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Float Protocol
Float Protocol is the decentralised monetary system of the future. FLOAT - a non-pegged stabilised coin that defends purchasing power in the long-run.
Published
Float Protocol Litepaper
Edited
May 30, 2021
4 stars
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step = Math.floor((1 - auctionEfficiency) * (auctionLength - 1))
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neededFloatDelta = (floatMarketPrice / floatTargetPrice) * floatSupply -
floatSupply
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avgEthPriceInEth = avgEthPriceInUsd / ethereumUSDPrice
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avgBankPriceInUsd = calculateBankDelta(
stabilisationCase,
floatMarketPrice,
floatTargetPrice,
startingBasketFactor,
step
)
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