dxDAO - Reputation distribution calculator
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dxDAO Reputation distribution calculator
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The aim of this document is to allow for calculating the amount of Reputation allocated in relation to the USD value invested by a participant for each of the four distribution categories during the vote staking period (Feb 18 - Mar 20).
GREEN cells contain parameters to be edited by the user
ORANGE cells contain the result of the computation
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total Reputation1,000,000
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(1) Auction REP for GEN(2) ETH locking(3) ERC-20 token locking(4) Magnolia (DutchX trading)(5) DAO Storytellers
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10% of Reputation will be auctioned in exchange for DAOStack GEN tokens. There will be 10 consecutive auctions (each over a period of 3 days) where users can bid their GEN. The amount of Reputation is allocation proportionally to the GEN bid.8% of Reputation is allocated for locking ETH, proportionally to a score computed as [amount of ETH locked] * [lock period in days]. Participants can lock an arbitrary amount of ETH for a maximum of 1 year.30% of Reputation is allocated for locking whitelisted ERC-20 tokens, proportionally to a score computed as [value of tokens locked] * [lock period in days]. Participants can lock an arbitrary amount of tokens for a maximum of 1 year. The value is measured in ETH using the exchange rate at the moment of locking.50% of Reputation will be allocated in proportion to the number of activated Magnolia (MGN) tokens. Each trade worth 1 ETH on the DutchX will generate 1 MGN.Once created, the dxDAO will reward 2% REP to those spreading the word.

(This is only a suggestion - it will be decided by the dxDAO once initiated)
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The following computation is based on the USD value of the participant's GEN bid in relation to the total USD bid value.The following computation is based on the opportunity cost of locking ETH with respect to the participant's personal expected interest rate.The following computation is based on the opportunity cost of locking tokens with respect to the participant's personal expected interest rate.The following computation is based on the assumption that the participant trades tokens back and forth on the DutchX as a seller, assuming a small loss in value in each iteration.
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percentage of total Reputation10%percentage of total Reputation8%percentage of total Reputation30%percentage of total Reputation50%percentage of total Reputation2%
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amount of total Reputation100,000amount of total Reputation80,000amount of total Reputation300,000amount of total Reputation500,000amount of total Reputation20,000
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10 auctions GEN <> ReputationToken to lockGNO
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amount of Reputation per auction10,000price of ETH at moment of locking (USD)100.00price of GNO at moment of locking (USD)11.00average ETH price during vote staking period (USD)100.00
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price of GEN at auction time (USD)0.1100amount of ETH to lock15.00amount of GNO to lock100.00value of one personal trade (USD)200.00
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--> value of locked ETH (USD)1,500.00--> value of locked GNO (USD)1,100.00--> MGN received per trade2.00
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amount of GEN to invest in one auction1,000.00
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--> value (USD)110.00lock period (days; max. 365)365lock period (days; max. 365)365
number of trade cycles (token A -> token B -> token A)
10.00
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--> score5,475--> score401,500--> total number of MGN received40.00
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expected total amount of GEN in current auction80,000.00
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personal expected annual interest rate on investments
5.00%
personal expected annual interest rate on investments
5.00%expected loss percentage per trade cycle4.00%
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--> opportunity cost of ETH locking (USD)75.00--> opportunity cost of GNO locking (USD)55.00--> expected total loss (USD)80.00
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expected total amount of ETH locked15,000.00expected total value of tokens locked (USD)6,000,000.00expected total trading volume (USD)20,000,000.00
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expected average ETH lock period (days)365expected average lock period (days)365--> total MGN generated200,000.00
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--> sum of scores5,475,000--> sum of scores2,190,000,000
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expected Reputation allocated125.00expected Reputation allocated80.00expected Reputation allocated55.00expected Reputation allocated100.00
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--> Reputation per USD invested1.14--> Reputation per USD of opportunity cost1.07--> Reputation per USD of opportunity cost1.00--> Reputation per USD 'lost'1.25
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