# Technical Document

For geeks that care.

## Demand Factor

In V1, we have chosen Price and TVL as the demand metrics. The chosen target levels are $0.18, and soon 500M, for Price and TVL respectively. The TVL metric will only be added in Q4 after launching, due to oracle-feed requirements.

And to make sure demand factor does not go out of control, we have introduced some limitations for demand factor.

## Distribution

### Max Distribution

During the staking program duration $P$ we can distribute total $A_{max}$ amount of DAFI. This means each second, the maximum amount of DAFI we can distribute is:

However, we need to convert users' reward at the end using reward multiplication. This means at the most extreme case, reward will be multiplied by $DF_{max}$ and divided by$DF_{min}$. We call this action `Conversion Multiplier`

- $CM$, and it has some characteristics:

$DF \in R,\ and\ 0.1 \leq DF \leq 1$

$\Rightarrow CM\in R, and\ 0.01 \leq CM \leq10 \ \Rightarrow\ CM_{max} = 10$

To make sure the total distributed DAFI will never become greater than Max DAFI, the maximum distribution per second needs to acknowledge the multiplier.

### Actual Distribution

Actual distribution is the maximum distribution multiplied by demand factor.

## Fees

### Fee Deposited

Every time users claim their rewards, 25% of their rewards will be deducted and distributed to other stakers.

### Fee Distribution

## Reward

Users' rewards are the accumulated amounts of reward every time demand factor changes. The actual implementation is similar to other staking programs like Sushi's `MasterChef`

.

### Final Reward

Last updated