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%
1.20 wxDAI
6 months
0.00%
1.20 wxDAI
9 months
0.00%
1.20 wxDAI
1 year
0.00%
1.20 wxDAI
1.5 years
25.00%
0.90 wxDAI
2 years
50.00%
0.60 wxDAI
3 years
100.00%
0.00 wxDAI
4 years
100.00%
0.00 wxDAI
5 years
100.00%
0.00 wxDAI
Token Freeze: 52 weeks, meaning that 100% of TEC tokens minted for Hatchers will remain locked from being sold or transferred for 52 weeks. They can still be used to vote while frozen.
Token Thaw: 104 weeks, meaning the Hatchers frozen tokens will start to become transferable at a steady rate starting at the end of Token Freeze and ending 104 weeks later.
Opening Price: 1.2 wxDAI, meaning for the initial buy, the first TEC minted by the Augmented Bonding Curve will be priced at 1.2 wxDAI making it the price floor during the Token Freeze.
Strategy:
Fork of TEC Casino with longer vesting
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
1.2
250000.00 wxDAI
1875.0
85710.80 TEC
5.67
58.55%
Step 1
5.67
5000.00 wxDAI
37.5
868.03 TEC
5.76
0.77%
Step 2
5.76
100000.00 wxDAI
750.0
15037.81 TEC
7.51
12.71%
Step 3
7.51
3000.00 TEC
164.68
21793.26 wxDAI
7.13
2.60%
Step 4
7.13
1.00 TEC
0.05
7.07 wxDAI
7.13
0.00%
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: 95.00%, which means that 95.00% of the Hatch funds (1198162.39 wxDAI) will go to the Common Pool and 5.00% (63061.18 wxDAI) will go to the ABC's Reserve.
Entry Tribute: 0.75% meaning that from every BUY order on the ABC, 0.75% of the order value in wxDAI is subtracted and sent to the Common Pool.
Exit Tribute: 0.75% meaning that from every SELL order on the ABC, 0.75% of the order value in wxDAI is subtracted and sent to the Common Pool.
Strategy:
The value of the token will be high as long as we have funds in the common pool so 95% of the funds are going to be governed by the token holders and the boding curve will be a casino where people can make a lot of money and fund TE public goods
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
3 days
5 days
7 days
Time to Execute a Passing Proposal
7.5 days
9.5 days
11.5 days
Support Required: 70%, which means 70% 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 4 day(s), meaning that Delegates will have 4 day(s) to use their delegated voting power to vote on a proposal.
Quiet Ending Period: 0.5 day(s), this means that 0.5 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: 0.5 day(s), meaning that there is an 0.5 day delay after the vote is passed before the proposed action is executed.
Strategy:
I like hatch params so no big changes on our god mode
FIXED SUPPORT REQUIRED ;-D
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
42714
2
5,000
100,000
1,500,000
170859
3
25,000
100,000
1,500,000
Not possible
4
1,000
750,000
1,500,000
34772
5
5,000
750,000
1,500,000
39366
6
25,000
750,000
1,500,000
85134
Conviction Growth: 20 day(s), meaning that voting power will increase by 50% every 20 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: 2.25%, this means that to pass any funding request it will take at least 2.25% of the actively voting TEC tokens.
The Spending Limit: 9.0%, which means that no more than 9.0% of the total funds in the Common Pool can be funded by a single proposal.
Strategy:
This params will make proposals somehow hard to pass but with some support from the community should be ok, and that's why the future value of the token will be lead for the value we provide with the common pool funds.
What is the overall Commons Configuration strategy?
Have the money on the Common Pool and have fun gambling and funding TE public goods
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:
Fork of TEC Casino with longer vesting
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:
The value of the token will be high as long as we have funds in the common pool so 95% of the funds are going to be governed by the token holders and the boding curve will be a casino where people can make a lot of money and fund TE public goods
Module 3: Tao Voting
Tao Voting Timeline From Proposal To Execution
Data
Strategy:
I like hatch params so no big changes on our god mode FIXED SUPPORT REQUIRED ;-D
Module 4: Conviction Voting
Minimum Percent of Voting Tokens Needed to Pass Funding Requests
Data
Strategy:
This params will make proposals somehow hard to pass but with some support from the community should be ok, and that's why the future value of the token will be lead for the value we provide with the common pool funds.
FORK THIS PROPOSAL (link)
*Advanced Settings
*Learn more about Advanced Settings on the TEC forum
FORK THIS PROPOSAL (link)