How Player's Real-Performance is linked to APYs

As mentioned in Section “Initial Star offering”, the initial number of tokens launched in the liquidity pool will be decided based on ISO purchase and NFT Purchase

Post that, based on the player’s performance, a scoring system (will be shared once the test net is launched, due to patent protection reasons) will be calculated for each player and the basis that tokens will be minted.

Please note that there is no maximum cap for a player's token but at the same time the supply is not infinite. It’s purely based on the player's career longevity and performance. A player can be in prime form for many years or only for a few matches.

Just to give an example, Say for Cricket, different scoring systems will be made for ODIs, Test matches and T20s. Scoring will be given to exhaustive factors like if he is in playing 11, man of the match, runs scored, strike rate, wickets taken, bowlers economy, dismissals like catches, runouts, etc.

As mentioned in Section ``Stake PLAYER –FANC LP Token”, users have an optional feature to provide liquidity to a particular PLAYER-FANC pool and can stake the LP token.

Also as mentioned in Section “PLAYER'S NFT”, the NFT owner of a particular player will enjoy the benefit of getting the player’s tokens APY

The above said minted tokens will be distributed to PLAYER-FANC LP stakers and NFT Owner as below

Let’s say, based on the Player’s performance, 40,000 tokens are minted for a month. Out of 40,000, 10 % = 4000 tokens will be transferred to the NFT owner. The remaining 90% will be proportionately distributed to LP Stakers taking a snapshot on daily closing (GMT) if you have staked in LP during the day closing you will be counted for that day. Say if you had staked for 5 days, 1 % of Overall pool for 4 days and 2% of the overall pool for 1 day. You will be rewarded 72 Player tokens for the month (90% of 40,000 = 36,000; if the month has 30 days, then 1200 tokens per day; 1% for 4 days is 12x4 =48 and 2% for 1 day is 24x1 = 24; so you will be rewarded total of 72 tokens)

The Payout of APY will be monthly.

We believe that this will influence the users to BUY/HODL players with great future career potential thus leveraging your sports knowledge to earn more tokens (Money) or make more profits

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