels - the points you require to reach that level

1. Level 1: 1,000 points 
2. Level 2: 10,000 points
3. Level 3: 50,000
4. Level 4: 200k
5. Level 5: 500k
6. Level 6: 750k
7. Level 7: 1M
8. Level 8: 3M
9. Level 9: 6M
10. Level 10: 10M

### Referral Campaign

The referral campaign is an extension of the levels campaign, allowing users to earn additional points by referring others. Learn more [here](/p/community/referral-campaign.md).


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