ADM Prize Pools
What are prize pools comprised of?
0.6% of all $ARENA token trading volume will go to a master prize pool. This will ensure a minimum prize pool allocation is available for the upcoming contest. There is a 1 ETH contest prize minimum.
2.18% of the current $ADM contest token trading volume will go to the current ADM contest prize pool.
If the current ADM contest prize pool < 1ETH
Then the master pool prize will fund the current contest prize pool to ensure the current prize pool = 1 ETH.
If the current ADM contest prize pool >= 1 ETH
Then the master prize pool minimum allocation will disregard the current prize pool and fund the upcoming prize pool ensuring a 1 ETH minimum prize pool.
If the current ADM contest prize pool >=6 ETH (the prize pool threshold)
Then 20% of the prize pool's value earned after the threshold is met will go towards the upcoming ADM prize pool.
Current Prize Pool Threshold Not Met 1. Example scenario: ARENA Prize Pool Allocation funds portion of Current Contest Prize Pool
$ARENA has accumulated 1 ETH in the master prize pool - satisfying the contest prize minimum.
The active contest ADM has accumulated 0.5 ETH in the current prize pool.
0.5 ETH from the master prize pool goes to the current prize pool ensuring a 1 ETH prize pool minimum.
Current Prize Pool Threshold Met 2. Example scenario:
ARENA Prize Pool Allocation disregards Current Contest Prize Pool
$ARENA has accumulated 1 ETH in the master prize pool.
The active contest ADM has accumulated 1 ETH in the current prize pool.
Current prize pool >= 1 ETH (contest prize minimum)
1 ETH from the master prize pool allocation will go towards the next ADM prize pool.
1 ETH is awarded from the current prize pool
Current Prize Pool Threshold Met 3. Example scenario:
Active ADM contest has accumulated 8 ETH in its prize pool, 2 ETH over the 6 ETH prize pool threshold.
0.4 ETH will go toward the Master prize pool - 20% of 2 ETH.
7.6 ETH is awarded to the active ADM prize pool.
Prize Pool breakdown of ADM trading volume:
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