STATISTICS

We Are An Ecosystem

Every hour (and at the end of every auction), we calculate an effective bid value. Proceeds at an auctions equal BUN tallied at that auction multiplied by the effective bid value.

1. Internal Exchange Rate (IER) - The internal exchange rate calculates the amount of USDC received in the sale of BUN divided by the amount of BUN distributed to members (sold at full price, plus any rewards or bonuses given).
2. Effective Bid Value (EBV) - Cost for participants that support the ecosystem, procurement of items for LTT redemption, blockchain transaction fees, etc. are sent to special pools at the onset. The leftover is what is used to calculate the auction proceeds paid to a curator (hence, creators) or re-lister of an NFT.

A Gauge For Engagement

Our economy is intricately designed to manage issuance of LTT, utility and inflation. Sinks remove LTT from the ecosystem and ensures the value of each LTT mined provides the maximum value to its holders.

Less than 0.05 - Poor

0.05 to 0.10 - Normal

0.10 to 0.20 - Great

0.20 to 0.50 - Excellent

0.50 to 1.00 - Out of this world

Above 1.00 - Miracle Zone (unlikely)