Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][CLO] Callisto Network
by
yhendri
on 12/07/2018, 16:47:05 UTC
I have one question. How is the Cold Staker reward calculated? By what formula?

Here is a calculator https://mining.alekseirubin.com/clostaking/
You can calculate the approximate return on the invested amount.

This is a stupid calculator. It does not understand anything. Is there a calculator limited by the rules?

I, too, did not understand how to use it. Too much run-in between assumptions. I correctly understand that the amount of CLO sent to the distribution is known exactly?

Example 1
(For simplification reasons assume that Staking Reward Pool is 100 CLO/day or 3000 CLO/month. However, the real Staking Reward Pool is 20736000 CLO/month)

Staker_1 deposits 1000 CLO into Staking Contract. Then Staker_2 deposits 4000 CLO into staking contract. As time passes, the Staking Contract is filled with CLO (+100 CLO each day).

After 1 month the Staker_2 claims his reward. (current block — init block/round interval) = 1 in this case (because 1 month = 172,800 blocks). Staker_2 receives 3000 * 1 * 4000/5000 = 2400 CLO. 600 CLO remains at the Staking Contract.

Staker_1 has two options: claim the reward OR wait for better circumstances. If they decide to claim, then the reward will be 600 * 1000/5000 = 120 CLOwhich is not even close to the expected amount. In this case, Staker_1 should wait a bit longer. Staker_2 cannot claim the reward within the next 30 days because of their locking period after the last claim.

After 29 days the Staking Contract has 600 + 29*100 = 3500 CLO at its balance. (current block — init block/round interval) = 2 for Staker_1 because they haven’t claimed the reward for 2 months. Staker_1 now claims 3500*2*(1000/(5000+1000)) = 1166,6 CLO.

All this is very difficult. I hope that developers will create applications for calculations.

I think the creation of such applications is in the interests of developers. Otherwise it will be like a deception) Who understood - he won, who did not understand - he lost)

The only assumption on calculator was the total cold stake coin. We will not know until people start to cold stake and we will see on cold stake smart contract how many callisto are stake. The easiest to calculate cold stacking are the calculator above, although that not 100% acurate. Because of dynamic cold stacking system that used. Not static cold stacking.

Dynamic cold stacking is what explain above by lottereum