--ETH
Assume:The final token fundraising amount for VeIDO is 4,500,000, with a total of 5 users deposited $1,260,000, total token weight is 1,589,143 and total veToken weight is 1,285,714.4286. The initial listing price of PAC=$0.35314 (ETH=$1,800)
| Investor | Deposited ETH | Lock Period | Token Weight | veToken Weight | Discount | veToken Ratio- First Round | veToken received - First Round | Price Per PAC |
|---|---|---|---|---|---|---|---|---|
| A | $900,000 | 0 day | 900,000 | 0 | 0% | 0 | 0 | $0.353142857 |
| B | $36,000 | 6 months | 41,143 | 128,571.43 | 12.5% | 0.375 | 48,214 | $0.309 |
| C | $0 | 1 year | 0 | 0 | 25% | 0.75 | 0 | $0.264857143 |
| D | $0 | 2 years | 0 | 0 | 50% | 1.5 | 0 | $0.176571429 |
| E | $324,000 | 2 years | 648,000 | 1,157,142.86 | 50% | 1.5 | 1,735,714 | $0.176571429 |
Weight = D / (1 - (1/2) * (L/720))
where D is the ETH deposit amount and L is the number of days chosen to lock (maximum of 2 years = 720 days). The 1/2 specifies the max discount possible (i.e. 50%) relative to those who lock for zero days. The L/720 determines how much of the max discount a user receives according to their chosen lock period.
The $Pac allocated for the veIDO was distributed pro-rata according to a user’s weight
| Lock period(days) | Token Discount |
|---|---|
| 0 | 0 |
| 180 | 12.5% |
| 360 | 25% |
| 540 | 37.5% |
| 720 | 50% |
| Lock period(days) | Normal Value | VeIDO Value - First Round | VeIDO Value - Second Round | VeIDO Value - Third Round |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 |
| 180 | 1 PAC = 0.25 vePAC | 1 PAC = 0.375 vePAC | 1 PAC = 0.325 vePAC | 1 PAC = 0.275 vePAC |
| 360 | 1 PAC = 0.5 vePAC | 1 PAC = 0.75 vePAC | 1 PAC = 0.65 vePAC | 1 PAC = 0.55 vePAC |
| 540 | 1 PAC = 0.75 vePAC | 1 PAC = 1.125 vePAC | 1 PAC = 0.975 vePAC | 1 PAC = 0.825 vePAC |
| 720 | 1 PAC = 1 vePAC | 1 PAC = 1.5 vePAC | 1 PAC = 1.3 vePAC | 1 PAC = 1.1 vePAC |
PAC Launch: 15% (4,500,000 PAC)
Locked veIDO:Check Dashboard