Post
Topic
Board Bounties (Altcoins)
Merits 1 from 1 user
Re: 🔥BOUNTY🔥 [PASTEL NETWORK] $PSL Tokens Bounty Campaign 🔥 8 weeks
by
keyscore44
on 02/02/2021, 00:39:49 UTC
⭐ Merited by legendster (1)

Allocated PSL tokens per campaign / Total Stakes earned per campaign = Tokens per stake for that particular campaign.

Value of tokens would be locked as per the exchange price on the day of Bounty Campaign conclusion.


Example Stakes Calculation:

Assumed rated : PSL/USD = $0.001

$2800 = 8,000,000 PSL tokens

Let's assume 1000 stakes were earned in total by all participants in the particular campaign (Signature / Youtube / Article).

8,000,000 / 1000 = 8000 Tokens per stake

If you earn 20 stakes by the end of the campaign, you would earn : 20 x 8000 = 320,000 PSL tokens ($160 worth @ $0.001 PSL/USD rate)

NOTE: The above mentioned rates are for illustrative purposes only, real figures would be used when stakes are being calculated.


I know this is just an example calculation but it is wrong.
It is impossible for $2800 to be 8M PSL tokens if the PSL/USD price is $0.001.

CORRECT CALCULATION IN YOUR WAY:
If price is PSL/USD = $0.001
Allocation is $2800
$2800/$0.001=2,800,000 PSL
If in campaign total of earned stakes is 1000
2,800,000/1000=2800 PSL tokens per stake, so 1 stake is worth 2800*$0.001=$2.8
If participant earn 20 stakes it is 20*2800PSL=56,000PSL
56,000*$0.001= $56 is worth of tokens after 8 weeks of campaign if price of PSL on the day of Bounty Campaign conclusion will be $0.001

Junior Member = 0.5 stakes per week = 0.5*$2.8=$1.4/week
Member = 1 stakes per week = 1*$2.8=$2.8/week
Full Member = 1.5 stakes per week = 1.5*$2.8=$4.2/week
Senior Member = 2 stakes per week = 2*$2.8=$5.6/week
Hero/Legendary = 3 stakes per week = 3*$2.8=$8.4/week

The only thing that can change (because we don't know it yet) it is the price. When will we know what will be the price of the token during tokensale?