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Public account subscriptions
Public account subscriptions
This section contains a table with information about subscriptions to public accounts:
The table includes the following information about subscriptions to public accounts:
| Name | Description |
|---|---|
| ID | Subscription identifier in the system |
| Status | Current status of the subscription |
| Client account | Identifier of the client account in the system |
| Public account | Identifier of the client account in the system used as a public account |
| Multiplier | The ratio of total assets value of the subscribed account (or transfer amount when opening a new account in a casual app) to the recommended deposit of the public account |
| Create date | public account subscription start date |
| Close date | date of end of the subscription |
In the table, filters are available for Client account, Status, Close date of subscription, Subscription ID (subscription ID) and Public account ID.
An active subscription can be paused by clicking the Pause button opposite the subscription in the table. A paused subscription can be re-activated by clicking the Resume button.
Subscription Multiplier Calculation
The amount of funds used for subscribing to an account is calculated as follows:
- If the subscription is made when creating a new account, the available balance on that account is used.
- If the subscription is made using an existing account, the system performs the following steps:
- Balance Check: If the total balance of assets is less than the minimum subscription amount, the message "Not enough money" is displayed.
- Subscription Amount Calculation:
- The minimum subscription amount is subtracted from the
Total Assets. - The result is divided by the subscription step and rounded down to the nearest whole number.
- The resulting value is multiplied by the subscription step and added to the minimum subscription amount.
- Multiplier Calculation: The final subscription amount (in the account's balance currency) is divided by the recommended subscription amount.
- If the subscription is made using an existing account, the system performs the following steps:
Example: Subscriber account balance: 50,010 USD Minimum deposit for subscribing to a public account: 50,000 USD Subscription step: 100 USD Recommended deposit for subscription: 200 USDThe calculation is performed as follows: 50,010 (subscriber account balance) - 50,000 (minimum deposit) = 10 10 / 100 = 0.1 (rounded down to zero) 0 * 100 (subscription step) = 0
Thus, a subscriber with a balance of 50,010 USD can subscribe with an amount of 50,000 USD.
The multiplier is calculated as 50,000 (subscription amount) / 200 (recommended deposit): 50,000 / 200 = 250
Example using the full formula:Multiplier=Minimum deposit+ ((Subscriber's account balance-Minimum deposit)/Subscription step) rounded down *Subscription step/Recommended depositSubscriber's account balance (account'sTotal assets) = 76,667 USD Subscriber's account balance (minus 1%) = 75,900 USD Recommended deposit = 40,000 Minimum deposit = 40,000 Subscription step = 3,000Multiplier= 40 000 + ((75 900 - 40 000) / 3000) * 3000 / 40 000 = 1.825