Update 29 August, 2024

Metoo…12charachters

Yes but Wave 1 has fewer people than Wave 2, so the rewards pool is larger per person.

Edit: Also I think the math is wrong. Wave 1 does get a double when Wave 2 joins and an extra 25% for Wave 3. Wave 2 doesn’t get the first double and only gets a 50% increase for Wave 3.

Wave 1: 250K * 2 * 1.25 = 625K
Wave 2: 250K * 1.5 = 375K

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since I cant figure out what is up or down with all this reward BS

what will 100 tokens from wave one be worth after all the black magic happens ?

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1 token = 1 token, I think thats the saying.
And stack nanos, and never sell your ANT.

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I’m pretty sure my math is correct - but am out of this slightly heated discussion… Maidsafe can do whatever they want - and I’m okay with what they think is right in this matter :wink: just had the feeling there was a glitch in the reasoning behind that 25/50% decision @JimCollinson @Bux … Didn’t expect such a reaction =D

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I think everyone knows you are sincere in your post. I must admit that I had no idea wave 2 started at 500k. I thought each wave started at 250k and doubled from there.

That makes no sense to me but also don’t really care.

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just want to point out that being #20th for wave1 (out of 175?) is not the same as being #20th for wave2 (out of 825). For someone to be top20 in wave2 it must be running a lot of nodes and/or bringing new people in compared to all the other 824 partitipants.

:wink: while wave 1 people are nuts and if you look at the earned nanos (before jackpots were a thing)… e.g. 9th August I was 6th in wave 1 (reward ~400) and would have been 1st (ignoring the referrals bonus of @mccnex) in wave 2 (reward ~1k)

It’s way harder to be in the top ranks of wave 1 than it is in wave 2 :wink:
(and yes - even when considering the referral bonus of @mccnex I would then have been place two and gotten a reward of 900 which would have been more than my reward on wave 1 even after considering the x2 multiplier…my rewards for beta would be higher if I was in wave 2 and not in wave 1 running the same node count… And since wave 2 just runs for 10 weeks and wave 1 for 12 weeks my cost would be lower in wave 2 too… )

… The whole thing needs some explanation I think xD

got to look after the OG’s just which OG’s is the question :wink:

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AIUI 100 reward tokens as shown on the weekly board will be worth 100 * 2 * 1.25 so 250.

At coingecko prices thats £36ish

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This is wrong
Its

  • Wave 1: 250K * 2 * 1.25
  • Wave 2: 250K * 1.25

Wave 2 never got a double since the doubling for wave 2 was only coming after wave 3 filled. But now since wave 3 is 1/2 the size they get 50% rather than 100% increase

Yes you are correct and beat me to explaining

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Then why can wave 2 get close to 2x higher rewards than wave 1 if they did not start with 500k. Look at the leaderboard for wave 2 and compare with wave 1. They can’t have started with 250.

It should be impossible for them to get more then wave 1 if wave 1 pool is 500k with 200 node runners and if wave 2 was 250k with almost 800. Also I know wave 1 doubling of rewards don’t show and gets added post Beta is done.

20th position wave 1 get 222
20th position wave 2 get 373

The leaderboard lists are just the 250K values.

The team has said a few times in the past that the doubling is only applied after the program is finished and the rewards given out at/after launch

Remember wave 1 is 250K/12 per week
and wave 2 is 250K/10 per week

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20th place wave 1 = 222
20th place wave 2 = 373

How is that possible?

12/10 = 1.2
1.2 x 222 = 266

Also there are 4 times more people in wave 2, so that should give them a lot lower rewards if they started at 250k.

Well add it all up, the distribution proportions is obviously different as well.

All I know is that wave one is over 12 weeks and wave 2 is over 10 weeks and the total rewards for the full time is 250K for each and any multipliers applied afterwards

If you have a problem with what @JimCollinson has said then take it up with him.

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The leaderboard must be very wrong if what you claim is correct. The numbers don’t make sense.

It would be good if you can show how wave 2 can make so much more of they started on 250k with 4 times more participants.

You didn’t add it up LOL - look at the actual number of people in wave 2 who got ANY rewards

Do the research first before complaining

Then complain to @JimCollinson

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What you mean, “lol” tells me nothing

do some work then - you are the one complaining its wrong, yet do not have the figures to back it up

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Why should I do all work, it is your claims that don’t make sense, come on.