Token Freeze: 40 weeks, meaning that 100% of TEC tokens minted for Hatchers will remain locked from being sold or transferred for 40 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: 1.2 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:
Module 2: Augmented Bonding Curve (ABC)
Data:
Step #
Current Price
Amount In
Tribute Collected
Amount Out
New Price
Price Slippage
Step 1
2.46
5000.00 wxDAI
500.0
1828.43 TEC
2.46
0.02%
Step 2
2.46
100000.00 wxDAI
10000.0
36398.31 TEC
2.48
0.44%
Step 3
2.48
3000.00 TEC
744.81
6703.29 wxDAI
2.48
0.04%
Step 4
2.48
1111.00 wxDAI
111.1
402.87 TEC
2.48
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: 10.00%, which means that 10.00% of the Hatch funds (131122.36 wxDAI) will go to the Common Pool and 90.00% (1180101.21 wxDAI) will go to the ABC's Reserve.
Entry Tribute: 10.00% meaning that from every BUY order on the ABC, 10.00% of the order value in wxDAI is subtracted and sent to the Common Pool.
Exit Tribute: 10.00% meaning that from every SELL order on the ABC, 10.00% of the order value in wxDAI is subtracted and sent to the Common Pool.
Strategy:
Module 3: Tao Voting
Data:
# of Quiet Ending Extensions
No Extensions
With 1 Extension
With 2 Extensions
Time to Vote on Proposals
10 days
12 days
14 days
Time to Review a Delegates Vote
0 days
2 days
4 days
Time to Execute a Passing Proposal
11 days
13 days
15 days
Support Required: 88%, which means 88% of all votes must be in favor of a proposal for it to pass.
Minimum Quorum: 10%, meaning that 10% of all tokens need to have voted on a proposal in order for it to become valid.
Vote Duration: 10 day(s), meaning that eligible voters will have 10 day(s) to vote on a proposal.
Delegated Voting Period is set for 10 day(s), meaning that Delegates will have 10 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 days(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
Data:
Proposal
Requested Amount (wxDAI)
Common Pool (wxDAI)
Effective supply (TEC)
Tokens Needed To Pass (TEC)
1
1,000
100,000
1,500,000
24930
2
5,000
100,000
1,500,000
39999
3
25,000
100,000
1,500,000
Not possible
4
1,000
750,000
1,500,000
22803
5
5,000
750,000
1,500,000
24078
6
25,000
750,000
1,500,000
32399
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 20 days, a voters voting power will have reached 75% of it's maximum capacity.
Minimum Conviction: 1.5%, this means that to pass any funding request it will take at least 1.5% 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.
This will be empty or non-existent if the user did not change any advanced settings from their default. Any settings changed from default will show up here
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
Data:
Strategy:
Module 2: Augmented Bonding Curve (ABC)
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
Data:
Strategy:
Module 4: Conviction Voting
Data:
Strategy:
FORK THIS PROPOSAL (link)
*Advanced Settings
*Learn more about Advanced Settings on the TEC forum
FORK THIS PROPOSAL (link)