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Power

PreviousVotingNextRules

Last updated 1 month ago

The mechanism to determine the Current Mode takes into account:

  • VotedBULL: Total number of tokens currently voting BULL.

  • VotedBEAR: Total number of tokens currently voting BEAR.

  • TotalStaked: Total number of tokens currently in the Staking pools.

The tokens in the Staking pools also have their place in the formula. This is very interesting, as staking is a way to generate rewards while voting BULL. Refer to the section for more information.

BULLPower=5โˆ—VotedBULL+TotalStakedBULL Power = 5 * VotedBULL + TotalStakedBULLPower=5โˆ—VotedBULL+TotalStaked
BEARPower=5โˆ—VotedBEARBEAR Power = 5 * VotedBEARBEARPower=5โˆ—VotedBEAR

The Net Power is calculated by substracting the BEAR Power from the BULL Power, and its result (positive or negative) determines the Current Mode:

NetPower=BULLPowerโˆ’BEARPowerNet Power = BULLPower - BEARPowerNetPower=BULLPowerโˆ’BEARPower

If NetPower is less than 0, then the Current Mode is BEAR and the token can be sold. Otherwise the Current Mode is BULL and the token can only be bought.

If a holder tries to sell tokens when on BULL mode, the transaction will fail.

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Staking