Monthly Seasonal Payouts
Monthly Seasonal Cash Payouts
Upshot maintains a Prize Pool Reserved for Everyone who ranks on our Monthly Seasonal Leaderboard
The protocol distributes 100% of it back to Participants:
50% Goes to Top 100 Players
50% Goes to Everyone Else on a Pro-Rata Basis.
There are Two Groups on Upshot Eligible for Monthly Payouts:
Group 1, the Top 100 Players on the Leaderboard.
Group 2, the Pro-rata Pool (Everyone)
Group
Pool Portion
Allocation
Distribution Method
Group 1
Top 100 Pool
50% of Total Prize Pool
Rank-Weighted (top-heavy)
Group 2
Pro-rata Pool
50% of Total Prize Pool
Proportional to Monthly XP (everyone)
Group 1
The Top 100 Players will receive 50% of the Total Prize Pool
An exponential decay formula is applied so the #1 player gets more of the prize than the #100 player.
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rankWeight = 1 / (rank ^ 0.3)
Group 2
Pro-rata Pool (Everyone Else)
All players (including the Top 100) will get a share of the payouts based on
💫
userProRataShare = (userEffectiveXP / totalEffectiveXP) × proRataPool
Example ONLY Calculations and Scenarios:
If there is $10,000 in the total prize pool, and 500 participants
Pool
Amount
Top 100 Pool
$5,000
Pro-rata Pool
$5,000
A Player at Rank #1 (with 10% of total XP) will receive:
Top 100 Pool Payout: ~$275 (5.5% of $5,000)
Pro-rata Pool Payout: ~$500 (10% of $5,000)
Total: ~$775
A Player at Rank #250 (with 0.1% of total XP) will receive:
Top 100 portion: $0 (Because they didn’t rank on the Top 100)
Pro-rata portion: ~$5 (0.1% of $5,000)
Total: ~$5
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