LogoLogo
  • Whitepaper
    • Introduction
    • Mission, Vision & Values
    • Core Products
      • xHaven Marketplace
      • xHaven Launchpad
      • xHaven APIs & SDKs
      • xHaven FTSO
      • xHaven Validator
      • xHaven Collection
    • Technology
      • Multiple Token Standard Support
      • Cross-Chain Purchases
      • Dynamic Pricing Via FTSO
      • APIs For Enhanced Data Accessibility
      • SDKs For Modular Development
      • Sustainable Technology
  • Tokenomics
    • Introduction
    • Token Function
    • Governance Token Distribution Mechanism
    • Rewards
      • LP, Simple Staking & Governance
      • Platform Rewards
      • Rewards Distribution
    • Buyback & LP
    • Payment & Discount
    • Community Incentives
    • DAO Governance
      • Scope
      • Roles & Responsibilities
        • Stewards/Delegates
        • Council Members
      • Voting Power
      • Governance Process
        • Phase 1: Signaling Proposal
        • Phase 2: Change Proposal
        • Phase 3: Execution
        • Governance Process Mechanism
    • xHaven Collection
    • Airdrop
  • Token Distribution
    • Allocation & Schedules
      • xHaven Foundation
      • Platform Rewards
      • LP Staking
      • Simple Staking
      • Governance Staking
      • Community Incentives
      • xHaven Collection
      • Airdrop
      • Operating Expenses
      • Team
  • Additional Information
    • Additional Information
Powered by GitBook

© 2024 xHaven All Rights Reserved

On this page
  1. Tokenomics
  2. Rewards

Platform Rewards

PreviousLP, Simple Staking & GovernanceNextRewards Distribution

Last updated 1 year ago

Platform Rewards for will be distributed on an epoch basis to prevent intra-day trading spikes. Each year will be 12 epochs. Thus, the duration of each epoch is dependent on the number of days in the year:

  • For years with 365 calendar days, this equals 30.416 days per epoch.

  • For years with 366 calendar days, this equals 30.5 days per epoch.

The xHaven platform will distribute 32.56% of the 0.02% daily reward pool allocation as incentives for Marketplace buyers & sellers, which is equivalent to 0.0065%. This setup means that for each 30-day epoch, the platform will give away 0.195% of the tokens in the reward pool to buyers & sellers.

The rewards will be distributed based on the following formula:

Ru=RE×TVx∑1nTV1...TVnR^{u} = R_{E} \times \frac{TV^{x}}{\sum_{1}^{n}{TV_{1}...TV_{n}}}Ru=RE​×∑1n​TV1​...TVn​TVx​

Where:

  • RuR^{u}Ru is the individual reward for user X for the epoch.

  • RER_{E}RE​ are the total user rewards for the particular epoch.

  • TVxTV^{x}TVx is the total value of digital collectibles bought/sold by user X for the epoch.

  • ∑1nTV1...TVn{\sum_{1}^{n}{TV_{1}...TV_{n}}}∑1n​TV1​...TVn​ is the total trading volume, i.e., the sum of all buying and selling activities of the users in the system for the particular epoch.

buyers & sellers on the Marketplace