At the end of the 2 weeks, we will check the total betting volume to decide the reward pool.
Rewards will be distributed in proportion to the points scored by the bettors.
For non-stablecoin bets, such as via WETH, the equivalent USD amount when placing the bet will be considered for calculations.
Example: Let's say there are 3 eligible users from tier 1
Their total bi-weekly volume is $150000, $75000, $25000
- Based on total volume, the pool size will be $2000
- Thus, they will receive 60%, 30%, 10%
- Which is $1,200, $600, $200, respectively