Rewards

To attract more users in joining us to support a good cause, $CARE will be rewarded to participants. $CARE is deployed here arrow-up-rightand 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 arrow-up-right(earnings are updated every 24 hours). Alternatively, you can view your points in the team statisticsarrow-up-right 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)=1e0.04xbonus(x) = 1 - e^{-0.04x}

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

$SOLS
Bonus

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×bonusii=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

Participant
Daily Points
$SOLS Balance

participant 1

5000

2000

participant 2

3000

5000

Participant 1

bonus1=1e0.04×27.69%bonus_1 = 1 - e^{-0.04 \times 2} \approx 7.69 \%
5×bonus1i=1npi×bonusi×14,500,0006,005,073\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=1e0.04×518.13%bonus_2 = 1 - e^{-0.04 \times 5} \approx 18.13 \%
3×bonus2i=1npi×bonusi×14,500,0008,494,927\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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