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So i like to always start with round numbers and for me its important not to have very small numbers since start in order to make it "vissible" attractive for investors/users.
I like the medium period of half an year for freezing tokens and a longer "Thaw" period in order to see the different "sales" period and how tokenholders get "HODLERS" of the project.
Parameter
Value
Token Freeze
24 Weeks
Token Thaw
150 Weeks
Opening Price
10 wxDAI
Hatcher's TEC Release Schedule
This is the release schedule for TEC that was given to Hatchers. Their TEC will start out frozen and then slowly become liquid according to the graph above.
Token Release Timeline
Duration
% of Tokens Released
Price Floor of Token
3 months
0.00%
10.00 wxDAI
6 months
1.33%
9.87 wxDAI
9 months
10.00%
9.00 wxDAI
1 year
18.67%
8.13 wxDAI
1.5 years
36.00%
6.40 wxDAI
2 years
53.33%
4.67 wxDAI
3 years
88.00%
1.20 wxDAI
4 years
100.00%
0.00 wxDAI
5 years
100.00%
0.00 wxDAI
Module 2: Augmented Bonding Curve (ABC)
Strategy:
So if the users of our organisation are aligned with our values ,and if we need to have a small common tribute in case of being :afraid" of massive sales it means that we havent make the core job good (transmitting our idea and the future of the DAO) .
Besides that ,lower the entree fee and creating a bigger exit fee for making people think before doing a lot of movements
The ABC mints and burns TEC tokens, the price of the TEC token is dependent on the funds that is held in the Reserve. This graph shows how the ABC's Price for TEC tokens changes with the ABC's Reserve Balance. The Initial Buy that will happen at launch is highlighted.
Example Transaction Data
Tx
Reserve
Total Supply
Price
Amount In
Tribute
Amount Out
New Price
Slippage
0
441428.25
1956421.69
10.0
250000.00 wxDAI
2500.0
19747.93 TEC
15.45
20.21%
1
688928.25
1976169.61
15.45
5000.00 wxDAI
50.0
319.25 TEC
15.56
0.35%
2
693878.25
1976488.86
15.56
100000.00 wxDAI
1000.0
5956.82 TEC
17.73
6.38%
3
792878.25
1982445.68
17.73
3000.00 TEC
514.71
50956.48 wxDAI
16.6
3.21%
ABC Overview
Reserve (wxDai)
Supply (TEC)
Price (wxDai/TEC)
Market cap
10,000
1,796,262
0.25
444,123.97
50,000
1,862,620
1.19
2,216,932.96
100,000
1,891,967
2.34
4,432,563.31
200,000
1,921,787
4.61
8,864,531.43
300,000
1,939,445
6.86
13,295,799.99
400,000
1,952,077
9.08
17,728,470.94
500,000
1,961,928
11.29
22,159,348.26
600,000
1,970,018
13.50
26,592,722.82
700,000
1,976,877
15.69
31,021,909.04
800,000
1,982,844
17.88
35,454,474.61
900,000
1,988,119
20.06
39,885,298.91
1,000,000
1,992,854
22.24
44,319,819.72
1,250,000
2,002,911
27.66
55,397,494.26
1,500,000
2,011,169
33.06
66,479,508.24
1,750,000
2,018,174
38.43
77,556,027.75
2,000,000
2,024,264
43.79
88,635,570.45
2,500,000
2,034,481
54.46
110,794,344.49
3,000,000
2,042,870
65.08
132,959,412.31
3,500,000
2,049,986
75.67
155,114,103.33
4,000,000
2,056,170
86.21
177,266,407.47
5,000,000
2,066,549
107.22
221,585,014.00
7,500,000
2,085,543
159.38
332,390,842.08
10,000,000
2,099,123
211.12
443,171,844.56
15,000,000
2,118,415
313.80
664,752,451.23
20,000,000
2,132,213
415.71
886,386,742.66
50,000,000
2,176,750
1,017.95
2,215,811,803.75
100,000,000
2,211,061
2,004.32
4,431,673,938.84
Module 3: Tao Voting
Strategy:
3/4 of Quorum its perfect for having the perfect consense when changing an idea but needing a significant part of support (15%).
The vote duration and the supplements period are relatively short because we want out tokenholders to be "alert" of our governance,so if they are compromised the will be kind of thinking "Oh ,tomorrow votation is closed.Let's check if i need to vote again"
Parameter
Value
Support Required
76%
Minimum Quorum
15%
Vote Duration
5 day(s)
Delegated Voting Period
3 day(s)
Quiet Ending Period
1 day(s)
Quiet Ending Extension
1 day(s)
Execution Delay
1 day(s)
Tao Voting Timeline From Proposal To Execution
This shows how the timeline stacks up for yes/no time based votes that can change the configuration after launch.
Timeline Data
# of Quiet Ending Extensions
No Extensions
With 1 Extension
With 2 Extensions
Time to Vote on Proposals
5 days
6 days
7 days
Time to Review a Delegates Vote
2 days
3 days
4 days
Time to Execute a Passing Proposal
6 days
7 days
8 days
Module 4: Conviction Voting
Strategy:
If a proposal approves all the steps needs a minimum of $ to execute the idea properly ,but always with a cautious % such as 15% in case it don't result as they wish.
Half a year seems few time for changing 50% but we never have to forget how impressible crypto environment is and we need to be capable of big changes in a few time if its needed.
Parameter
Value
Conviction Growth
180 day(s)
Minimum Conviction
0.5%
Spending Limit
15.0%
Minimum Percent of Voting Tokens Needed to Pass Funding Requests
This shows how the minimum percent of tokens needed to pass proposals after 2 weeks varies with the percent of the Common Pool funds being requested.
Token Freeze: 24 weeks, meaning that 100% of TEC tokens minted for Hatchers will remain locked from being sold or transferred for 24 weeks. They can still be used to vote while frozen.
Token Thaw: 150 weeks, meaning the Hatchers frozen tokens will start to become transferable at a steady rate starting at the end of Token Freeze and ending 150 weeks later.
Opening Price: 10 wxDAI, meaning for the initial buy, the first TEC minted by the Augmented Bonding Curve will be priced at 10 wxDAI making it the price floor during the Token Freeze.
Augmented Bonding Curve (ABC)
Commons Tribute: 65.00%, which means that 65.00% of the Hatch funds (819795.32 wxDAI) will go to the Common Pool and 35.00% (441428.25 wxDAI) will go to the ABC's Reserve.
Entry Tribute: 1.00% meaning that from every BUY order on the ABC, 1.00% of the order value in wxDAI is subtracted and sent to the Common Pool.
Exit Tribute: 2.00% meaning that from every SELL order on the ABC, 2.00% of the order value in wxDAI is subtracted and sent to the Common Pool.
Tao Voting
Support Required: 76%, which means 76% of all votes must be in favor of a proposal for it to pass.
Minimum Quorum: 15%, meaning that 15% of all tokens need to have voted on a proposal in order for it to become valid.
Vote Duration: 5 day(s), meaning that eligible voters will have 5 day(s) to vote on a proposal.
Delegated Voting Period is set for 3 day(s), meaning that Delegates will have 3 day(s) to use their delegated voting power to vote on a proposal.
Quiet Ending Period: 1 day(s), this means that 1 day(s) before the end of the Vote Duration, if the vote outcome changes, the Quiet Ending Extension will be triggered.
Quiet Ending Extension: 1 day(s), meaning that if the vote outcome changes during the Quiet Ending Period, an additional 1 day(s) will be added for voting.
Execution Delay: 1 day(s), meaning that there is an 1 day delay after the vote is passed before the proposed action is executed.
Conviction Voting
Conviction Growth: 180 day(s), meaning that voting power will increase by 50% every 180 days that they are staked behind a proposal, so after 10 days, a voters voting power will have reached 75% of it's maximum capacity.
Minimum Conviction: 0.5%, this means that to pass any funding request it will take at least 0.5% of the actively voting TEC tokens.
The Spending Limit: 15.0%, which means that no more than 15.0% of the total funds in the Common Pool can be funded by a single proposal.
What is the overall Commons Configuration strategy?
Empowering the user and aim to a Solid long term project where Voting and participation is a pillar.
FORK THIS PROPOSAL (link)
Summary
Module 1: Token Freeze & Token Thaw
Module 2: Augmented Bonding Curve
*This is an output. Learn more about the Reserve Ratio here.
Module 3: Tao Voting
Module 4: Conviction Voting
Module 1: Token Freeze and Token Thaw
Strategy:
So i like to always start with round numbers and for me its important not to have very small numbers since start in order to make it "vissible" attractive for investors/users.
I like the medium period of half an year for freezing tokens and a longer "Thaw" period in order to see the different "sales" period and how tokenholders get "HODLERS" of the project.
Hatcher's TEC Release Schedule
Token Release Timeline
Module 2: Augmented Bonding Curve (ABC)
Strategy:
So if the users of our organisation are aligned with our values ,and if we need to have a small common tribute in case of being :afraid" of massive sales it means that we havent make the core job good (transmitting our idea and the future of the DAO) .
Besides that ,lower the entree fee and creating a bigger exit fee for making people think before doing a lot of movements
*This is an output. Learn more about the Reserve Ratio here.
TEC Price vs ABC Reserve Holdings
Example Transaction Data
ABC Overview
Module 3: Tao Voting
Strategy:
3/4 of Quorum its perfect for having the perfect consense when changing an idea but needing a significant part of support (15%).
The vote duration and the supplements period are relatively short because we want out tokenholders to be "alert" of our governance,so if they are compromised the will be kind of thinking "Oh ,tomorrow votation is closed.Let's check if i need to vote again"
Tao Voting Timeline From Proposal To Execution
Timeline Data
Module 4: Conviction Voting
Strategy:
If a proposal approves all the steps needs a minimum of $ to execute the idea properly ,but always with a cautious % such as 15% in case it don't result as they wish.
Half a year seems few time for changing 50% but we never have to forget how impressible crypto environment is and we need to be capable of big changes in a few time if its needed.
Minimum Percent of Voting Tokens Needed to Pass Funding Requests
Example Funding Request Data
FORK THIS PROPOSAL (link)
Parameter Definitions
Token Freeze and Token Thaw
Augmented Bonding Curve (ABC)
Tao Voting
Conviction Voting
Advanced Settings*
*Learn more about Advanced Settings on the TEC forum
FORK THIS PROPOSAL (link)
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