Reward Pool System
The reward pool in Mahjong Meta is designed for all community players. The approach applied tries to maintain a sustainable and evergreen token distribution system that adapts the game's performance and the available liquidity, ensuring fairness for all stage players.
Reward Pools:
#1 MJM Pool (After TGE)
The fund of MJM reward pool are origined from:
Total Token portion for community of MJM, which is 50%, 500 million out fo 1 billion
MJM Tax from NFT Market (trading of Fashion, Furnishings and others to be included)
% of Repurchasing by MJU Pool
On weekly basis, token will be released from the MJM pool, and being provided as active rewards. Formula for Token weekly releasing:
Token release per week (t) = P * Pool_Balance(t-1) * e^(-B * t)
where
P = fixed percentage of the remaining pool balance
B = decay rate
Pool_Balance(t) = Pool_Balance(t-1) - Token release per week (t) + Replenished_Tokens(t)
The first equation calculates the number of tokens to be released during week t, while the second equation updates the pool balance for week t by considering the previous week's balance, the token release, and the reinjections.
This approach offers several benefits:
It ensures a sustainable token distribution by applying an exponential decay factor, gradually reducing the release rate over time.
It adapts to the game's performance and available liquidity by considering the reinjections from repurchases and service fees.
It helps maintain fairness for all stage players, as the token release rate is influenced by the remaining pool balance and the reinjections.
| Usage | % | Description | Distribute |
|---|---|---|---|
Active Rewards | 60% | 60% of weekly released token will be provided as active rewards. | Weekly |
Tournaments Rewards | 15% | 15% of weekly released token will be injected to Tournaments rewards pool for weekly, monthly and special tournaments. | Accordingly |
Seasonal Prizes | 25% | Ranking & Tama Master Reward reserves | Seasonally |
*Before the TGE of MJM, the rewards issuing in game (for 1st season now) will be determined by the overall budget, growth needs and population size.
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