Can anyone explain Binance's GAS calculation.
What I don't get is "A hold NEO for three days which have 30, 300 and 60 respectively", why not just say "A holds 390", what is the significance of the 30,300,60 seperation ?
..and what is "Assume that the total distribution number of GAS is 1000 in this month" . Is the GAS distribution dependant on how much the total amount of NEO is held on Binance ?
I thought that GAS distribution is only dependant on how much NEO you personally own, not how much there is on the exchange.
From the Binance help page:
"3. Demonstration of the Rule
User A is in the scope of statistics, and A hold NEO for three days which have 30, 300 and 60 respectively. Therefore, the sum of daily NEO position is 390.
Assume that the total distribution number of GAS is 1000 in this month, and sum of daily position number for all NEO users is 600000;
Thus, the actual distribution number of user A = 1000*390/600000=0.65"
Full details here.
https://support.binance.com/hc/en-us/articles/115000721311