Rewards

Owning a Pampered Panda gives you various rewards...

We aim to incentivize holding rewarding our holders through staking and royalties.

I. The staking rewards are calculated as such:

$$R_\alpha= \frac{N*\gamma}{\textstyle\sum_{i=1}^nP_1...P_n}$$

Where:

• $R_\alpha$ = Allocation of staking returns in %

• $N$ = Amount of Pampered Pandas staked

• $\gamma$ = Rarity multiplier

• $\textstyle\sum_{i=1}^n P_1...P_n$ = The total sum of all staked Pampered Pandas times their respective rarity multiplier

We can define $R_\alpha$ as a function of the multiplier with the total staking rewards (S) and duration in days (D), which gives us the received stakings rewards($\psi$):

$$\psi = R_\alpha *S*D$$

II. The royalties are calculated through the following formula:

$$\omega = \frac{\nu*\gamma}{\textstyle\sum_{i=1}^nM_1...M_n}$$

Where:

• $\omega$= Allocation of royalties in %

• $\nu$= Amount of Pampered Pandas owned

• $\gamma$ = Rarity Multiplier

• $\textstyle\sum_{i=1}^nM_1...M_n$ = The total sum of all minted Pampered Pandas times their respective rarity multiplier

We can define $\omega$ as a function of the multiplier with the total royalties (C), which gives us the received royalties ($\rho$):

$$\rho = C*\omega$$