💸Reward Distribution
Last updated
Last updated
This page aims to provide a comprehensive guide on how rewards are distributed on our platform. Understanding the rewards mechanism is crucial for maximizing your benefits from participating in the platform's activities.
The total rewards are divided into three main categories:
Holding Rewards: 50% of the total rewards.
Transaction Rewards: 40% of the total rewards.
Team Fund: 10% of the total rewards.
When you hold CBK tokens, you are essentially participating in a reward system that allocates transactions, or shares of the reward, based on the amount of CBK you hold. The more you hold, the higher your share of the rewards.
There is a maximum holding value set at 30,000 CBKs, for which you will receive the maximum rewards of 1 transaction per day.
Consider that you are earning transactions for holding CBK tokens, and every transaction counts towards your reward.
If 100 transactions are "created" by holding in total, 50% of the rewards will be divided among these 100 transactions.
Holding 1000 CBK Tokens:
In two days, you earn 0.06 transactions (TX). This is calculated as 100/30,000 = 0.03 TX per day, so for two days, it's 0.06 TX.
If you hold 1000 CBK for 15 days, your share is calculated as 0.03 x 15 = 0.45 TX.
Reward Pool Distribution:
Assume the total reward pool is 10 ETH, and 50% of this (5 ETH) is for transaction rewards.
If there are 10 more users holding 1000 CBKs for 15 days, the total transaction count is 4.5 TX. The reward per transaction is 5 ETH / 4.5 TX = 1.11 ETH per transaction.
With 0.45 TX, your reward would be 0.45 x 1.11 = 0.4995 ETH.
Transaction rewards are for those who send actual transactions through the RPC URL. This accounts for 40% of the total rewards.
How it Works
If 100 real transactions are sent, then the 40% of the rewards would be divided equally among these 100 transactions.
Example
Let's say the 40% transaction reward pool is 40 ETH.
So if you send 20 transactions, your reward is 20 * 0,4 ETH = 8 ETH.
The remaining 10% of the rewards go into the team fund, which is utilized for the platform's development and maintenance.
If a user is both holding and sending real transactions, they will be eligible for rewards from both pools. This means you could earn both holding rewards and transaction rewards.
If 100 real transactions are sent, each transaction would receive ETH as a reward.