> For the complete documentation index, see [llms.txt](https://whitepaper.iskra.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.iskra.world/community-economics/token-economy/settler-nft.md).

# Settler NFT

### **What is Settler NFT?**

As part of the Pioneer Stage's conclusion, Pioneer NFTs have been converted to Settler NFTs\*. Each Settler NFT gives its holder the right to become a node operator on the ISKRA platform. Nodes provide a steady stream of computing power for the ISKRA blockchain network, making it a decentralized, stable, and trustless system. Settler NFT holders are rewarded with $ISK tokens and CPs in return for operating a node or delegating their NFT to other operators\*\*.

### **Settler NFT Rewards**

Settler NFT holders will be entitled to the following rewards:

* $ISK: rewarded with $ISK tokens in accordance with the Distribution Plan as described earlier in this document.
* CPs: rewarded with CPs based on a defined formula.

### **Total Supply and Distribution Plan**

* Total Supply: 10,000 SNFT
* Distribution Plan: A total of 10,000 Pioneer NFTs have been converted to Settler NFTs and distributed to the existing Pioneer NFT holders

\*In accordance with the governance vote, the PNFT sale was discontinued, and the Total Supply was set at 10,000. Upon the 1:1 conversion to SNFT, all restrictions on PNFTs were removed.

\*\*Until the official launch of the ISKRA Chain, the NFT rights will be delegated to ISKRA by default.