How are the Trade Mining Rewards being calculated?
Last updated
Last updated
R(T) = Mining reward obtained periodically R(t) = Allocated reward amount distributed periodically
FeeBuff = Dynamic value that adjusts linearly when the trading volume on the platform changes.
DynamicBuff = Dynamic value that is adjusted according to the trading conditions of the platform user
Trade Mining Rewards are as follows:
If
PEX price is 1 PEX = 1 USDT.
Reward Amount for Periodic Allocation = $1 Million In USD Value.
DynamicBuff = 1
The estimated transaction mining reward is: DynamicBuff * (1 / FeeBuff) * 1,000,000 PEX = the final reward after each transaction.
The algorithm will adjust the reward amount with reference to the trading volume of the market. When the total trading volume becomes lower, the reward amount will be increased.
If Feebuff reaches 1% of the reward amount to be distributed, then FeeBuff = 100
Trade Mining Rewards will be:
1 * (1 / 100) * 1,000,000 $PEX = 10,000 PEX.
Trade Mining Rewards are applicable for both takers and makers that are trading on the platform.
