You can stake NMR on your model to earn payouts based on performance.
Once staked, NMR will remain locked until you release it back to your wallet which takes 1 month. Specifically, the NMR will be released at the resolution of your last active round at the time of the request. While pending release, the unstaked amount may still be subject to burns but will not count towards upcoming payouts.
You can optionally configure where your earnings go and the score multipliers used to compute your payouts.
Your payout is a primarily a function of your scores. If you have a positive score you will get a payout. If you have a negative score a portion of your stake will burn.
The maximum payout or burn per round is capped at ±5%
payout = stake * clip(payout_factor * (corr * corr_mult + tc * tc_mult), -0.05, 0.05)
stakeis your model's stake value at the
closeof the round. This is also referred to as the stake value
at-riskfor a round. Your stake value
at-riskfor a round does not include any unstaked amounts that are pending release, and is set to 0 if you have no valid submission for a round.
payout_factoris a dynamic value that scales inversely with total NMR staked across the tournament, or more precisely the total stake value
at-riskacross the tournament at the
closeof the round.
payout_factor = min(1, 7200 / total_at_risk)
tc_multare configured by you to control your exposure to each score. Here are your options.
corr multiplier options
tc multiplier options
0x, 0.5x, 1.0x
0.0x, 0.5x, 1.0x, 1.5x, 2.0x, 2.5x, 3x
Numeraire (NMR) is the cryptocurrency that powers staking and payouts on Numerai.
To stake NMR on your model you must first deposit NMR into your Numerai wallet at your account's unique deposit address.
We officially recommend two places for buying and selling NMR
- Coinbase - a safe and easy place to buy NMR with USD, GBP, EUR or Bitcoin. A good place to start if you are new to crypto. Availability depends on your region.
- Uniswap - a decentralized exchange you can use to swap Ethereum based tokens like ETH or USDC for NMR. Requires you to bring your own wallet like MetaMask. Great for DeFi enthusiasts.