PredictHub Docs
  • Abstract
  • Introduction
    • What is Prediction Market?
    • Info Finance - Tokenizing Real-World Events
    • Why Decentralize Prediction Markets?
    • Market Potential
    • PredictHub: Explained Like I'm 5
    • What Sets PredictHub Apart from the Rest of the Market?
  • Mechanics
    • Central Limit Order Book
    • How does it work?
    • Fees Structure
  • Incentive System
    • Orbit Point
      • Passive Orbit
      • Become a Maker
    • Nova Point
      • For Taker
      • Leaderboard Bonus
    • Multiplier
    • Rewards Protection
  • Referral Program
  • Partnered Market
  • Tokenomic
    • Token Utility
  • Roadmap
  • In The Pipeline
    • URF Market
    • Rolling Position
      • Rolling Forward
      • Rolling Up or Down
      • Rolling Across Markets
    • OTC Market
    • Margin Trading
  • How to use PredictHub
    • Create Your Account
    • Fund Your Wallet
    • How to make your first trade?
    • Using Order Book
    • How to Withdraw?
  • FAQ
    • Where markets come from?
    • Who are you trading with?
    • Are there any country restrictions for users on PredictHub?
    • When do markets close and settle on PredictHub?
    • How Are Market Outcomes Determined on PredictHub?
    • Why Isn’t My Market Suggestion on PredictHub?
    • Why Do I Need Crypto on PredictHub?
  • Restricted Regions and User Eligibility
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  • Weekly
  • Example
  • Share Holding Value
  1. Incentive System
  2. Orbit Point

Passive Orbit

Weekly

To maximize user benefits, PredictHub allocates Orbit Point to accounts maintaining a minimum balance of $100 each week. These Orbit are snapshot and distributed at 00:00 UTC every Monday of the following week.

The total Orbit Point a user receives are calculated using the following formula:

Total Orbit=∑i=17USDC BalanceDay i\text{Total Orbit} = {\sum_{i=1}^{7} \text{USDC Balance}_{\text{Day } i}}Total Orbit=i=1∑7​USDC BalanceDay i​

Example

Assume the user has the following daily balances over 7 days:

  • Day 1: $100

  • Day 2: $150

  • Day 3: $120

  • Day 4: $130

  • Day 5: $110

  • Day 6: $140

  • Day 7: $160

The total balance over 7 days:

Total Balance = 100 + 150 + 120 + 130 + 110 + 140 + 160 = $910

The average daily balance:

Average Balance = 910 / 7 = $130

The total Orbit Point earned over 7 days:

Total Orbit = Average Balance × 7 = 130 × 7 = 910 Orbit

Share Holding Value

For users with active positions on PredictHub, Orbit will be awarded based on their holdings every 7 days. To further reward their engagement, we have decided to double the Orbit they earn, compared to simply maintaining a regular balance. This is our way of recognizing and incentivizing their active participation on the platform.

User Share Holding Value Formula:

Token Balance=(∑k=17(tokenA balance×priceA+…+tokenZ balance×priceZ)7)×multipliers\text{Token Balance} = \left( \frac{\sum_{k=1}^{7} \left( \text{tokenA balance} \times \text{priceA} + \ldots + \text{tokenZ balance} \times \text{priceZ} \right)}{7} \right) \times \text{multipliers}Token Balance=(7∑k=17​(tokenA balance×priceA+…+tokenZ balance×priceZ)​)×multipliers

Assume the user has the following daily holding values over 7 days:

  • Day 1: $50

  • Day 2: $30

  • Day 3: $60

  • Day 4: $40

  • Day 5: $70

  • Day 6: $20

  • Day 7: $80

Calculate the total share holding value over 7 days

Total Share Holding Value = 50 + 30 + 60 + 40 + 70 + 20 + 80 = $350

Calculate the average daily holding value

Average Holding Value = 350 / 7 = $50

Calculate the total Orbit earned over 7 days with a multiplier of 2

Total Orbit = 50 × 7 × 2 = 700

With the given daily share holding values, the user will earn a total of 700 Orbit over the course of a week.

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Last updated 9 months ago

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