I’ve been playing with the bonding curve of the proposals for the Commons upgrade run-off vote, and want to share some tests that are designed to enrich the Voters pamphlet that will be shared soon:
I tried this conditions for every proposal
*(10 million WxDAI buy + 1 million TEC sell)
*(How many WxDAI buy to mint approx. 2 million token - matching hatchers initial distribution)
- For 4.20 public open, see this issue: 4.20 Public Open Meets Ostrom’s $1M Hatch, Fledge & Fly! (simulation 10 million WxDAI in, 1 million TEC out) · Issue #144 · CommonsBuild/commons-config-proposals · GitHub
In this proposal, entering 10 million WxDAI into the bonding curve, 422676 new TEC will be minted (that is almost 1/5 of total hatcher’s tokens - Meaning that in this scenario, newcomers will have approximately 21% of the hatcher’s governance). With these conditions, the price of the token will rise 77%, making it 53.94 WxDAI per TEC. This can make it attractive to hatchers to sell (assuming the vesting period is over), and if 50% of the hatchers sell their tokens (1 million TEC) the price of the token will drop to 0.06 WxDAI. (Lower than the initial price of hatchers and the bonding curve)
To mint an approximation of hatcher’s TEC Tokens, 10.000.000.000 WxDAI will be needed.
- For Mathmematics V4 , see this issue: Mathmematics V4 back to the (square) roots, but still with 1 MEMILLION COMMON POOL (simulation 10 million WxDAI in, 1 million TEC out) · Issue #143 · CommonsBuild/commons-config-proposals · GitHub
In this proposal, entering 10 million WxDAI into the bonding curve, 1225393 new TEC will be minted (that is almost 6/10 of total hatcher’s tokens - Meaning that in this scenario, newcomers will have approximately 61% of the hatcher’s governance). With these conditions, the price of the token will rise 79%, making it 19.83 WxDAI per TEC. This can make it attractive to hatchers to sell (assuming the vesting period is over), and if 50% of the hatchers sell their tokens (1 million TEC) the price of the token will drop to 2.81 WxDAI. (Higher than the initial price of both Hatchers and the Bonding curve)
To mint an approximation of hatcher’s TEC Tokens, 40.000.000 WxDAI will be needed.
- For Bolcheviks Gambit, see this issue:
The Bolshevik's Gambit fork with Revolutionary Opening Price and Iron Curtain Conviction Voting (simulation 10 million WxDAI in, 1 million TEC out) · Issue #142 · CommonsBuild/commons-config-proposals · GitHub
In this proposal, entering 10 million WxDAI into the bonding curve, 1474667 new TEC will be minted (that is almost 3/4 of total hatcher’s tokens - Meaning that in this scenario, newcomers will have approximately 73% of the hatcher’s governance). With these conditions, the price of the token will rise 73%, making it 13.92 WxDAI per TEC. This can make it attractive to hatchers to sell (assuming the vesting period is over), and if 50% of the hatchers sell their tokens (1 million TEC) the price of the token will drop to 3.71 WxDAI. (Higher than the initial price of both Hatchers and the Bonding curve)
To mint an approximation of hatcher’s TEC Tokens, 20.000.000 WxDAI will be needed.
- For Goldilocks $1 bet for 1 mill, see this issue
Goldilocks' $1 bet for $1 mil to Advance Token Engineering (simulation 10 million WxDAI in, 1 million TEC out) · Issue #141 · CommonsBuild/commons-config-proposals · GitHub
In this proposal, entering 10 million WxDAI into the bonding curve, 1442473 new TEC will be minted (that is almost 3/4 of total hatcher’s tokens - Meaning that in this scenario, newcomers will have approximately 72% of the hatcher’s governance). With these conditions, the price of the token will rise 71%, making it 11.71 WxDAI per TEC. This can make it attractive to hatchers to sell (assuming the vesting period is over), and if 50% of the hatchers sell their tokens (1 million TEC) the price of the token will drop to 3.20 WxDAI. (Higher than the initial price of both Hatchers and the Bonding curve)
To mint an approximation of hatcher’s TEC Tokens, 20.000.000 WxDAI will be needed.
- For Ostrom’s 1 million baby, see this issue
Ostrom's 1 million dollar baby (simulation 10 million WxDAI in, 1 million TEC out) · Issue #140 · CommonsBuild/commons-config-proposals · GitHub
In this proposal, entering 10 million WxDAI into the bonding curve, 2036806 new TEC will be minted (that is almost the same of total hatcher’s tokens - Meaning that in this scenario, newcomers will have approximately the same amount of the hatcher’s governance). With these conditions, the price of the token will rise 74%, making it 9.97 WxDAI per TEC. This can make it attractive to hatchers to sell (assuming the vesting period is over), and if 50% of the hatchers sell their tokens (1 million TEC) the price of the token will drop to 4.07 WxDAI. (Higher than the initial price of both Hatchers and the Bonding curve).
To mint an approximation of hatcher’s TEC Tokens, 10.000.000 WxDAI will be needed.