📊Conservative pool accounting

This page describes the distribution of revenues in conservative staking that happens during the accounting window

Overview:

Conservative staking on Betfin allows users to lock BET tokens in a secure, predictable environment, earning returns through platform fees and game profits.

Key Features:

  • Fixed Duration: Each staking pool operates on an 80-week cycle, starting from the pool's creation date.

  • Predictable Returns: Users earn staking rewards based on the performance of Betfin's conservative games.

  • Pool Structure: Tokens are divided into pools, each pool can hold up to 100 stakes. When a pool is full, a new pool is automatically created.

How It Works:

Staking Pools:

  • Pools are created upon user demand and filled sequentially. Each pool starts a new 80-week cycle from its creation date.

  • The purpose of the conservative pool is that payout is being distributed among the pools instead of directly to the staking contracts and that is what gives the platform higher scalability.

  • There is not any difference of which pool is your stake (each 1 BET in 1 cycle generates the same payout without a difference in which pool it was staked)

  • Each pool is being owned by the conservative staking contract which governs the profit distribution

Reward Distribution:

  • Non-negative Returns: The yield can be either zero or positive, never negative.

  • Profit Allocation: Profits from conservative games are allocated to pools first. These pools then distribute the profits among individual stakes proportionally.

Calculation Window: This process occurs during the calculation window, a specific period at the end of each cycle when the pool's performance is evaluated, and rewards are calculated and distributed.

End of Cycle:

  • At the end of 80 weeks, users must decide to either restake their tokens for another cycle or unstake to withdraw their tokens.

  • Users need to claim their rewards regularly during the staking period to maximize their earnings.

Benefits:

  • No Token Loss: Staked tokens remain safe and are returned after the staking period.

  • Transparency: All transactions and pool activities are recorded on the blockchain, ensuring transparency.

  • Earnings from Fees: Users earn a share of the platform's fees, providing a steady income stream.

Conclusion:

Conservative staking offers a low-risk way to earn predictable returns by participating in the Betfin ecosystem. By understanding the pool structure and the importance of regular claims, users can maximize their staking rewards.

Last updated