After the battle
Valtrums rewards and fees: who gets what after a battle
How Valtrums splits each losing community's deposit: 99.9% to the winners by stake, 0.05% to the creator and 0.05% to the protocol, with examples.
When a Valtrums battle ends, every losing community's deposit is shared among the backers of the winning community. You receive the original tokens the losers deposited. Nothing is swapped into another token or into dollars, so if you win against two communities you receive two different tokens.
The split
For each losing community's deposit, at the default settings:
| Who | User-created battle | Protocol-created battle |
|---|---|---|
| Backers of the winning community, together | 99.9% | 99.9% |
| Battle creator | 0.05% | Nothing extra |
| Protocol | 0.05% | 0.1% |
The winners' 99.9% is shared by deposit size: if you put in 60% of the winning community's tokens, you get 60% of the winners' share of every losing deposit.
Try it with your own numbers:
Worked example
Alice deposits 600 A and Bob deposits 400 A. Community A wins against B, which holds 100,000 B.
| Alice | Bob | Creator | Protocol | Total |
|---|---|---|---|---|
| 59,940 B | 39,960 B | 50 B | 50 B | 100,000 B |
The 1,000 A that Alice and Bob deposited go to the winners' vote, not to the prize pool.
With three communities, each losing deposit is split on its own. If A wins with Alice holding 25% and Bob 75%, and B held 100,000 B and C held 200,000 C:
| Who | B | C |
|---|---|---|
| Alice | 24,975 | 49,950 |
| Bob | 74,925 | 149,850 |
| Creator | 50 | 100 |
| Protocol | 50 | 100 |
Things to know
- Only losing deposits pay fees. Nothing is charged on the winning community's own deposit.
- The creator fee doesn't depend on winning. A creator whose community loses still earns the creator fee, but loses their deposit.
- Settings are fixed at creation. The fee (0.1% by default, at most 10%) and the creator's share of it (50% by default) are stored when the battle is created. Later changes only affect new battles.
- Every unit is accounted for. The total fee is rounded down. Leftover units from rounding go to the winners with the largest remainders, so the parts always add up to the full deposit. Very small deposits (under 1,000 of the token's smallest unit) pay no fee.
- A prize is not a payment yet. After settlement, your prize is recorded as something you are entitled to. You still claim it. See Claim your rewards.