Rewards Distribution Mechanism

Price Shifts Rewards Distribution Mechanism

Rewards are distributed among the top 60% of users who most accurately predict the asset price for the settlement period. These rewards are sourced from the USDZ or $ZEFY tokens of those users who did not make it into the top 60% and thus held losing positions.

Zephyr operates without using pool shares and ensures a provably fair method for distributing rewards to all participants. This fairness extends regardless of the bet size or the number of correct predictions within the pool of winners.

The reward distribution for the “price shifts” algorithm runs as follows:

// Some code

Where:

• $users - the sorted array of users

• $pool_price - rate (grade) of the pool (all users of the current pool pay this rate)

• $num_users - number of users in the pool

• $profit_scale - an array of coefficients for calculating prize money

• $this→MAX_X_REWARD - maximum reward coefficient (now = 2)

• $total_pool_amount - pool reward

• $total_rewards - calculated total reward (should be the same as $total_pool_amount)

• $v - current coefficient

• $r - current reward

• $curr_reward - reward and coefficient for the current user

• $i - used to indicate the space occupied in the pool

• $result - the final array of users

Rewards are swiftly allocated right after the market wraps up. If any disputes or issues arise, users can launch an appeal during the market’s cooldown period.

Despite the automated rewards distribution system's high reliability, unforeseen snags during the settlement phase can disrupt the process. In such rare instances, the affected forecast will be flagged as "Failed," prompting a refund to users, although collected fees are retained. This ensures transparency and trust, maintaining Zephyr’s commitment to fair play in the crypto arena.

Binary Predictions: Rewards Distribution Mechanism

In Web3, binary predictions (YES or NO) streamline the "win or lose" dynamics. Participants on the winning side of the guess split a pool's pot, collecting rewards from those who didn't make the mark. It's a straightforward guess-to-earn game where every correct guess pays off—literally.