💰Prize pools

Summary

1. 15% of total prize pool is for protocol

2. 85% of total prize pool:

   1. 10 matches -> rewards for:

      1. 10 hits: 40%

      2. 9 hits: 17,5%

      3. 8 hits: 17,5%

      4. 7 hits: 10%

An example

Assuming a total prize pool of $10,000, the following table illustrates the distribution of prizes based on the number of correct predictions and the number of winners in each category.

Number of hits	Total Prize Amount	Number of Winners	Prize per Winner
10	$3,400	2	$1,700
9	$1,487.50	4	$371.88
8	$1,487.50	5	$297.50
7	$850	10	$85
Total Distributed	$7,225	21	-
Treasure Funds (15%)	$1,500	-	-
Undistributed Funds	$275	-	-
Total Prize Pool	$10,000	-	-

Summary example

• Protocol Share: $1,500 (15% of the total prize pool)

• Total Prize Distribution: $8,500 (85% of the total prize pool)

• Total Distributed to Winners: $7,225

• Undistributed Funds: $275 (can be carried over to the next prize pool or allocated as a bonus)

This table ensures a fair distribution of the prize pool among winners, rewarding users based on their prediction accuracy while maintaining the protocol's sustainability.