I think the quick launch of $Digg is also to be able to reduce $badger emission and keep the same APY.
the badger earned/stake days ratio is just used as a filter and the calculation based on the root of returns is the same so actually 90% of the drop is based on the root of earned rewards but if you have never staked badger you woudnt qualify for a portion of it. Does that clear it up?
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no not quite.
does 1.75 root get applied on just the EARNED amount, or does the 55%, 35%, 10% calculation take place, and then 1.75 root is applied?
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55% of the DIGG airdrop is based on earned rewards adjusted by root 1.75 with a cap on the multiplier an address can get vs a linear distribution
35% is dropped the exact same way but only to addresses with a ratio of stake days to total earned rewards > 2
10% is dropped purely based on stake days linearly
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thanks, but what does this part mean?
yeah, its the trickiest part
so for small addresses (think earned <5 BADGER) if you did a linear distribution based on earned rewards they would get like .0003% of the total drop. we wanted to fix that so we incorporated the root but since there were so many small addresses this skewed towards them getting like .004% of the drop which is like 13x the linear distribution. This made it easier to sybil attack the distribution with a lot of small addresses. we decided to cap that multiplier so in this example with a 7x cap the address would get .0021% of the total drop.
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So whales won’t get that part. I guess their ratio will be less than 1
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Maybe i missed it. but how do you define this multiplier ? will it always be 7 ?
Badger emissions is not as important as the successful launch of Digg. We can always tinker with badger emissions, but it is very important that Digg does not start off with -ve rebases, majority do not understand how rebase tokens work and given the current and steady BTC price appreciation launching Digg now would mean the first rebase would be -ve, we have seen from other rebase projects the psychology of people towards -ve rebases.
Let’s say I’m a whale.
10,000 earned badger.
1.75 root = 193 EARNED
For the 35% badger earned/badger staked ratio, is it 193 / badger staked, or 10,000 / badger staked?
If I stake 80 coins here. It’s been 20 days already. Will I receive an airdrop and what percentage, how can I calculate?
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it compares the number of stakedays “badger staked per day” to 10,000