Post Stacks Offering App Mining Payout

#1

Let’s try this again with corrected numbers. This all comes from the circular. The App Mining program will reduce the reward share from 20% to 3% for the first three months, with the following points:

  • First 3 months, aggregate payout remains $100,000
  • First 3 months, top-10 apps get a $1,000 bonus
  • Second 3 months, aggregate payout is $500,000.
  • Second 3 months, top-10 apps get a $5,000 bonus.
  • Second 3 months, reward percentage goes up to 5%.
  • Third 3 months, aggregate payout goes up to $700,000.
  • Third 3 months, top-10 apps get a bonus of $7,000
  • Third 3 months, reward percentage goes down to 4%
  • Final aggregate payout will be $1mil.
  • During the $1mil payout period, top-10 apps get a bonus of $10,000
  • During $1mill aggregate period, reward percentage is back to 3%

Here’s a spreadsheet that breaks this all down better:

https://docs.google.com/spreadsheets/d/1RrJ8DeqrpfLadzmTkH5nj9N7x4vTNXztdJpocRpx6V4/edit?usp=sharing.

@gina and @hank let me know if I missed anything or misread the circular (which is possible considering my first attempt at this post included incorrect numbers).

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#2

Updated the post and spreadsheet to reflect the variable reward percentage from the circular.

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