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Practical Rebase Example

Given:

  • Weekly Emissions: 2,000,000 DXLYN (2% of 100M initial supply)
  • Total DXLYN Supply: 100,000,000 DXLYN
  • Total veDXLYN Locked: 20,000,000 DXLYN

Calculation: Step 1: Calculate lock ratio

20,000,000÷100,000,000=0.2  (20% of supply locked)20{,}000{,}000 \div 100{,}000{,}000 = 0.2 \; (20\% \text{ of supply locked})

Step 2: Calculate inverse squared

[10.2]2=0.82=0.64\left[1 - 0.2\right]^2 = 0.8^2 = 0.64

Step 3: Apply to weekly emissions

2,000,000×0.64×0.5=640,000  DXLYN2{,}000{,}000 \times 0.64 \times 0.5 = 640{,}000\;\text{DXLYN}

Result: 640,000 DXLYN distributed among all eligible veDXLYN voters that epoch.