F A R E S I M U L A T O R
FARE Token Economy | |||
| Simulation Length |
ⓘ
A number of months to simulate. (Vesting
data is for three years.)
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| EV Threshold |
ⓘ
A number in [0,1] representing the player
expected value.
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| Liquidate % |
ⓘ
A number in [0,1] representing how much
of a player's portfolio is liquidated at the end of each
day.
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| Non-Pool FARE Supply |
ⓘ
The supply of FARE floating outside the
liquidity pool.
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| Initial Pool USDC |
ⓘ
The initial USDC in the liquidity
pool.
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| Initial Pool FARE |
ⓘ
The initial FARE in the liquidity
pool.
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| Initial Price |
ⓘ
The initial USDC per FARE price
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| Pool Fee % |
ⓘ
A number in [0,1] representing the fee
charged by the liquidity pool for swaps.
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User Behavior | |||
| Initial Daily Active Users |
ⓘ
The initial average number of daily
active users (stddev^2 = 20%).
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| Daily Wagers per User |
ⓘ
The average number of wagers per active
user (stddev^2 = 20%).
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| Size per Wager |
ⓘ
The average wager size in USDC per wager
(stddev^2 = 20%).
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| Daily Wager Size Growth % |
ⓘ
A number in [0,1] representing the daily
wager size growth. (You can use this to quickly simulate more
betting volume, which is faster to simulate than more users;
but be careful, because it is less realistic to assume that
over time users bet more cash, rather than there simply being
more users.)
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| Expected Monthly Wager Size Growth |
ⓘ
The expected monthly wager size growth
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| % of Wagers Small |
ⓘ
A number in [0,1] representing the
likelihood a wager will be a Coin Flip (small payout) rather
than a Slot Machine (large payout).
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| Expected Initial Daily Volume |
ⓘ
The expected daily volume in USDC
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| Expected Initial Monthly Volume |
ⓘ
The expected monthly volume in
USDC
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| Daily User Growth % |
ⓘ
A number in [0,1] representing the daily
user growth
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| Expected Monthly User Growth |
ⓘ
The expected monthly user growth
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Investor Behavior | |||
| Investor Sell-off % |
ⓘ
A number in [0,1] representing what
percent of their FARE vesting investors are expected to sell
off as soon as they can.
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| Investor Buy Price |
ⓘ
The price at which investors bought FARE.
The default value is the actual weighted average of FARE's
SAFT purchases.
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| Investor Return Multiplier |
ⓘ
A number representing the average multiplier
rate of return on their FARE investment investors target. A
normal distribution (with a 20% standard derivation) is
sampled and that number is multiplied by the buy price is the
target sell price of investors.
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| Investor Sell Price |
ⓘ
The price at which investors sell.
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| Investor Sell Maximum Tranche |
ⓘ
The maximum size of a single investor
sell tranche. This is used to calibrate the effect of investor
sales on the pool price.
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| Ecosystem Start Date |
ⓘ
This is the day that ecosystem expenses start.
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| Ecosystem Daily Spend Rate |
ⓘ
This is an amount of USDC that is spent
per day after the ecosystem funding starts. This should be set
to an expected average. An amount of FARE is sold from the
supply to provide this amount of USDC.
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