Case Scenario for Lenders Competitions

This page intends to give you a case scenario of how SOLARR would calculate the parameters for a lender competition with SLCR.

Case Scenario

The calculation as shown below would be rounded to 2 decimal places. In actual Lenders Competitions Scores, the calculation would take as much as decimal places as possible.

The case scenario only take USDT as unit for Total Interest Received Generated. In actual calculation, it would involve other cryptocurrency as unit, such as ETH. Other cryptocurrency as unit would be unified to USDT by real-time price oracle and show on Lenders Leadership Board of SOLARR platform, and cut off to the final ranking by the end of each competition.

Sample Data Set (By the end of a 14-Days Lenders Competitions)

Lenders
Total Interest Received Generated
SLCR locked in Competition
Weighted Avg. of SLCR in Regular Support

Alpha

USDT 10,000

323,232 SLCR

665,383 SLCR

Beta

USDT 8,888

907,423 SLCR

945,345 SLCR

Delta

USDT 12,888

867,453 SLCR

299,234 SLCR

Zeta

USDT 6,888

124,387 SLCR

867,345 SLCR

Eta

USDT 5,999

465,908 SLCR

323,234 SLCR

Theta

USDT 56,899

0 SLCR

2,089,345 SLCR

Kappa

USDT 10

9,345,234 SLCR

10,234,345 SLCR

The ultimate result based on the Lenders Ranking Mechanism (Total Interest Received Generated Contribution Multiplier for each lender has been rounded to 3 decimal places as shown below)

Lenders
Contribution Multiplier
Score
Ranking

Alpha

0.098

23,782.01

4

Beta

0.088

37,591.96

3

Delta

0.127

40,944.83

2

Zeta

0.068

15,064.31

5

Eta

0.059

13,342.32

6

Theta

0.560

209,702.02

1

Kappa

0.000

387.15

7

Assume

  1. The Total Reward for this Lenders Competition = 0.8% of the Total Interest Received Generated by all loan transactions on SOLARR = USDT 812.576

  2. Jackpot pool from last round Lenders Competition = USDT 0

  3. Overall Total Reward = USDT 812.576

Hence, for the awarded Lenders (rounded to 2 decimal places)

Ranking
Lender
Ranking Reward Pool

1

Theta

USDT 243.77

2

Delta

USDT 203.14

3

Beta

USDT 162.52

4

Alpha

USDT 121.89

5

Zeta

USDT 81.26

For a supporter who has locked SLCR in this Lenders Competition with the following behaviors:

Behaviors
Locked Amount of SLCR
Lenders

Locked in Competition locking pool before start

100,000 SLCR

Zeta

Locked in Competition locking pool before start

50,000 SLCR

Alpha

Locked and Unlocked in 5th Day with 60,000 seconds

1,000,000 SLCR

Theta

Locked and Unlocked in 10th Day with 80,000 seconds

90,000 SLCR

Delta

Locked and Unlocked in 13th Day with 24,686 seconds

500,000 SLCR

Theta

Locked and Unlocked in 14th Day with 70,000 seconds

100,000 SLCR

Theta

The Reward (rounded to 2 decimal places) for this supporter from each Lender Ranking Reward Pool would be as follow:

Zeta
Alpha
Theta
Delta

USDT 19.60

USDT 5.66

USDT 3.32

USDT 0.96

Sample reward calculation from Lender Theta Ranking Reward Pool for this supporter locking SLCR and unlocking SLCR on 5th Day Regular Support: = ((1,000,000 x 9.52% x 60,000/84600) / 2,089,345) x (243.77 x 40%) = USDT 3.15

Sample reward calculation from Lender Zeta Ranking Reward Pool for this supporter locking SLCR in Competition Locking Pool of Lender Zeta before competition start: = (100,000/124,387) x (81.26 x 30%) = USDT 19.60

The overall reward received by this supporter for this Lenders Competition: USDT 29.54

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