How Challenges Work on Fitmint?

Created by Anuj Verma, Modified on Sat, 22 Jul, 2023 at 12:13 AM by Anuj Verma

Participating in FITT Challenges is an ultimate way of getting fitter and earning FITT tokens for your effort.

1. Fitminters participate in challenges of their choice by using FITT

As more and more people participate in a particular challenge, current prize pool increases.

2. As and when a participant progresses on challenge goal, they get back FITT

When a participant makes progress in a challenge goal by doing an activity on fitmint app (walk or run), They get a percentage of entry fee credited back to in-game balance.

This percentage is calculated as follows-
Delta%= %goal completed after ending an activity - %goal completed before an activity

FITT credited = Delta% of entry fee

3. Participants get back 100% entry fee on challenge completion

Participants who complete 100% of Challenge goal before challenge ends, get back 100% entry fee.

4. Additional FITT is distributed from remaining prize pool when challenge ends

Once a challenge has ended for all participants (in all timezones), Additional FITT rewards are calculated & distributed. logic of additional FITT amount calculations is described here