Leaderboard & rewards

Leaderboard & rewards

Every epoch has a real reward pool. At settlement it is split across the positive returns, in proportion to how positive they are.

The leaderboard

The leaderboard ranks every account in the epoch by return, live while the epoch runs. Each row also shows the share of the pool that return would earn if the epoch ended now. At settlement the final ranking and rewards are written to History.

The formula

For each trader:

  1. Counts as = the return, capped at +100%. Zero or negative returns count as 0.
  2. Share = your "counts as" ÷ the sum of everyone's "counts as".
  3. Reward = pool × share.

Only positive returns are paid. The cap stops one lucky all-in trade from taking the whole pool: past +100%, extra return doesn't add to your share.

Example

Example: a $2,000 pool with the current +100% cap
TraderReturnCounts asShareReward
A+150%+100% cap57.1%$1,142.83
B+50%+50%28.6%$571.41
C+25%+25%14.3%$285.71
D+0.004%+0.004%0.0023%$0.05
E−8%00.0%$0.00
Total paid$2,000.00

The table is computed by the same code that pays out, with the current cap.

Cent rounding

Rewards are paid in whole cents and always add up to the pool exactly. Everyone first gets their share rounded down to the cent; the cents left over go one at a time to the largest remainders. Nobody is ever more than one cent away from their exact share.

How the pool is set

The pool for the current epoch is $2,500. It is funded by the project and set by the admin: each epoch starts at a default amount, and the admin can change it during the epoch (the leaderboard updates at once). The pool at the moment of settlement is what gets paid.

Payout

{{PAYOUT_PLACEHOLDER}}