How it Works
The Avatr Platform Coefficient (APC) is the core of Avatr and is the key metric used to distribute rewards to participants.
The APC of every participant (Employee and Employer) is calculated at the end of calculation period (currently running weekly) from a number of factors, including:
- Hours worked: the total number of hours work engaged through the Avatr DApp.
- Job ratings history: review ratings on completed Smart Jobs.
- FNTs sold: the number of FNFTs sold.
- Job referrals: number of job referrals made.
This means that at the end of each calculation period every participant will have an updated score out of 100 - their Personal APC!
The entire Avatr community then has their Personal APC added up to create the Global Period APC.
The inflows to Avatr during the calculation period (from Employer subscriptions) are than added up to calculate the total inflow (in TLNT) to the platform for the calculation period.
A small amount of the total TLNT inflow to Avatr is then reserved for platform operating costs and the rest is distributed to participants.
The distribution formula is very simple.
We take the total inflow and divide it by the Global Period APC to get the Period APC Reward per APC.
Every participant is then allocated their share of the Global Period APC by simply multiplying their current Personal APC by the Period APC Reward.
This might sound complicated (and it is behind the scenes) but from a participant perspective it's pretty simple.
The reward you receive is driven by how high your Personal APC is and how much TLNT flowed into Avatr during the calculation period. That's all there is to it.
FNFT Distribution
A percentage of a participant's APC-driven rewards is distributed to the holders of the participant's FNFTs.
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