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Php Points Reports For July 2014 - Final Update 3


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#21 Colaro

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Posted 03 August 2014 - 02:36 PM

From forum rules :

 

At the end of the month, the funds available in our money pool are distributed :

  • 25% of the money pool is kept for the administrators, moderators and forum advertising
  • 75% of the money pool is distributed among eligible members (members who have at least the required number of points)
  • Share for Administrators, moderators and forum advertising : $460 * 25% = $115
  • Share for eligible members : $460 * 75% = $345

From forum rules :

 

The money which is distributed to eligible members are also divided into two parts :

  • 50% of funds are allocated for the fixed rewards part
  • 25% of funds are allocated for the variable rewards part
  • Fixed rewards part for eligible members : $460 * 50% = $230
  • Variable rewards part for eligible members : $460 * 25% = $115


#22 Colaro

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Posted 03 August 2014 - 02:39 PM

Each eligible member will get paid a fixed part :

$230 / 5 eligible members = $46



#23 Colaro

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Posted 03 August 2014 - 02:46 PM

The variable part depends on number of points.

Eligible members have accumulated a total of 1980 points which will be valued $115

 

Example :

Limepower has 370 points.

(370 points * $115 ) / 1980 points = around $21.48 to be paid as variable part

Finally Limepower will get paid : $46 (fixed part) + $21.48 (variable part) around $67.49


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#24 Colaro

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Posted 03 August 2014 - 03:13 PM

cash_zps275e3ef9.png



#25 Colaro

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Posted 03 August 2014 - 03:17 PM

Eligible members can now request their payouts by following usual procedure, thanks for your contribution  :D

 

Sandwraith will have additionnal amount as promised.



#26 Colaro

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Posted 06 August 2014 - 01:00 AM

All eligible members have now been paid  :)