Mathematical Formulas

Power

1. When you mint

Power is the main attribute of DBXeNFT. It determines the amount of reward a user can claim in each daily cycle, similar to the concept of DBXen. The power of each NFT is influenced by multiple parameters, such as whether the XENFT has been redeemed, the remaining days until redemption, the number of VMUs in the NFT, and the type of XENFT and also staking $DXN on NFT.

Power=eXEN/10∗∗18Power = eXEN / 10**18

where eXEN -> Estimated Xen to be claimed

2. After you mint

After minting the DBXeNFT you can bonus your power by staking $DXN token.

1 $DXN = +0.1% Power

Cost of Burning (Converting XENFT to DBXeNFT)

The cost of burning a XENFT to claim DBXeNFT is influenced by a single parameter: the amount of XEN the user burned to acquire the XENFT. This cost serves as a discount for those who have burned XEN, ensuring they do not receive excessive rewards or engage in "double spending."

This simplified explanation clarifies that Power determines the reward, and the cost of burning XENFT acts as a discount to prevent users from receiving excessive rewards.

CoB=(eXENc−XENburnedXENFT)∗(1−0.0011389∗max(0,DSM−DTC))CoB = (eXENc - XENburnedXENFT)* (1-0.0011389 * max(0, DSM - DTC))

where:

  • CoB -> Cost of Burn

  • eXENc -> estimated XEN to be claimed (based on XENFT)

  • DSM -> Days since Minted

  • DTC -> Days till Claim

Additional info:

The formula takes into account two main factors: the estimated amount of Xen to be claimed and the Xen that has already been burned in the NFT. The difference between these two values represents the net amount of Xen that will be claimed through the burning process.

Additionally, the formula considers the time aspect by calculating a discount factor based on the number of days since the NFT was minted and the number of days remaining until the NFT can be claimed. This discount factor gradually decreases over time, reducing the cost of burning as the claim date approaches.

The result of the formula is the cost of burning, expressed in native coin. This cost represents the amount that needs to be paid or deducted in order to initiate the burning process and claim the corresponding DBXeNFT tokens.

Daily Native Token Reward

NativeCoinFees−DistributedDaily=YourRank/GlobalRank∗FeePoolInThatDayNative Coin Fees - Distributed Daily =Your Rank/Global Rank * FeePoolInThatDay

Calculates the amount of native coin fees that are distributed on a daily basis. The calculation is based on your rank relative to the global rank and the fee pool available for distribution on that specific day.

The formula determines your share of the fee pool by dividing your rank by the global rank. The resulting fraction represents the proportion of the fee pool that you are entitled to receive. This ensures that the distribution of native coin fees is fair and based on individual contribution.

* by utilizing this formula, users with higher ranks will receive a larger portion of the fee pool, reflecting their higher standing within the ecosystem. It incentivizes active participation and rewards users accordingly.

** overall, this formula plays a crucial role in determining the distribution of native coin fees, promoting fairness and incentivizing user engagement within the system.

Daily Power Decrease

Power Decreases with 0.2% per day.

Observations:

  • Native coin remains in contract and can only be claimed by the owner of the DBXeNFT

  • Stake DXN remains in contract and can be unstaked only by the owner of DBXeNFT

  • DBXeNFT has 2 balances: 1. Unclaimed eth 2. Staked DXN

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