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).