Rewards

To attract more users in joining us to support a good cause, $CARE will be rewarded to participants. $CARE is deployed here and has the following attributes:

{
    "p": "src-20",
    "op": "deploy",
    "tick": "care",
    "max": "210000000",
    "lim": "0",
    "type": "claim"
}

$CARE is claim based and cannot be minted, participants will receive points depending on their contribution, and these points will be converted to $CARE.

Points and CARE Earnings

To view the amount of $CARE you have earned, head over to our website here (earnings are updated every 24 hours). Alternatively, you can view your points in the team statistics page or in your dashboard but please be aware that team statistics are not live data either (updates every few hours).

Note: The following Solinscription team wallets are not eligible to claim $CARE:

  • 4wFVmATaYwuBpQV8ceHnoPE26zaMeeDp1J9J7z81UpME

  • 8JG3LehMkTj4JaPG39iWQSbheYn4szVhqm4e6TqkYin8

Distribution

The Bitcoin deflationary model has been proven to be reliable, therefore, $CARE has adopted its distribution method, setting the total supply of $CARE at 210,000,000, where 7,000,000 will be reserved for our alpha testing which will last 48 hours.

The mining cycle spans 14 days, with a fixed release of 14,500,000 $CARE each day. Participants will then split this daily pool according to their contributions and bonuses.

Bonus

Existing $SOLS holders will receive bonuses when participating given by this formula:

bonus(x)=1−e−0.04xbonus(x) = 1 - e^{-0.04x}

If you wish to get a quick estimate of your bonuses, refer to the table below:

$SOLSBonus

1000

3.92%

5000

18.13%

10,000

32.97%

20,000

55.07%

50,000

86.47%

100,000

98.17%

120,000

99.18%

150,000

99.75%

Conversion

To make things simple. Without loss of generality, all equations and examples below are based on daily activities. Notation:

  • caredaily=14,500,000care_{daily} = 14,500,000: daily claimable $CARE

  • bonusibonus_i: bonus % for participant ii

  • pip_i: daily earned points for address ii / 1000

  • nn: total daily participants

  • NOTE: points and $CARE are not the same

Thus, the daily earned $CARE for participant ii will be:

⌊pi×bonusi∑i=1npi×bonusi×caredaily⌋\left\lfloor \frac{p_i \times bonus_i}{\sum_{i=1}^n p_i \times bonus_i} \times care_{daily} \right\rfloor

Furthermore, to ensure a whole number, we applied the floor function. Here, any remaining $CARE will be burnt.

Example

ParticipantDaily Points$SOLS Balance

participant 1

5000

2000

participant 2

3000

5000

Participant 1

bonus1=1−e−0.04×2≈7.69%bonus_1 = 1 - e^{-0.04 \times 2} \approx 7.69 \%
⌊5×bonus1∑i=1npi×bonusi×14,500,000⌋≈6,005,073\left\lfloor \frac{5 \times bonus_1}{\sum_{i=1}^n p_i \times bonus_i} \times 14,500,000 \right\rfloor \approx 6,005,073

Participant 2

bonus2=1−e−0.04×5≈18.13%bonus_2 = 1 - e^{-0.04 \times 5} \approx 18.13 \%
⌊3×bonus2∑i=1npi×bonusi×14,500,000⌋≈8,494,927\left\lfloor \frac{3 \times bonus_2}{\sum_{i=1}^n p_i \times bonus_i} \times 14,500,000 \right\rfloor \approx 8,494,927
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