Let's analyze the COLONY staking factor.
Players who get interested in the Moonkart's Game or the investor who started looking at the COLONY tokenomic, start staking the COLONY token. The most common question that users ask that what rewards do they get for staking the COLONY tokens? What is the APR of staking the COLONY tokens? It is a little surprising and may be fully disheartening for the investor mindset that staking COLONY has 0 APR or zero rewards, but for the players, staking COLONY give them "reward multiplier" in the game. Amount of COLONY tokens stake decides their rewards in the game.
One of the observations is that the staking factor is always less than 20, so it looks like the algorithm limits the value to less than 20. I have witnessed
the staking factor to 19.9 but never 20. Another interesting factor is that the staking factor automatically reduces with an increase in the rankings or points.
For example. if your rating points are 1000, the staking factor comes as 19.5 but at the rating points of 1300, it automatically reduces to 18.5. (Atleast for my case.)
If I see, at positions 11 and 12, the staking factor is 18.5. Let see at position 12, 18.5 staking factor, with 89957 Orbital points, Rewards are 1012 COLONY. So it means 1 orbital point earn 1012/89957 COLONY.
If I extrapolate for 94640 Orbital points, it will come as (1012/89957)*94640 COLONY = 1064.68 COLONY. This calculation is close to the number 1063, which is the actual COLONY rewards for me. May be "Leaderboard" is showing only 1 decimal place but actually in game there might be more decimal places.
Also Note that these calculations are not absolutes, as they change if someone
races and earn orbitals as the orbital reward pool is fixed, and the sum of all orbital points will yield the "fixed" number of Orbitals in the reward pool.
Then I staked 10000 COLONY, and my modifier changed from 18.5 to 18.6, so it look like 10K COLONY helped me to increase the modifier by .1. But this is also not that linear because my overall COLONY stake is 145K and this will make my modifier 14.5 only. So I assume this number is somewhat fixed to a number or constant value for a 0 COLONY stake.
In my case, an increase of stake by 10K , increased modifier by .1 and absolute COLONY reward by 5 COLONY.
I tried to find the documentation for it but did not find any. Above calculations are just gross estimates on my part and should not be considered as authentic to do any other calcuation. Since I have not found any documentation, so tried to understand the concept by playing with numbers.
I hope you enjoyed the post! If you'd like to read more of my Moonkart's updates, feel free to check out the links below.
My other Publications in Moonkarts
ArcadeColony Moonkart's: Moonkarts Season 28 Recap: Rewards, Fuel Strategy & P2E Insights.
ArcadeColony: Moonkart Season 26 Recap: Increased Effort, Higher Rewards, and a Growing Community.
Arcadecolony: I invite you to play MoonKarts.
Getting More COLONY in Airdrop
Arcade Colony: Steps to buy credits, and completed my purchase using credits to scoop a cheap card.
It is time to accumulate SPS,GLX and COLONY.
Moonkarts: Having a FUEL market will enhance the player activity.
Arcade colony: Passive ways to earn.
Moonkarts: Gameplay looks fantastic.
Step-by-Step Guide: How to use Market in Arcade Colony's Moonkarts.
Arcade Colony: Step by step process to generate FUEL in Moonkarts
Moonkarts: Let burn FUEL and rule the COLONY.
Arcade Colony: My thoughts on buying more SCRIPT token.
Moonkarts: Let's get the excitement of pack opening with me.
Arcade Colony: Progressing in the Game Leaderboards and witnessing market appreciation of my assets.
Need to know more?
If you like to know more about the game then you can read the official Help guide in the below link.
https://support.arcadecolony.com/hc/en-us/categories/23984105765140-Moonkarts-MK
In case you need to talk to the fellow players and like to interact with the game developers or like to further deep dive into the game, then I will say you will surely check the Game Discord
Need Support in the Game.
If help articles and hanging out in discord did not help you in resolving your query and issue then feel free to log the official Support Ticket