The Daily Update
Every 24 hours that passes, these variables get updated.
Last updated
Every 24 hours that passes, these variables get updated.
Last updated
For every new day that ticks over in the contract, these variables get updated:
AWX Max Miner capacity per Day goes down -.28% every day based on day before. forever
AWX Cost for Miners goes up +0.28% every day based on day before until price cap stabilization is met.
AWX Cost per Max Power Miner at start: 288M AWX will mine 888,000 Draco
AWX Cost per Max Power Miner at stabilization: 2.88B AWX will mine 888 Draco
Stabilization will occur over a period of years
There is a halving approximately ever 125 days
This means that it always becomes harder & more expensive to get DRACO for every day that passes.
The general rule for staking and mining is: today is always better than tomorrow.
There are bonuses for longer term miners and stakers. All mining bonuses additionally are included in the daily mining cap.
Here are the start & end values of DRACO. The daily update keeps increasing & decreasing until the minimum and/or maximum caps below are hit. This will happen over a period of years.
AWX Cost per Max Power Miner at start: 288M AWX will mine 888,000 Draco
AWX Cost per Max Power Miner at stabilization: 2.88B AWX will mine 888 Draco
This is a 10x increase in mining price plus a 1,000x decrease in mined Draco totaling a 10,000x increase in mining cost in relation to AWX over time.
(The approximate time it will take to reach stabilization is 2,464 days)
Every day a max miner produces .28% less tokens than the day before - forever.
To make things simple to understand, here's how this works out:
The "Cost to mine 1 DRACO" gets more expensive over time in relation to AWX.
(the cost per miner in AWX gets 10x more expensive, from 288m AWX to 2.88b AWX then stabilizes - 10x increase in cost over time)
(The amount of DRACO a user can receive from a max miner reduces from 888,000 Draco to 888 Draco before stabilization - a 1000x decrease in quantity)
.28% decrease in max mining capacity every day until stabilization.
.28% increase in cost per day until stabilization.
Halvings happen approximately every 125 days
Here is a list of AWX Cost (Per Max Miner), DRACO Mined, and AWX:DRACO Ratio for the first 60 days:
1
288,000,000
888,000
324.32
2
288,806,400
885,514
326.15
3
289,615,058
883,034
327.98
4
290,425,980
880,562
329.82
5
291,239,173
878,096
331.67
6
292,054,643
875,637
333.53
7
292,872,396
873,186
335.41
8
293,692,438
870,741
337.29
9
294,514,777
868,303
339.18
10
295,339,418
865,871
341.09
11
296,166,369
863,447
343.00
12
296,995,635
861,029
344.93
13
297,827,222
858,618
346.87
14
298,661,139
856,214
348.82
15
299,497,390
853,817
350.77
16
300,335,983
851,426
352.74
17
301,176,923
849,042
354.73
18
302,020,219
846,665
356.72
19
302,865,875
844,294
358.72
20
303,713,900
841,930
360.74
21
304,564,299
839,573
362.76
22
305,417,079
837,222
364.80
23
306,272,246
834,878
366.85
24
307,129,809
832,540
368.91
25
307,989,772
830,209
370.98
26
308,852,144
827,884
373.06
27
309,716,930
825,566
375.16
28
310,584,137
823,255
377.26
29
311,453,773
820,950
379.38
30
312,325,843
818,651
381.51
31
313,200,356
816,359
383.66
32
314,077,317
814,073
385.81
33
314,956,733
811,794
387.98
34
315,838,612
809,521
390.16
35
316,722,960
807,254
392.35
36
317,609,784
804,994
394.55
37
318,499,092
802,740
396.77
38
319,390,889
800,492
398.99
39
320,285,184
798,251
401.23
40
321,181,982
796,015
403.49
41
322,081,292
793,787
405.75
42
322,983,119
791,564
408.03
43
323,887,472
789,348
410.32
44
324,794,357
787,137
412.63
45
325,703,781
784,933
414.94
46
326,615,752
782,736
417.27
47
327,530,276
780,544
419.62
48
328,447,361
778,358
421.97
49
329,367,013
776,179
424.34
50
330,289,241
774,006
426.73
51
331,214,051
771,839
429.12
52
332,141,450
769,677
431.53
53
333,071,446
767,522
433.96
54
334,004,046
765,373
436.39
55
334,939,257
763,230
438.84
56
335,877,087
761,093
441.31
57
336,817,543
758,962
443.79
58
337,760,632
756,837
446.28
59
338,706,362
754,718
448.79
60
339,654,740
752,605
451.31
...
...
...
...
100
379,848,741
672,756
564.62
This list continues for 100 days, capturing the increasing cost, decreasing yield, and evolving ratio. Would you like it in a file or visualization?
The above is not a price prediction of any kind, it's just a description of the math inside of the protocol describing the cost of production over time until the protocol hits its caps and should not be used and/or looked at as financial advice in any way shape or form.