This is a percentage of the total funds raised from the Hatch, and is sent to the Common Pool to kick-start the Commons project. The remaining percentage determines the Reserve Balance.
The amount of wxDAI which will be in the Common Pool at the Commons Upgrade. This is calculated using the Hatch funds raised, Hatchers who have rage quit (Advanced), the Initial buy-in (Advanced) and the Commons Tribute.
Reserve Ratio is an output of the Opening Price and Commons Tribute, it defines the shape of the ABC. Click to learn more about the Reserve Ratio.
token price (wxdai)
reserve balance (wxDAI)
Steps
step
Each step on the curve represents a transaction. The first 3 steps are generated by the market scenario. You can add up to 3 more.
current price
The price of the TEC token, in wxDAI, at the beginning of the transaction.
total supply
The total amount of TEC currently in circulation.
amount in
If the amount in is wxDAI this step is a BUY order. If the amount in is TEC then the step is a SELL order.
tribute
The amount of funds, in wxDAI, taken from the order and sent to the Common Pool. This is a determined using the parameters Entry & Exit Tribute.
amount out
If the amount out is wxDAI this step is a SELL order. If the amount out is TEC then this step is a BUY order.
new price
The updated price of the TEC token, in wxDAI, resulting from the transaction.
price slippage
The TEC token price fluctuates based on the size of buys and sells along the curve. The price slippage is the relative difference between the Current Price and the average price of TEC that was bought or sold.