Game example with distribution of profit

Here's a table to represent the participants and their placed amounts:

Participant
Amount ($PLAYW)
Closest to Forecast

Player 1

15

Yes

Player 2

15

No

Player 3

5

Yes

Player 4

5

No

Player 5

5

No

In this scenario, Player 1 and Player 3 were the closest to the forecasted price. To calculate the reward distribution, we'll first determine the total amount of $PLAYW placed by all players:

  • Total $PLAYW: 15 + 15 + 5 + 5 + 5 = 45 $PLAYW

Next, we'll sum up the tokens of the winners (Player 1 and Player 3):

  • Total winning amount: 15 + 5 = 20 PLAYW

Now we can calculate the proportion of each winner relative to the total winning:

  • Player 1 proportion: 15 / 20 = 0.75

  • Player 3 proportion: 5 / 20 = 0.25

Finally, we'll distribute the rewards based on these proportions. The rewards pool consists of the losing amount:

  • Rewards pool: 15 (Player 2) + 5 (Player 4) + 5 (Player 5) = 25 PLAYW

  • Player 1 reward: 0.75 * 25 = 18.75 PLAYW

  • Player 3 reward: 0.25 * 25 = 6.25 PLAYW

In summary, Player 1 receives 18.75 PLAYW, and Player 3 receives 6.25 PLAYW as rewards for their accurate predictions.

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