Game example with distribution of profit
Here's a table to represent the participants and their placed amounts:
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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