How is the Net Yield calculated

The calculation of the net yield, or the profit from investing in the Node Sale, uses the following inputs:

• Assumption on the Node Sale Fill Rate (what % of node have been sold)

• The total rewards (in GNET) allocated to the Node Sale participants. These are the 3 types of rewards stated above.

• Assumption of a GNET price (= assumption on the effective FDV)

It is to note that net yield calculation also takes the assumption that the Node Holder is active & staking the GNET received from the Node Drop, meaning the holder benefits from the Merit-Based Airdrop & the validation rewards. If the holder is non-active, net yield will be decreased as this source of reward won't be active.

Reminder: rewards are transferred from inactive to active Node Holders, as there will always be some inactive holders, the net yield will be higher for active holders.