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...

Sesameseed Subsidy

Daily Rewards, SEED
This is a policy decision made by Sesameseed, specific for each represented blockchain. This policy may change. Sesameseed may decide to add tokens from Opex to the Minting Portion on a blockchain, thus increasing that chain's contribution to the daily rewards. This would mean that blockchain...

Minting Portion

Daily Rewards, SEED
Sesameseed splits the node rewards on each blockchain. One portion for Opex and one portion to be used in the SEED rewards economy (distribution process). See Native Token Split. The portion that is used in the distribution process is called the Minting Portion. This is because these node rew...

SEED Split

Daily Rewards, SEED
This is a policy decision made by Sesameseed, specific for each represented blockchain. This is a variable policy, which means it may change. After the correct number of SEED have been minted, they need to be distributed proportionally to each represented blockchain. On each blockchain, t...