What is the Hatch Minting Rate (TECH/wxDai)?
The Hatch Minting Rate (TECH/wxDai) is the amount of TECH tokens minted for each wxDai raised during the Hatch Period.
Implications & Parameter Options
The Hatch Minting Rate (TECH/wxDai) is measured in TECH tokens, and you will have the option to set this parameter anywhere between 0 and ∞.
This parameter establishes the token supply for TECH, and can be evaluated at our Minimum, Target, and Maximum Raise parameters. The token supply has implications for the psychology surrounding your token economy. A low Hatch Minting Rate (ex: 10-100), will limit the amount of tokens available resulting in a higher token price, while a high Hatch Minting Rate (ex: 1000+), will expand the amount of tokens available resulting in a lower token price.
The Hatch Minting Rate is a parameter of preference, and so our suggestion for a wide range between 0.00001-1,000,000 TECH is acceptable.
Related Parameters to consider when defining the Hatch Minting Rate (TECH/wxDai):