Winning chests in event battles

How are chests earned/calculated for events? I I’m on a team and frequently I am 4th in the battle. I sometimes drop out when I know that the second dragon can clear the island. Some people don’t like this because they think it reduces the number of chests the players in that battle receive. Is this true? Or are the chests lost by dropping out solely from the person who dropped out? Please clarify how chests are earned / calculated.

For Battle result in PvP?
Or monument drop?

Monument drop


Just for my own information, if it’s PVP is it more calculated?

PvP doesn’t affect monument drop (unless PG is sneaky to change the rate, but that’s single event specific)

Also, monument drop is different from Battle result chest.

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