Bonus share

Bonus Share determines how much of the Bonus Pool each winning bet receives, based on stake size and timing:

$$\text{BonusShare}_i = \frac{w_i}{\sum_j w_j} \quad \text{where} \quad w_i = s_i \cdot e^{-\lambda (T - t_i)}$$

Where:

• sᵢ is stake of winning bet

• tᵢ is time the bet was placed

• T is current time (when payout is triggered)

• wⱼ is time-decayed weight of bet

• λ is the decay rate, with initial constant set to 1/48 for a 2-day half-life

The mechanism distributes reserve rewards to winning traders in a continuous, stake-weighted, and sustainable manner. It also ensuring the reserve remains above a safe target level.