# History of BAMK NUSD Initially, NUSD was pegged 1:1 with USD, with holders earning BAMK rewards every block during Season 1. Starting at block 872222, remaining BAMK rewards from Season 1 were auctioned off weekly with the proceeds being used to reward NUSD holders with native rebasing. The last rebasing raised the exchange rate to 1 NUSD = 1.087 USD.\ \ **NUSD will be rebased back to 1:1.** NUSD holders will receive an airdrop of NUSD accounting for the current premium at the time of airdrop. For example, if you hold 1000 NUSD and the current exchange rate is 1.087 USD/NUSD, you will receive airdrop of 87 NUSD. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bamk.fi/bamkfi/resources/history-of-bamk-nusd.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.