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Bilal Ayvazoğlu
@bilalayvazoglu
There is a lot of misinformation in the community about the Season 2 rewards, so let me clarify some of the incorrect criticisms. Many users, myself included, expected to receive more tokens based on some estimations that were purely hypothetical. Although the formula was somewhat complex, it was publicly available from the beginning. In summary, 200 million tokens were allocated for the reward pool. The multiplier, determined by the average amount of $SOCIAL tokens held by each user, was applied to the Phaver points they chose to burn and added to the total pool. Once all users joined the pool by the 11th of the month, the calculations began. Out of the 200 million tokens, 20% of the average SOCIAL amount held by the users was set aside as a guaranteed allocation. The remaining tokens were then distributed among users based on the previously mentioned calculation.
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Bilal Ayvazoğlu
@bilalayvazoglu
For instance, if your guaranteed allocation was 30,000 tokens and you were eligible for 50,000 tokens as a result of the calculation, you would receive a total of 50,000 tokens (not 50,000 plus 30,000). However, if the result of the calculation entitled you to only 20,000 tokens (less than your guaranteed allocation), you would still receive 30,000 tokens due to the guaranteed allocation. One of the most common misunderstandings among users is that when the total pool is too large, you may only receive your guaranteed allocation even after burning points. This happens because the pool's size results in a calculation that entitles you to fewer tokens than your guaranteed amount. If another user receives more tokens than you, it means their (burned points * multiplier) result is higher than you (not counting the extra 25% gained from staking).
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Bilal Ayvazoğlu
@bilalayvazoglu
If more tokens were distributed to you, then users with better statistics would also need to receive more, exceeding the 200 million token limit. This is precisely why the distribution follows a specific formula. You may say that it did not meet your expectations, but claiming it was an unfair distribution would be incorrect. Phaver might not disclose all the data related to the distribution, and we typically neither know nor question the details of the airdrop distributions of most projects. Therefore, I do not hold Phaver accountable for this. I appreciate the smooth and timely distribution.
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