Prelaunch on Robinhood Chain

The rule, exactly

The arithmetic behind the waterline, stated separately from prices and fees.

Balances each cycle

liquid_next = floor(liquid * (1 - r))

Apply this rule to each loose balance in atomic units each cycle.

staked_next = staked

A staked balance keeps its number during the cycle.

0 <= r < 1

The rate can be zero but must stay below one.

The calculator accepts rates with at most 18 decimal places and whole cycle counts from 0 to 1000.

Residue and supply

The floor removes fractional atomic residue. Removed tokens and residue are destroyed and credited to nobody.

supply = sum(staked + liquid)

Supply is the sum of all position balances.

fraction = (staked + liquid) / supply

For positive supply, a position fraction is its balance divided by the remaining supply.

All position fractions sum to one when supply is positive.

Moving balances

stake: (liquid - amount, staked + amount)

Staking moves the same amount from loose to staked in one atomic change.

unstake: (liquid + amount, staked - amount)

Unstaking moves the same amount back without changing the token count at that instant.

These moves are value-neutral within the balance rule. They do not create tokens or set a market price.

The unstake fee is separate from this arithmetic. Its amount is not published yet.

Before the next cycle

Read the rule. Take your time.

Loose EBB thins. Staked EBB keeps its number.

Read the rule
Loose balances
Thin each cycle
Staked balances
Keep their number
Launch terms
Not published yet