# 6. Pirichain Reward Distribution

Working according to the dPoS reward distribution center, Pirichain is eligible to receive rewards when representatives freeze at least 1 million PIRI coins from delegates. The reward per block is 10 PIRI. The first 7 representatives with the most coins frozen will receive a prize. Delegates are given daily prizes.

### Block Opening Reward

20% of the daily total block gain is burned. 20% of the remaining prize is given to the representatives. The remainder is distributed to the delegates, taking into account the following formula.

### Deputy (Representer) Reward

$$
W\_c \Rightarrow Number\ of\ Produced\ Blocks \ \\
W\_c = 6\times 60 \times 24 \times \Rightarrow 8640 \ \\
K\_i \Rightarrow Reward\ on\ each\ block\ (10\ PIRI) \ \\
Daily\ Reward \Rightarrow \sum\_{n= 1}^{W\_c}\frac{K\_n\times Q\times 16}{100}
$$

### Delegation Reward

$$
Delegation\ Max\ (Daily)=\frac{1}{365}\times\frac{1}{1000}\times Frozen\ Amount\\
Daily\ Total\ Max\ Reward = W\_{c} \times 10 \Rightarrow 86.400\ PIRI\\
Delegation\ Daily\ Reward= \frac{K\_{i} \times Q \times 0.64}{7}\\
$$

$$
f(x)=\begin{Bmatrix}
DelegationMaxDaily,\&DelegationMaxDaily\<DelegationDailyReward \\
DelegationDailyReward,\&DelegationMaxDaily\geq DelegationDailyReward
\end{Bmatrix}
$$


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