📉Dynamic Incentives

The supply curve PP in Equation ( 1 ) is adjusted by applying a token utilisation measurement factor vv to the time count parameter tt. For example, if vv = 50% on a constant basis, P(t)P(t) would calculateP(0),P(0.5),P(1)...{P(0), P(0.5), P(1)...} for calculation periods {0, 1, 2...}.

In this way emissions react and are correlated to system economic utilisation.

Defining initially:

S: tokens staked expressed as a proportion of circulating supply, S ∈ [0, 1].

L: tokens held in the Core LP pool with a hard currency pair, expressed as a proportion of circulating supply, L∈(0,1]L ∈ (0, 1]

Where v=0v=0 if U=0U=0, otherwise:U=S+LU=S+L

U=S+LU=S+L
Figure 5: Utiity vv
Figure 6: Rescaled Upsilon
Figure 7: Supply Visulisation

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