Case Scenario for Regular Support
This page intends to give you a case scenario of how Regular Support Lenders with SLCR to Earn work.
Case Scenario
In this case scenario, we would use 'date' to demonstrate the calculation. - 'Borrowing Date' would imply beginning of the day - 'Returning Date' would imply end of the day - 'Lock Date' would imply beginning of the day - 'Unlock Date' would imply end of the day
In actual Regular Support operation, the SLCR locking period (supporting period) by supporters in respective to the loan transactions borrowing time and returning time by borrowers would be accurate to seconds.
In addition, the calculation as shown below would be rounded to 2 decimal places. In actual Regular Support operation, the reward distribution with the calculation would take as much decimal places as possible.
Sample Data Set
Name of a Lender: Lender Beta
Loan transactions:
1
28th Nov
3rd Dec
1,000 USDT
4.0 USDT
2
1st Dec
12th Dec
2,000 USDT
8.0 USDT
3
2nd Dec
2nd Dec
100 USDT
0.4 USDT
4
2nd Dec
9th Dec
1,500 USDT
6.0 USDT
5
3rd Dec
10th Dec
1,800 USDT
7.2 USDT
6
8th Dec
12th Dec
2,500 USDT
10.0 USDT
Total Reward = Total Interest Received in each loan transaction x 0.4%
Three Supporters locked SLCR to support Lender Beta in this period of time, and
A
30th November
13th December
1,000
A
7th December
13th December
500
B
2nd December
10th December
1,000
C
3rd December
12th December
2,000
Hence, the applicable transactions for rewards of each supporter and the Total Reward Proportion (%) for each supporter would be as follows:
1
No Supporters Applicable
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
2
Supporter A = 1,000 SLCR Locked
100% of Tx#2 Total Reward = 8.0 USDT
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
3
Supporter A = 1,000 SLCR Locked Supporter B = 1,000 SLCR Locked Total Applicable SLCR Locked = 2,000 SLCR Locked
50% of Tx#3 Total Reward = 0.2 USDT
50% of Tx#3 Total Reward = 0.2 USDT
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
4
Supporter A = 1,000 SLCR Locked Supporter B = 1,000 SLCR Locked Total Applicable SLCR Locked = 2,000 SLCR Locked
50% of Tx#4 Total Reward = 3.0 USDT
50% of Tx#4 Total Reward = 3.0 USDT
Not Applicable (Borrowing Time is earlier than SLCR Lock Time)
5
Supporter A = 1,000 SLCR Locked Supporter B = 1,000 SLCR Locked Supporter C = 2,000 SLCR Locked Total Applicable SLCR Locked = 4,000 SLCR Locked
25% of Tx#5 Total Reward = 1.8 USDT
25% of Tx#5 Total Reward = 1.8 USDT
50% of Tx#5 Total Reward = 3.6 USDT
6
Supporter A = 1,500 SLCR Locked Supporter C = 2,000 SLCR Locked Total Applicable SLCR Locked = 3,500 SLCR Locked
43.86% of Tx#6 Total Reward = 4.49 USDT
Not Applicable (Unlocking Time is earlier than Returning Time)
57.14% of Tx#6 Total Reward = 5.71 USDT
Total Reward Proportion for each supporter in each loan transaction = Amount of Applicable SLCR locked by a specific supporter / Total Applicable SLCR locked
Reward for each supporter on each applicable transaction = Total Reward of each loan transaction x Total Reward Proportion for each supporter in each applicable transaction
To conclude, the total rewards for each supporter to claim when they unlock their SLCR
17.49 USDT
5.0 USDT
9.31 USDT
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