Pool Weight: IDO Allocation
Pool weight represents the number of “shares” each eligible PulseFinity staker will be able to contribute to a IDO.
The individual pool weight of all qualified PulseFinity stakers is added up to give the total pool weight shares. The number of tokens to be sold in the IDO is then divided by the total number of pool weight shares to derive the allocation size of each pool weight share. Hence, the number of tokens per pool share can be derived following this formula:
(Total # of tokens to be sold at IDO)/(Sum(Tier pool weight x # of PulseFinity stakers in that tier) for every Tier)
Example: Project pulse wants to launch a IDO on PulseFinity and is selling 1,000,000 tokens.
Staking Tiers:
Nano: 100 stakers with pool weight 1x
100x1= 100 pool shares
Micro: 200 stakers with pool weight 2x
200x2= 400 pool shares
Mega: 350 stakers with pool weight 4x
350x4= 1400 pool shares
Giga: 50 stakers with pool weight 8x
50x8= 400 pool shares
Tera: 150 stakers with pool weight 16x
150x16= 2400 pool shares
Total amount of pool shares= 100+400+1400+400+2400= 4700 total pool shares
Allocation amounts
Therefore, the 1,000,000 tokens available in Project Pulse's sale would be divided by 4700 shares (1,000,000/4700=212.8) Each pool share equals 212.8 tokens.
Members of each tier will have the following token allocations:
Nano: (pool weight)1 x 212.8= 212.8 Tokens
Micro: (pool weight)2 x 212.8= 425.6 Tokens
Mega: (pool weight)4 x 212.8= 851.2 Tokens
Giga: (pool weight)8 x 212.8= 1697.6 Tokens
Tera: (pool weight)16 x 212.8= 3404.8 Tokens
Members in Tera+ staking over 10k will be able to create custom token allocation sizes by stacking their pool weight for example staking 16k will stack Tera+Giga which gives pool weight of x24, this option will be available on "My stakes".
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