updates waves

pages/knowledge-hub/airdrops/azuro-waves/_meta.json

@@ -2,5 +2,6 @@
   "overview": "Overview",
   "wave1": "Wave 1",
   "wave2": "Wave 2",
-  "wave3": "Wave 3"
+  "wave3": "Wave 3",
+  "wave4": "Wave 4"
 }

pages/knowledge-hub/airdrops/azuro-waves/wave2.mdx

@@ -4,7 +4,7 @@ import { Formula, Callout } from 'components'
 
 - Start of Wave 2 → 00:00:00 UTC November 18th, 2024
 - End of Wave 2 → 23:59:00 UTC December 25th, 2024
-- **Total airdrop reward → TBC**
+- **Total airdrop reward → 500 000 AZUR**
 
 <Callout type="info">
 Airdrop reward per user = 
@@ -63,4 +63,4 @@ Upon the conclusion of each Wave period, your acquired level will move down one
 <Callout type="warning">
 If you do not see your level in the Waves tab in the Azuro App, make sure to click the ENHANCE button. You can do this at any stage within the Wave.
 However, if you never do it and the Wave ends - you will not have any Level Multiplier points.
-</Callout>
+</Callout>

pages/knowledge-hub/airdrops/azuro-waves/wave3.mdx

@@ -4,7 +4,7 @@ import { Formula, Callout } from 'components'
 
 - Start of Wave 3 → 12:00:00 UTC December 26th, 2024
 - End of Wave 3 → 23:59:00 UTC February 18th, 2025
-- **Total airdrop reward → TBC**
+- **Total airdrop reward → 600 000 AZUR**
 
 <Callout type="info">
 Airdrop reward per user = 

pages/knowledge-hub/airdrops/azuro-waves/wave4.mdx

@@ -0,0 +1,66 @@
+import { Formula, Callout } from 'components'
+
+# Wave 4
+
+- Start of Wave 4 → 12:00:00 UTC February 18th, 2025
+- End of Wave 4 → 23:59:00 UTC March 5th, 2025
+- **Total airdrop reward → TBC**
+
+<Callout type="info">
+Airdrop reward per user = 
+\{Total airdrop reward\} * ( \{User wave points\}  / \{Total wave points\} )
+</Callout>
+
+## Points rules
+
+| Activity | Formula |
+| --- | --- |
+| [Placing Bets](https://azuro.org/ecosystem) | Х points =  \{Bet sum\} * min( \{Odds\}; 10) / 5<br />e.g. 1 point = \$2.5 bet at odds of 2 (European odds format) |
+| [Liquidity Provision](https://azuro.org/app/liquidity) | Discontinued |
+| [DEX LP'ing](https://azuro.org/app/dex-farming) | Discontinued |
+| [\$AZUR Staking](https://azuro.org/app/staking)<br />(excl. unbonding) | 1 point = 1 000 000 AZUR staked/day |
+| Ecosystem support activities | Ad-hoc. To be announced separately whenever such rewards are to become available. |
+
+All points are credited once a day. A minimum holding period of 24 hours is required for the deposits to qualify for the points.
+
+Points awarded for betting activity will be credited after 100-300 blocks from the time the bet was placed. All bets placed during the Wave period will be included, even if their outcome and resolve date occurs after the end of the Wave period.
+
+## Points multipliers
+
+### Leaderboard multiplier
+
+Making it into the weekly leaderboard gives you point multipliers (applicable to the points you generate in that particular week).
+
+| Weekly leaderboard position | Multiplier |
+| --- | --- |
+| 1-10 | 2x |
+| 11-50 | 1.7x |
+| 51-500 | 1.4x |
+| 501-1000 | 1.2x |
+
+<Callout type="feature">
+You can [implement Azuro Waves Leaderboard into your UI](https://gem.azuro.org/hub/apps/guides/azuro-waves)
+</Callout>
+
+### Levels multiplier
+
+| Level ID | Level name | Level multiplier | Points needed |
+| --- | --- | --- | --- |
+| 0 | Mist |  | 0 |
+| 1 | Sky | x1.1 | 0.1 |
+| 2 | Blue | x1.2 | 0.2 |
+| 3 | Ultramarine | x1.3 | 0.5 |
+| 4 | Bright | x1.4 | 1.2 |
+| 5 | Brilliant | x1.6 | 2.5 |
+| 6 | Royal | x2 | 6 |
+
+In this Wave, points that count towards your levels multiplier **can only be earned from AZUR staking.**
+
+To illustrate, if you have 0.65 points from AZUR staking and 5 000 points from betting activities, your levels multiplier will be Ultramarine (x1.3). Your raw total will amount to 5 000.65 points, and your total after applying the levels multiplier will be 6 500.845 points.
+
+At the conclusion of each Wave period, your acquired level will reset to the lowest level for the next Wave. For instance, if you hold the Ultramarine level at the end of Wave 2, you will start at the Mist level in Wave 3.
+
+<Callout type="warning">
+If you do not see your level in the Waves tab in the Azuro App, make sure to click the ENHANCE button. You can do this at any stage within the Wave.
+However, if you never do it and the Wave ends - you will not have any Level Multiplier points.
+</Callout>