09. Standard Definitions

Single Source of Truth: These definitions MUST be standardized across all reporting.

Glossary of Terms
TermDefinitionFormula / Logic
EarnersPlayers with coins_minted > 0 OR xp_earned > 0 in periodCOUNT(DISTINCT player WHERE coins > 0)
RedeemersPlayers with coins_redeemed > 0 in periodCOUNT(DISTINCT player WHERE redeemed > 0)
Redemption Rate (Players)Redeemers / EarnersRedeemers / Earners × 100 (Green if >50%)
Redemption Rate (Coins)LP Redeemed / LP MintedSUM(redeemed) / SUM(minted) × 100 (Green if >60%)
Awarded BonusFace value of bonus issued at redemption (RON)From redeem_events.awarded_bonus_value
Transformed BonusPortion converted to withdrawable cashFrom redeem_events.transformed_bonus_value (TRUE cost to P&L)
Eligible StakesStakes counting toward earning/maintenanceExcludes: crash, instant win, roulette, baccarat, keno, blackjack, videopoker, live
Active DayAny day with ≥1 real-money wager on eligible productCOUNTIF(stakes > 0)
At-Risk PlayerBelow maintenance threshold with <7 days until evaluationeligible_stakes < threshold AND days_remaining < 7
Coin VelocityLP Redeemed / AVG(LP Outstanding) per monthMonthly rolling calc (Higher = healthier)
GGRGross Gaming Revenue = Stakes - WinningsSum of player GGR
NGRNet Gaming Revenue = GGR - Bonus - Tax~30.5% GGR tax in Romania
NRCNet Revenue Contribution (player-level contribution)NRC = GGR - Tax - Provider Fees - Bonus - Payment Fees
LiabilityOutstanding coins × Cost per coin × Redemption probabilityLP_Outstanding × 0.008-0.01 × 0.6