RPS Tokenomics
Reward Pools & Treasury
RPS has two supported tokens that can be used for wagers, one native to the ICON network (ICX) and one that governs the Emerald City (CROWN).
As players use these tokens, a certain cut is taken as a platform fee that gets accumulated in the Round Treasury Wallet(RTW). The Reward Pool shown on the leaderboard for the round will be accumulated in the Round Reward Wallet(RRW).
During the start of a round, the RRW gets loaded with a fixed reward amount, which can be any of the supported tokens. As the round continues, Out of fees that get accumulated in RTW, 40% will be allocated to the reward pool during that round, 10% of $CROWN and 10% of $ICX will be converted to the $CROWN which will get staked at Emerald City Bank and rest 50% will be reserved by the RPS Team and the game owner, for future round continuation and growth. Once the round is over, From the RTW, the 50% reserved tokens will be transferred to RPS main treasury wallet, 10% of the tokens will be staked at Emerald City bank and the rewards accumulated during the round will be claimable in the next round, while the RRW resets with a new fixed amount and RTW resets to 0.
Reward Allocation
The reward distribution is real-time, which means you can always see how much reward you have accumulated for that round. The more you play, the more rewards you get. The reward allocation is based on your score weight in the entire pool of all players’ scores. The score is calculated based on the player's max streak reached, respects, profit percentage, and total game won. As these stats are influenced, the reward allocation and the score of the player change as well in the round.
Platform Fees
To sustain the game for many rounds, 10% will be cut from the total waged amount after the result is published. This will facilitate platform growth and support the reward pool and project development.
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