Timed Weighting Boost
How does it work? This mechanic increases the weighting of holdings by 5% per day, for up to 100 days, to get a max of 500% weighting boost!
The formula for calculating rev share is:
(My Shares / Total Shares) * Amount to Distribute
Please note, this is all done with contracts internally. Itβs near impossible for you to find total shares to be able to execute this formula. The total Amount to Distribute is also not changing, itβs simply your share of the pie. If every holder has max boost, itβs the same as no holders having any boost.
Regular Rev Share Splits
Letβs say 100000 tokens are eligible for Rev Share.
Three holders hold 20000 tokens each, two hold 10000, and four hold 5000.
If there is $10K to distribute for Revenue Share
Each 20000 token holder's share of the pie is ((20000 / 100000) x $10000) = $2k earned
Each 10000 token holders have ((10000 / 100000) x $10000) = $1k earned
Each 5000 token holders have ((5000 / 100000) x $10000) = $500 earned
With Timed Weighting Boosts
Letβs say only one person has 100% weighting boost. If they were holding 20000, now their 20000 shares = 40000. Total Shares eligible also get inflated to 120000 due to that increase.
His share of the pie is now (40000 / 120000) x $10000 = $3333 earned
The two other 20000 token holders now have (20000 / 120000) x $10000 = $1667 earned
The two 10000 holders have (10000 / 120000) x $10000 = $833 earned
The four 5000 holders have (5000 / 120000) x $10000 = $416 earned
Forfeitures: Any transfer of tokens, or sells will result in resetting boost back to 0. However, you can claim as you wish. It does NOT reset your boost.
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