📎Examples

Overall, setting appropriate parameters is crucial to attract more participants. This way, creators can earn transaction fees. An unreasonable feast cannot generate a stable wealth effect, leading to disinterest among potential participants and no profits for the creators.

Normal cases

In a feast with a 50% soup rate, a 40% meat rate, and a 10% leftover rate, the round concludes with a total of 1 ETH and 51 participants. The last winner will receive 0.4 ETH as their meat, while the remaining 50 participants will share the soup (0.5 ETH), equating to 0.01 ETH per person. The 0.1 ETH leftover will serve as the initial food for the next round.

Singular cases (Not recommended)

Case 1 : Price rate is large than meat rate.

Outcome: Even those who win the grand prize end up losing money, which diminishes the incentive for people to participate.

Rule: The price rate should be less than the meat rate.

Case 2 : Leftover is too high.

Outcome:An excessively high leftover rate reduces participants' earnings, potentially pushing them below the break-even point. People are unlikely to engage in a feast where they cannot make a profit.