Worksheet – SEED Holders Share of Minted SEED

Daily Rewards, SEED
Please refer back to this post about how daily SEED distributed to each blockchain is shared by native stakers on that chain and SEED holders on any blockchain. SEED holders on any blockchain get a share of the daily minted SEED that is distributed to all the blockchains. This is one of the m...

Worksheet – SEED for Native Stakers and SEED holders

Daily Rewards, SEED
On every represented blockchain, community staking for Sesameseed can be viewed as coming from two different groups: Native stakers - those staking with the native token to the SEED nodeSEED holders - since every SEED is backed by native tokens, and those native tokens stake to SEED nodes on e...

Worksheet – SEED Allocation

Daily Rewards, SEED
For a given day, the amount of SEED allocated for each blockchain is determined by how much that chain contributed to the USD value of total node rewards. At this point of the worksheet - if Sesameseed earned 50% of all the node rewards that day from the TRON blockchain, then 50% of the minte...

Worksheet – Contribution to Rewards

Daily Rewards, SEED
Each represented blockchain contributes node rewards to the SEED rewards economy each day. In order to determine how much SEED to distribute to each chain, we first have to know what percentage of the day's total node rewards did they contribute.

Worksheet – Amount of Token that Increases Redeem Value

Daily Rewards, SEED
For example: If the TRX redeem value is 1.15 and Sesameseed mints 100,000 SEED on a given day, then 100,000 * 1.15 = 115,000 TRX needed to back every new SEED that was just minted at the current redeem value. In other words, Sesameseed would need to earn 115,000 TRX per day just to keep the...

Percentage of Theoretical SEED that was not Minted – Worksheet

Daily Rewards, SEED
A minimum of 10% of theoretical SEED each day are not minted. This is a policy decision put in place to ensure a portion of daily node rewards are used to increase the redeem value. This percentage can actually be more than 10% as the amount of node rewards increase from more community stakin...

Worksheet – Amount of SEED Minted

Daily Rewards, SEED
There is a maximum of 100,000 SEED that can be minted daily. So if the theoretical SEED to be minted is below 100,000*, that is how many SEED are minted that day. If the number is above 100,000, then the daily maximum is reached and the redeem value increases at a faster rate. *after...

Worksheet – Theoretical SEED

Daily Rewards, SEED
This is the amount of SEED that theoretically could be minted on a given day. A quick example to explain this line on the worksheet: Assume a total redeem value of SEED of $0.015. Now let's say Sesameseed earns a total of $1950 in eligible node rewards in one day. 1950/0.015 = 130,000...

Worksheet – Community Held SEED

Daily Rewards, SEED
This refers to the amount of circulating supply of SEED that are in wallets NOT owned by Sesameseed. Go to Sprout to find out this number. It's important data since any SEED held in Sesameseed accounts are not eligible for rewards. The rewards those SEED generate are shared by all other SEED ...

Worksheet – Native Tokens Backing all SEED

Daily Rewards, SEED
If each SEED is backed by 1.2 TRX, and there are 50 million SEED in circulation, then that must mean there are 1.2 x 50M = 60M TRX that are backing all SEED. These 60M TRX are used by Sesameseed to stake for itself and increase rewards for the community. See Automatic Staking. This is how SEE...