JustBet Revised White Paper

Search…

The Mining formula (mathematical version)

The basis of the mining formula consists of the following calculation:JustBet WINR revised mining formula using Chainlink Price Feeds on Polygon network

JustBet WINR revised mining formula using Chainlink Price Feeds on Polygon network

Where the variables above are defined as:
Y1 = Min Notional WINR
Y2 = Max Notional WINR
X = Min Bet (in USD)
X1 = Bet Amount (USD) (uses the Chainlink Price Feed Oracle)
X2 = Max Bet (in USD)

Note: X1 (Bet Amount) is a deterministic variable calculated during each gameplay using the Chainlink Price Feed oracle to determine the USD price based upon the amount played in other currencies (wBTC, ETH, Matic).

Copy link