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Fairness
How Titano P.L.A.Y. ensure fairness.
When users play a game they want it to be fair. Everyone who has contributed to furnish interest to the prizes must be eligible to win, and the prizes need the users' contribution to grow. Interest builds up over time, therefore Titano protocol needs to measure and enforce the time that funds are held. Without this mechanism, it would be very easy to game the system by depositing right before a prize, having a chance to win, and withdrawing right after.
P.L.A.Y. measures the duration of time funds are held by accruing days for each user, and it enforces the holding of the funds by setting a scalable and decreasing early exit fee. Once the early exit fee cycle (16 days) is completed, a user can withdraw the funds instantly with no loss. If the cycle has not been completed, the user can still withdraw, but will pay an early exit fee which contributes to the prize.
Early Exit Fee Cycle Duration: 16 Days.
Early Exit Fee = initially 30%, which decreases by 1.87% every day until it reaches 0% at the end of the 16 days cycle.
Last modified 13d ago
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