Calculating allocation and estimated gain from Kucoin Burning Drop event

kucoin_burning_drop_calculator.py

import math

full_allocation_size = 1400000
allocated_asset_price_usdt = 0.2
staking_period_days = 20

max_stake_usdt = 3000
max_stake_eth = 1
max_stake_kcs = 270

usdt_pool = 2500000
usdt_pool_coef = 1

eth_pool = 860
eth_price_usdt = 3500
eth_pool_usdt = eth_pool * eth_price_usdt
eth_pool_coef = 1.2

kcs_pool = 305000
kcs_price_usdt = 11.5
kcs_pool_usdt = kcs_pool * kcs_price_usdt
kcs_pool_coef = 1.5


full_pools_size_usdt = usdt_pool * usdt_pool_coef + eth_pool_usdt * eth_pool_coef + kcs_pool_usdt * kcs_pool_coef
print(f"FULL SIZE OF POOLS USDT WITH COEF {full_pools_size_usdt}")
usdt_allocation_part = (usdt_pool * usdt_pool_coef) / full_pools_size_usdt
usdt_stakers = usdt_pool / max_stake_usdt
print(f"USDT part of pool {usdt_allocation_part * 100} %, max stakers {usdt_stakers}")
eth_allocation_part = (eth_pool_usdt * eth_pool_coef) / full_pools_size_usdt
eth_stakers = eth_pool / max_stake_eth
print(f"ETH part of pool {eth_allocation_part * 100} %, max stakers {eth_stakers}")
kcs_allocation_part = (kcs_pool_usdt * kcs_pool_coef) / full_pools_size_usdt
kcs_stakers = kcs_pool / max_stake_kcs
print(f"KCS part of pool {kcs_allocation_part * 100} %, max stakers {kcs_stakers}")

allocation_table = [
    ('USDT', max_stake_usdt, 1, usdt_pool_coef, usdt_stakers),
    ('ETH', max_stake_eth, eth_price_usdt, eth_pool_coef, eth_stakers),
    ('KCS', max_stake_kcs, kcs_price_usdt, kcs_pool_coef, kcs_stakers)
]


allocated_assets_total_price_usdt = full_allocation_size * allocated_asset_price_usdt

print(f"USDT value of Burning Drop assets {allocated_assets_total_price_usdt}")
print(f"For 100 USDT staked at least {allocated_assets_total_price_usdt / full_pools_size_usdt * 100}")


def estimate_allocation(pol_to_burn, symbol, amount_to_stake, price_usdt, coef, stakers):
    staked_usdt = amount_to_stake * price_usdt
    staked_usdt_with_coef = staked_usdt * coef
    eps = pol_to_burn / staked_usdt_with_coef
    acceleratin_coef = 0.18452 * math.atan(60 * eps - 2.08) + 0.207166085
    final_allocation = (acceleratin_coef + 1) * staked_usdt_with_coef
    print("-" * 100)
    print(f"Staked asset {symbol} - {amount_to_stake}")
    print(f"Staked in asset USDT {amount_to_stake * price_usdt}")
    print(f"Acceleration coef {acceleratin_coef} when {pol_to_burn} POL is burnt")
    print(f"Final allocation is {final_allocation} when {pol_to_burn} POL is burnt")
    usdt_gain = final_allocation * allocated_assets_total_price_usdt / full_pools_size_usdt
    daily_apr = usdt_gain / (staking_period_days * staked_usdt) * 100
    print(f"Estimated gain USDT {usdt_gain}, APR for {staking_period_days} days is yearly {daily_apr * 365} %, daily {daily_apr} %")
    print("-" * 100)
    return final_allocation, stakers


estimated_allocations = [estimate_allocation(1, *row) for row in allocation_table]

result = sum([x * y for x, y in estimated_allocations])
print(result / full_pools_size_usdt)