Rewards

Professional rewards for professionals

IQUO pays rewards to up to 3 quotes owners with best prediction rate (ie closest to actual rate at respective snapshot time). Rewards are assessed at round closing (immediately after snapshot time) and paid automatically to respective signal owners.

In line with Brownian motion model, normal distribution is used to determine reward amounts. Namely, for the best three quotes there are calculated normal weights as follows (for i = 1, 2, 3):

[ normal weight (i) ] = 2 * NORMINV( - [ discrepancy ] ), where

  • NORMINV is inverse normal distribution function (cumulative integral of probability density) and

  • discrepancy is taken as negative value.

These weights, multiplied by stake (measured in tickets), serve as ultimate weights for rewards calculation according to following formula (for i = 1, 2, 3):

[ reward weight (i) ] = [ normal weight (i) ] * [ stake in tickets (i) ] * SUM ([ normal weight (i) ]) /

{ SUM ([ normal weight (i) ] * [ stake in tickets (i) ]) * 3 }.

It is easy to see that reward weight (i) value can not exceed 1.

The size of potential reward is calculated in real time during the whole round and presented in Best performers table on Main page. Actually paid rewards are shown on Rounds page.

Reward values are respectively calculated as

[ reward value (i) ] = [ round reward pool ] * [ reward weight (i) ].

There is one special case: ace. This is the situation when the best quote predicts actual rate with discrepancy below 2% - in this case all above calculations are skipped and the whole reward pool is paid exclusively to the best predictor.

Rewards are always paid net of fees to respective wallets immediately after all closing calculations at snapshot time are made. All payments are made directly by quotes contract.

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