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Bread

BREAD
Website
breadchain.xyz
Twitter
@breadchain_
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FunctionsFunctions
Value DriversValue
Implementation DetailsImplementation
1. Representation5

Represents the value derived from the dependability gained through the exchange ratio facilitated by the mint-and-burn process.

[5] = ƒ(xdai_exchange_rate, mint_burn_volume, total_baked)

  • xdai_exchange_rate — Represents the ratio between BREAD and xDAI.
  • mint_burn_volume— Reflects the total volume of minting and burning activities.
  • total_baked— Represents the total number of BREAD tokens minted.
2. Value Transfer1

Reflects the utility value derived from using BREAD as a currency in the BREAD Marketplace for purchasing goods and services.

[1] = ƒ(transaction_volume, marketplace_adoption, service_availability)

  • transaction_volume — Indicates the total value of transactions using BREAD in the Marketplace.
  • marketplace_adoption — Reflects the number of users and merchants accepting BREAD.
  • service_availability — Represents the range of goods and services purchasable with BREAD.
3. Conditional Action8

Reflects the activity of voting to influence resource distribution in the governance process.

[8] = binary

  • binary — Indicates whether a holder participates in voting (1) or does not (0), as the act itself triggers the event.
4. Governance3

Represents the value derived from the power to direct interest earned from sDAI to the most impactful supported projects.

[3] = ƒ(s_dai_monthly_yield, project_allocation, treasury_allocation)

  • s_dai_monthly_yield — Reflects the monthly interest yield from sDAI, providing the resources holders can allocate.
  • project_allocation — Represents the proportion of funds directed to specific projects.
  • treasury_allocation — Indicates the allocation of funds directed to Breadchain Core and the Breadchain Treasury.