# S3: Nexo Perks

Introducing Nexo Perks!

<figure><img src="https://1029745181-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FG3Lk76lfvw9ecPIg0mK8%2Fuploads%2FHlwqCL86HJkSMY4yOSnl%2Fimage.png?alt=media&#x26;token=cec85d06-3eb8-42f1-a2fb-59b08c2a969b" alt=""><figcaption></figcaption></figure>

## &#x20;$500K USD in $NEXO this week with Nexo Perks!

Stake ETH between July 24 00:01 UTC through July 31 23:59 UTC and earn NEXO! Some conditions apply.&#x20;

## How it works

1. Stake ETH in ether.fi during the event. The more you stake, the more NEXO tokens you earn.
2. The formula to distribute the NEXO tokens = amount of NEXO tokens / ETH amount staked.
3. At the end of the event, your NEXO rewards will be automatically airdropped to you within \~20 days. No need to claim, no need to spend on gas.

Stay tuned for more Perks to come throughout Season 3!

## Conditions <a href="#conditions" id="conditions"></a>

* All NEXO tokens will be distributed to the total amount deposited. The total amount deposited will determine how many tokens each individual will receive, what is fixed is the amount of tokens [ether.fi](http://ether.fi/) will distribute.
* NEXO tokens earned by new depositors within the July 24-31 event period.
* Only Ethereum mainnet staking is eligible for Nexo Perks rewards.
* Any attempt to exploit loopholes or manipulate the rules to game the system will result in disqualification for this promotion and all of your points on all accounts will be removed.



