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Public account subscriptions

Public account subscriptions

This section contains a table with information about subscriptions to public accounts:

public_accounts_subscriptions.png

The table includes the following information about subscriptions to public accounts:

NameDescription
IDSubscription identifier in the system
StatusCurrent status of the subscription
Client accountIdentifier of the client account in the system
Public accountIdentifier of the client account in the system used as a public account
MultiplierThe 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 datepublic account subscription start date
Close datedate 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:
      1. Balance Check: If the total balance of assets is less than the minimum subscription amount, the message "Not enough money" is displayed.
      2. 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.
      1. Multiplier Calculation: The final subscription amount (in the account's balance currency) is divided by the recommended subscription amount.
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 USD

The 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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