# Leaderboard The [Neverland Leaderboard](https://app.neverland.money/leaderboard) is an incentive system that rewards productive protocol participation over time. Participation is automatic for all users interacting with the protocol. There is no opt-in, entry fee, or guaranteed payout. Rewards are distributed probabilistically at the end of each cycle, weighted by participation. 100 winners each cycle receive a diamond-tier 100 veDUST NFT each. ### Tides Leaderboard cycles are called **Tides**. Each Tide begins on a **full moon** and ends at the next full moon. Tides run on an approximately monthly cadence. Pearl balances reset at the start of each Tide. Pearls only accrue during the active Tide. ### Pearls **Pearls** are a non-transferable accounting unit derived from on-chain activity. They are not tokens and do not represent ownership or guaranteed rewards. Pearls are used to rank users within a Tide, and for weight probability during reward selection. They have no standalone value outside of the leaderboard system. ### Pearl Accrual Pearls accrue daily based on protocol usage: {% columns %} {% column width="33.33333333333333%" %} **Supplying assets** **Borrowing assets** **veDUST power** **DUST LP** {% endcolumn %} {% column width="66.66666666666667%" %} `0.02 Pearls per $1 supplied / day` `0.05 Pearls per $1 borrowed / day` `0.25 Pearls per 1 veDUST power / day` `0.25 Pearls per $1 LP value / day` {% endcolumn %} {% endcolumns %} > Example: If you supply $1,000 for a full day: `0.02 × 1,000 × 1 day = 20 Pearls` {% hint style="warning" %} Accrual resets when the Tide ends. {% endhint %} ### Pearl Settlement Timing Pearls are **not updated instantly per transaction**. User actions on the lending system, veDUST, and liquidity pools settle different components of Pearl accrual. The Leaderboard Keeper also periodically settles all positions (typically once per day), ensuring fair point accrual even when users are not actively interacting with Neverland. Displayed Pearl balances reflect the **latest settlement**\ All elapsed time is captured\ **No Pearls are lost** between settlements {% hint style="success" %} Settlement timing affects **display**, not accrual. {% endhint %} ### Multipliers All bonuses are additive and then capped at a **10x total multiplier**.\ If additional multipliers or partnerships are introduced in the future, they will stack additively and remain subject to the same **10x total cap**. ``` Total Multiplier = min( 1x (Base) + NFT Boost + veDUST Boost (not currently present) + Testnet Bonus, 10x ) ``` ### NFT Partnership Boosts **Active Partnerships** Some users receive Pearl multipliers applied to accrual. **Testnet participants** will receive a multiplier during the first Tide, and our **Partner NFT holders** receive an ongoing multiplier while the NFT is held. Multipliers apply automatically and may change over time. Current partnership boosts include: [**The** **10k Squad**](https://x.com/the10kSquad)**,** [**Fluffle**](https://x.com/fluffleworld)**,** [**Overnads**](https://x.com/overnads)
ProjectCollection AddressBoost Structure
The 10k Squad0x818030837e8350ba63e64d7dc01a547fa73c8279Flat 20%
Overnads0xFb5BA4061f5c50b1DAA6C067Bb2dFB0A8EbF6a8D10% → 9% → 8.1%
**Rules** A Multiplier applies **as long as the NFT is held**\ Boosts apply to **all Pearl sources** (Supply, Borrow, veDUST, LP)\ **Buys, sales, or transfers** of the NFT update your multiplier at the **next settlement**\ Holding more than one NFT from the same collection provides **no additional benefit** This ensures fair distribution while preventing multiplier inflation through NFT concentration. ### LP Position Requirements #### Eligible Pool * Pair: **DUST / DUST - Uniswap V2** * Pool Address: `0x86dBF00485871C901C5129bD525348Db96c2eB2d` #### Rate ``` 0.25 Pearls per $1 per day ``` > Example: $5,000 LP for 12 hours (0.5 day) = `0.25 × 5,000 × 0.5 = 625 Pearls` ### Reward Selection Mechanics At the end of each Tide, **100 winners** are selected using a **bucketed, weighted random process**. For each rank bracket, winners are selected by running a **weighted random draw once per winner slot**. If a bracket has *Y* winners, the process runs *Y* draws, and each selected wallet is removed from the bracket before the next draw. In each draw, a user’s probability is proportional **to their Pearls relative to the total Pearls remaining** in that bracket, meaning probabilities apply per draw and higher Pearl balances increase expected outcomes without guaranteeing selection. Bracket Distribution: {% columns %} {% column width="25%" %} 1–100 101–200 201–300 301+ {% endcolumn %} {% column width="75%" %} **50** winners **25** winners **15** winners **10** winners {% endcolumn %} {% endcolumns %} Only users with non-zero Pearls are eligible. Within each bracket, selection is random and weighted by Pearl balance. Higher participation increases odds but does not guarantee selection. #### Selection Method Weighted random per bracket\ Probability per draw: ``` Your Pearls ÷ Total Bracket Pearls ``` #### Example (Ranks 101–200) Your Pearls: 5,000\ Bracket Total: 100,000 ``` Chance per draw ≈ 5% Expected wins ≈ 1.25 ``` ### Blacklist & Eligibility Governance can blacklist addresses\ Blacklisted wallets do not appear on leaderboards\ Blacklisting is reversible\ Status is verifiable via `LeaderboardConfig` ### Point Precision & Display UI shows human-readable values (e.g. `1,234.5`)\ Internally stored with **18 decimal precision** Example: ``` 1,234 Pearls = 1234567890123456789012 (raw) ``` This prevents rounding drift and preserves exactness. ### Verification & Smart Contracts Nothing here is abstract, discretionary, or opaque. Everything ties back to on-chain data. #### Core Contracts `EpochManager` handles all epoch lifecycle management, scheduling start and end times for each Tide. `LeaderboardConfig` manages Pearl accrual rates (deposit, borrow, veDUST, LP), LP pool eligibility, blacklist, and manual point adjustments. `VotingPowerMultiplier` defines veDUST tier multipliers based on voting power thresholds (currently unused). `NFTPartnershipRegistry` stores NFT partnership configurations and their boost multipliers. `LeaderboardKeeper` settles users on-demand, syncing their voting power, NFT holdings, and LP positions, ensuring points accrue fairly for everyone, even when they're not actively interacting with Neverland. #### How to Verify Pearl accrual derives from on-chain events\ Rate changes emit events with timestamps\ Position balances match lending pool state\ Multiplier changes are logged (NFT, veDUST)
ContractAddress
EpochManager0xdA27A7745CBE958B0d00268cf63394A0d09c0216
LeaderboardConfig0xDff18C7a928544449eF2Bb84c609f95427d7fcc8
LeaderboardKeeper0x550eAaD1Ddc5Fd13Bc9818D99f985E7367D5D2B9
NFTPartnershipRegistry0xAB71Ce6910F255CC61fAf78EBd69A2B3dbC26Cd9
VotingPowerMultiplier0x9b203C61d03e64550BFbC17EF56438D1a67D80b7
#### Indexer Processes raw on-chain events\ Public source code\ Anyone can re-run it\ Leaderboard output matches chain state exactly {% hint style="info" %} The leaderboard indexer is **publicly accessible** under the Neverland GitHub organization [here](https://github.com/Neverland-Money/neverland-hyperindex). Documentation is provided to allow anyone to **run the indexer locally** and independently validate leaderboard data against on-chain events. {% endhint %} ### What’s Not Included Currently disabled (may activate in future Tides): veDUST holding tier multipliers\ Daily activity bonuses\ Referral bonuses\ Streak bonuses ### Fair Play & Anti-Gaming #### Sybil Resistance Multiple wallets allowed\ Rewards are probabilistic\ NFT and testnet bonuses are wallet-bound {% hint style="danger" %} Splitting activity across multiple wallets does **not** increase overall winning odds, as it simply divides your Pearls and therefore splits your probability of selection. {% endhint %} #### Flash Loan Protection Time-weighted accrual\ Same-block borrow/repay earns negligible Pearls\ Sustained positions matter #### Design Intent Higher Pearls improve odds\ No rank guarantees rewards\ Built for healthy usage habits ### Important Notes Rewards are **not guaranteed.** Results are **not retroactive.** Ranking does **not** entitle users to rewards. Outcomes vary by Tide. The system is fair in **process**, not in individual outcomes. Pearls are calculated mechanically from your **on-chain behavior** using published rates. Rewards are random but weighted. There are **no discretionary levers**, **no off-chain favoritism**, and **no invisible boosts**.