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Team Of The Month
1st of the Month 12:00 AM - Last Day of the Month 11.45PM
The Team of the month wallet will pay out between 5%-15% of its total balance for each reward payout. Team of the month is selected and prizes are allocated between 11.30PM and Midnight on the last day of the month, the payments are made on the following Tuesday.
What is Team of the Month?
Each month, the best performing players are selected to win Team of the Month rewards which are made up of the following:
- 1 x Goalkeeper
- 3 x Defenders
- 4 x Midfielders
- 3 x Attackers
Team Of The Month
How is Team of the Month selected?
Each month, the 11 best performing players (1 x Goalkeeper, 3 x Defenders, 4 x Midfielders, 3 x Attackers) make up team of the month.
The highest scores are calculated for each position within the month which starts on the first day of the month and ends on the last.
The players score is calculated by adding together all of a players scores within the month.
Team of the Month rewards are paid out the on the first Tuesday of each month.
How many rewards will be paid?
The total reward payout is split evenly across all 11 winning players. For example, if the reward payout for Team of the Month is $11,000, this amount will be split equally among the 11 winning players comprising the team. Therefore, each player making the Team of the Month will earn $1,000 for its holders.
After the reward amount has been split among eligible players, the payout per stock is calculated by dividing the total payout for the player by the number of total stocks on the platform. For example, if there are 1,000 stocks on the platform for one of the winning players and the player's total payout is $1,000, each stock will earn $1. If you held 10 of the stocks in your portfolio, you would receive $10 in reward payouts.
When are Team of the Month rewards paid?
The first Tuesday of the month.
What rewards are my stocks eligible for?
Your stocks are eligible for team of the Month rewards until you sell them - there is no expiry date.