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.
Data
Duration
% of Tokens Released
Price Floor of Token
3 months
0.00%
1.65 wxDAI
6 months
0.00%
1.65 wxDAI
9 months
9.00%
1.50 wxDAI
1 year
22.00%
1.29 wxDAI
1.5 years
48.00%
0.86 wxDAI
2 years
74.00%
0.43 wxDAI
3 years
100.00%
0.00 wxDAI
4 years
100.00%
0.00 wxDAI
5 years
100.00%
0.00 wxDAI
Token Freeze: 30 weeks, meaning that 100% of TEC tokens minted for Hatchers will remain locked from being sold or transferred for 30 weeks. They can still be used to vote while frozen.
Token Thaw: 100 weeks, meaning the Hatchers frozen tokens will start to become transferable at a steady rate starting at the end of Token Freeze and ending 100 weeks later.
Opening Price: 1.65 wxDAI, meaning for the initial buy, the first TEC minted by the Augmented Bonding Curve will be priced at 1.65 wxDAI making it the price floor during the Token Freeze.
Strategy:
Module 2: Augmented Bonding Curve (ABC)
TEC Price vs ABC Reserve Holdings
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.
Data
Step #
Current Price
Amount In
Tribute Collected
Amount Out
New Price
Price Slippage
Step 0
1.65
250000.00 wxDAI
7500.0
128391.21 TEC
2.14
12.64%
Step 1
2.14
5000.00 wxDAI
150.0
2257.28 TEC
2.15
0.22%
Step 2
2.15
100000.00 wxDAI
3000.0
43166.53 TEC
2.34
4.17%
Step 3
2.34
3000.00 TEC
210.25
6797.94 wxDAI
2.33
0.29%
NOTE:
We're very bullish on TEC so we provide the BUY scenario at launch to compare proposals... to explore this proposal's ABC further Click the link below to see their parameters in your dashboard, be warned this will clear any data you have in your dashboard:
Commons Tribute: 50.00%, which means that 50.00% of the Hatch funds (630611.79 wxDAI) will go to the Common Pool and 50.00% (630611.79 wxDAI) will go to the ABC's Reserve.
Entry Tribute: 3.00% meaning that from every BUY order on the ABC, 3.00% of the order value in wxDAI is subtracted and sent to the Common Pool.
Exit Tribute: 15.00% meaning that from every SELL order on the ABC, 15.00% of the order value in wxDAI is subtracted and sent to the Common Pool.
Strategy:
Module 3: Tao Voting
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.
Data
# of Quiet Ending Extensions
No Extensions
With 1 Extension
With 2 Extensions
Time to Vote on Proposals
7 days
9 days
11 days
Time to Review a Delegates Vote
2 days
4 days
6 days
Time to Execute a Passing Proposal
8 days
10 days
12 days
Support Required: 88%, which means 88% of all votes must be in favor of a proposal for it to pass.
Minimum Quorum: 8%, meaning that 8% of all tokens need to have voted on a proposal in order for it to become valid.
Vote Duration: 7 day(s), meaning that eligible voters will have 7 day(s) to vote on a proposal.
Delegated Voting Period is set for 5 day(s), meaning that Delegates will have 5 day(s) to use their delegated voting power to vote on a proposal.
Quiet Ending Period: 3 day(s), this means that 3 day(s) before the end of the Vote Duration, if the vote outcome changes, the Quiet Ending Extension will be triggered.
Quiet Ending Extension: 2 day(s), meaning that if the vote outcome changes during the Quiet Ending Period, an additional 2 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.
Strategy:
Module 4: Conviction Voting
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.
Data
Proposal
Requested Amount (wxDAI)
Common Pool (wxDAI)
Effective supply (TEC)
Tokens Needed To Pass (TEC)
1
1,000
100,000
1,500,000
8310
2
5,000
100,000
1,500,000
13333
3
25,000
100,000
1,500,000
Not possible
4
1,000
750,000
1,500,000
7601
5
5,000
750,000
1,500,000
8026
6
25,000
750,000
1,500,000
10800
Conviction Growth: 5 day(s), meaning that voting power will increase by 50% every 5 days that they are staked behind a proposal, so after 14 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: 20.0%, which means that no more than 20.0% of the total funds in the Common Pool can be funded by a single proposal.
What is the overall Commons Configuration strategy?
Advanced Settings Modified? Yes
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
Hatcher's TEC Release Schedule
Data
Strategy:
Module 2: Augmented Bonding Curve (ABC)
TEC Price vs ABC Reserve Holdings
Data
NOTE:
We're very bullish on TEC so we provide the BUY scenario at launch to compare proposals... to explore this proposal's ABC further Click the link below to see their parameters in your dashboard, be warned this will clear any data you have in your dashboard:
FORK THIS PROPOSAL (link)
ABC Configuration Table
Strategy:
Module 3: Tao Voting
Tao Voting Timeline From Proposal To Execution
Data
Strategy:
Module 4: Conviction Voting
Minimum Percent of Voting Tokens Needed to Pass Funding Requests
Data
Strategy:
FORK THIS PROPOSAL (link)
*Advanced Settings
*Learn more about Advanced Settings on the TEC forum
FORK THIS PROPOSAL (link)