Abstract
As a potential Depositor I want to easily calculate my odds of winning the 1st, 2nd, 3rd, etc... prize tiers using a mock deposit sizes.
Problem
PoolTogether Depositors and Advocates want a simple tool to calculate odds.
"If I have deposited 10K and I already have 1:1 odds of a getting a daily prize, why should I deposit any more USDC?”
The v4-utils-js
module does not include a simple computation method for calculating the odds of winning a specific prize tier.
Rationale
If a computePrizeTierOdds
method is added to the v4-utils-js
module additional Marketing/Growth tooling can be unlocked. For example the “Code : Savings Calculator” would benefit from having a detailed breakdown of the Odds using the current PrizeDistribution
parameters.
A savings calculator for PoolTogether. Project depositing X amount monthly over Y years with Z prize distribution, user should have A in their PoolTogether account.
Deliverables
- Update the
v4-utils-js
module to includecomputePrizeTierOdds
method.