🥇1,000,000 KiX Prize Pool
How the Prize Pool is distributed.
The $KiX Prize Pool is split between two separate areas of achievement:
Generating Trading Profit in the Trade-athon - 90% (900,000 $KiX)
Driving KiX Promotion through Zealy Quests - 10% (100,000 $KiX)
At the end of the $KiX Trade-athon (date to be announced) all portfolios will be analysed for 'AllTime Profit' - being a combination of:
Capital Appreciation - the difference between the 'cost' of the portfolio, and its 'value', plus whatever FreeKiX remains in the cash balance.
Total Winnings - the amount of FreeKiX earned from the bi-weekly Winnings Pool.
The total of the above is the 'AllTime Profit'.
The 'AllTime Profit' of all traders is aggregated into a global figure. Each individual trader 'AllTime Profit' is a small percentage of this global figure. That small percentage is then applied to the total 900,000 $KiX Trading Prize, establishing an individual trader award.
Similarly, at the end of the Trade-athon, all Zealy XP Points earned individually by driving KiX promotion are aggregated into a total, and each individual's percentage of the whole calculated, which is then applied to the total 100,000 $KiX Promotion Prize.
If in either case the percentage is so small as to be below a threshold that is worth distributing (ie dust) then the $KiX redeemed will be re-distributed to other wallets.
Consequently the 1,000,000 $KiX Prize Pool will be evenly and fairly distributed to all qualifying participants.
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