Hello,
Sometimes you might know our latest feature Burn-To-Vote & how it works. (If you have no idea how this process works, please refer to this article).
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Sometimes you might know our latest feature Burn-To-Vote & how it works. (If you have no idea how this process works, please refer to this article).
Uniqueness?
VAULT Token is soft-pegged to HIVE Token in the ratio of 10 : 1.(10 VAULT Tokens = 1 HIVE Token). Therefore, the upvote value is calculated with the real-time HIVE Market Price, then divide by the token ratio. Therefore, unlike most other tokens, VAULT Token can keep a stable price ratio with HIVE - the base token.Calculation?
If someone decided to try the Burn-To-Vote process of the @hiveupme curation service, he/she can earn 20% profit with this token project. Here you can get an idea of how we calculate the vote weight:- Check the current HIVE Market Price
- Check @hiveupme upvote value
- Calculate the Bid value against HIVE Market Price
- Calculate the VAULT Token price
- Bid amount multiply by 220% and calculate the vote weight
- If bid value is more than @hiveupme vote weight, refund the extra bid amount
- Share an upvote, then share the delegator's rewards in Swap.Hive (70%)