Sendorca Staking Week

Introduction

The staking activity will last for two weeks, and the rewards will be distributed from a shared pool. The reward pool is 3,000,000 points, which will be divided among participants based on their staked amount.

Duration

UTC 2:00 PM, July 15 - UTC 2:00 PM, July 28

Points Reward Formula

$$\text{Your Reward} = \left( \frac{\sum_{i=1}^{N} \text{Your Staked Asset}_{i} \times \text{Days Staked}_{i}}{\sum_{j=1}^{N} \text{Total Daily Staked Amount}_{j}} \right) \times 3,000,000 \text{ Points}$$

- Individual Reward Cap: 3,000 points - Individual Reward Floor: 10 points

Asset Calculation

Individual Average Staked Amount

$$\text{Individual Average Staked Amount} = \frac{\sum_{i=1}^{14} \text{Daily Staked Amount}_{i}}{14}$$

Total Average Staked Amount

$$\text{Total Average Staked Amount} = \frac{\sum_{i=1}^{14} \text{Total Daily Staked Amount}_{i}}{14}$$

(Snapshots will be taken randomly each day during the event period.)

Examples

Jack

Staked 1 ETH on the first day, withdrew on the third day after the snapshot, and staked again from the 11th to the 14th day.

Jack's Asset =(1*3 + 1 *4)/14 = 0.5 ETH

Leo

Staked 0.1 ETH and made no changes during the event period.

Leo's Asset = 0.1 ETH

Mandy

Staked 2 ETH on the last day before the snapshot.

Mandy's Asset = 2/14≈ 0.1428 ETH