Elastic Supply based on MarketCap/TVL ratio
Starting from the third day after the launch, the supply will be dependent on the ratio between the Market Cap (MC) of the ProtoFI ecosystem proprietary tokens and the Total value locked (TVL) in the protocol.
The protocol will start by setting a target MC/TVL ratio equal to the value observed after 3days and it will adjust this target time by time.
This means that:
- If the 3rd day after farming starts the 6 hours average MC/TVL ratio is higher than the observed ratio (example 10%) then the emission rate will continue to be 15 PROTO/ELCT per block.
- If the 6h average MC/TVL ratio is lower than 10% the emission rate will be lowered by 1 and the MC/TVL ratio target will be lowered by 1%
Just a test example