🤝Sniper2earn & Advanced Tier Program

Advanced Member Pool and Sniper2Earn Pool

🚧 Disclaimer

Please note: The Advanced Member Pool and Sniper2Earn Pool features are currently under development and have not been released yet. This documentation provides an overview of the planned functionality. More details will be added as development progresses.

Advanced Member Pool

Overview

The Advanced Member Pool is a reward system designed to incentivize users who hold and lock DCE tokens with the bot. This pool distributes a portion of the collected trading fees among Advanced Members proportionally based on their DCE token holdings.

How It Works

  1. Eligibility: Users must be Advanced Members and hold DCE tokens locked with the bot.

  2. Fee Allocation: 25% of the collected trading fees are allocated to the Advanced Member Pool.

  3. Distribution Calculation:

    • The system queries Advanced Members, their wallet addresses, and their DCE balance at the time of each trade.

    • Rewards are distributed proportionally based on each member's DCE token holdings relative to the total DCE tokens held by all Advanced Members.

Example Distribution

Let's say there is $1000 in the Advanced Member Pool and there are 1000 DCE tokens held by Advanced Members in total:

  1. User A holds 500 tokens (50% of the pool)

    • User A receives $500

  2. User B holds 400 tokens (40% of the pool)

    • User B receives $400

  3. User C holds 100 tokens (10% of the pool)

    • User C receives $100

Important Notes

  • A minimum payout threshold will be set to avoid high fees for sending small rewards.

  • Rewards are calculated based on DCE token holdings at the time of each trade.

  • The system will integrate on-chain queries to verify token holdings accurately.

Sniper2Earn Pool

Overview

The Sniper2Earn Pool is designed to reward the most active traders on the platform. This program tracks trading activity and distributes rewards based on users' trading volumes and frequencies.

How It Works

  1. Tracking: The system continuously tracks the trading activity of all users.

  2. Ranking: Users are ranked based on their trading activity over a weekly period.

  3. Reward Calculation: Rewards are calculated based on each user's ranking and their proportion of total trading activity.

  4. Distribution: Rewards are distributed to the top traders at the end of each weekly period.

Planned Features

  • Algorithm to track and rank the most active traders based on volume and frequency of trades.

  • Weekly leaderboard to showcase top traders.

  • Proportional distribution of the Sniper2Earn Pool among top-ranked traders.

Technical Implementation (In Progress)

Advanced Member Pool

  • Develop algorithms to query Advanced Members, their wallet addresses, and DCE balances.

  • Implement logic to calculate fee distribution based on token holdings.

  • Design database structures to log amounts collected for Advanced Members.

Sniper2Earn Pool

  • Develop algorithms to track and rank trader activity.

  • Implement logic to calculate rewards based on trading activity.

  • Design database structures to log amounts collected for Sniper2Earn members.

Conclusion

The Advanced Member Pool and Sniper2Earn Pool are exciting features designed to reward loyal token holders and active traders. These programs aim to create a more engaging and rewarding experience for users of the Decentra Sniper Bot.

Stay tuned for updates as we continue to develop and refine these features. We appreciate your patience and look forward to bringing these rewards programs to our community!

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