Frak White Paper
ResourcesCreator DashboardDownload Extension
English
English
  • Overview
  • Smart-Contracts and Audit
  • Essential Terms
  • Introduction
    • Context
    • Genesis
      • Who are we?
      • An algorithm to decentralize the content monetization
      • Why Frak?
      • How to enter Frak
  • THE EXTENSION
    • What is the extension for?
    • How to install the extension?
    • How to use it?
  • FRAK PROTOCOL
    • Wallets
    • Meet the Fraktions
    • Creator Work and NFT
      • Why NFTs on FRAK?
      • IP Certification
      • Revenue Sharing
    • Creator Work Minting
      • Initial Content Minting
      • Fraktion Price Index Formula
      • Fraktion Supplier
      • The gravity coefficient
      • Content Badge
      • Rights granted through the ownership of a Fraktion
    • Earning Model
      • Token Generator Factor
      • Creator Earning Model
      • User Earning Model
      • Creator's Pool
      • Referral Pool
      • Earning Caps
      • Ecosystem Fees and Royalties
      • Anti-cheating System
    • Tokenomics
      • Why a utility token
      • The token: $FRK
      • Hedging Against Inflation
    • Governance
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  1. FRAK PROTOCOL
  2. Creator Work Minting

Fraktion Price Index Formula

The Current Price (CP) of a fraction a Content i with a rarity j is recalculated every week depending on γk\gamma_kγk​ :

CPij(w)=Max( (γj)2×CPij(w−1), 0.8×CPij(0)) CP_{ij}(w)=Max \bigg(\, (\gamma_j)^2 \times CP_{ij}(w-1), \, 0.8\times CP_{ij}(0)\bigg)CPij​(w)=Max((γj​)2×CPij​(w−1),0.8×CPij​(0))

www: current week γj(w)\gamma_j(w)γj​(w): gravity coefficient

Creators can choose to supply their fraction at once or within a defined period of time. The Current Price is always at the moment of the minting.

The Current Price is always at the time of the minting. If a Fraktion is supply at week www but minted at week w+2w+2w+2, the price will be CPij(w+2)CP_{ij}(w+2)CPij​(w+2).

If the number of Fraktions minted is equal to the number of fractions supplied, THEN the price depends only on the consumption.

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Last updated 1 year ago