$OPEN Tokenomics
The coinage principle of $OPEN tokens
The first equation is the "Quadratic Issue Equation", and the second equation is the "Repo Destruction Equation." :
Increase: epochMint = (TWAP – IV) * supply * ICV * Discount
Recycle: epochBurn = (TWAP – IV) * supply * DCV * Discount
Where: TWAP: Time Weighted Average Price IV: $OPEN support price Supply: The risk-free value of the Treasury ICV: Inflation Coefficient Value DCV: Deflation Coefficient Value Discount: The Discount can be set.
The quadratic issue equation determines the number of $OPEN tokens that will be minted in the next epoch, while the repo destruction equation determines the number of $OPEN tokens that will be destroyed.
The TWAP is the average price of $OPEN over a certain time period, and the support price is the minimum price that the protocol will maintain for $OPEN.
The inflation and deflation coefficient values, ICV and DCV respectively, adjust the amount of $OPEN that will be minted or burned in each epoch based on the current price of $OPEN.
The Discount can be set to adjust the amount of $OPEN that will be minted or burned in each epoch.
The coinage principle of $OPEN tokens is designed to maintain price stability and protect the value of the token.
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