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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 |
A filter by accounts is available in the table.
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
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