The Market Cap Impact is the measure of an effect caused by each bounty stakes title on the forecasted Market Cap of a project.
The BountyMarketCap calculates it due to the following formula:
Market Cap Impact = P / F * (T / B).
Where,
P is the current price of a specified bounty stakes title in USD equivalent.
F is the forecasted number of tokens per 1 (one) specified bounty stakes title.
T is the number of tokens that the project allocates to the bounty pool.
B is the Total Bounty Allocation Percentage.
Let's take the Market Cap Impact of the [XXX_CA_Stake_Signature] as an example.
Also, let's imagine that the XXX project has only a signature bounty category for easiness of understanding. So, the only bounty stakes title [XXX_CA_Stake_Signature] is available for trading and affects the forecasted Market Cap of a project.
For this example, let:
(P) be 1.83 USD,
(F) be 7,000,000 XXX tokens
(T) be 7,000,000,000 XXX tokens
(B) be 1.4%
(I) be the Market Cap Impact of the [XXX_CA_Stake_Signature] bounty stakes title of project XXX.
(I) = 1.83/7,000,000*(7,000,000,000/1.4%) = 130,714 USD equivalent.
Therefore, the derived Market Cap Impact caused by the
[XXX_CA_Stake_Signature] bounty stakes title on the forecasted Market
Cap of the XXX project is 130,714 USD.
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