ASTROBEAM
Last updated
Last updated
ASTROBEAM is a system on the ASTRONIZE platform designed primarily to adjust the exchange rate between TSX Coin and TSX Token to be suitable for the game's situation and to create a balance between demand and supply.
The initial exchange rate will be set at 100 TSX Coin = 1 TSX Token.
This exchange rate will be calculated every 12 hours at 00:00 (GMT+7) and 12:00 (GMT+7) each day.
XM = The amount of TSX Token minted during the calculation period.
NE = The number of TSX Tokens used to purchase NFT In-game Items on the ASTRONIZE Web Shop during the calculation period.
XF = The amount of TSX Tokens used as exchange fees for successful exchanges on the ASTRONIZE Market during the calculation period.
XR = The number of TSX Tokens exchanged back to TSX Coin during the calculation period.
Consider the feasibility based on this equation:
α = Directional value of the "Token Charm" usage rate.
TXM = Total number of TSX Tokens ever created.
TNE = Total number of TSX Tokens ever used to exchange for NFT In-game Items on the ASTRONIZE Webshop.
TXF = Total number of TSX Tokens ever used as exchange fees on the ASTRONIZE Market.
TXR = Total number of TSX Tokens ever exchanged back from TSX Token to TSX Coin.
If α ≥ 5, the calculation formula for the "Token Charm" usage rate when exchanging TSX Coin → TSX Token is as follows:
If 1 ≤ α < 5, the calculation formula for the "Token Charm" usage rate when exchanging TSX Coin → TSX Token is as follows:
If α < 1, the calculation formula for the "Token Charm" usage rate when exchanging TSX Coin → TSX Token is as follows:
TAX = Number of "Token Charm" used when exchanging TSX Coin → TSX Token.
In the situation where the ratio between the total number of minted TSX Tokens and the total number of TSX Tokens used across different channels is > 180% for 3 consecutive days, the channels using TSX Tokens are as specified below:
The number of TSX Tokens exchanged back into the game.
The number of TSX Tokens used to exchange for NFT In-game Items on the ASTRONIZE Webshop.
The number of TSX Tokens used as exchange fees on the ASTRONIZE Market.
The TAX value will be set to this rate until the ratio is ≤ 180%.
CER = The new exchange rate from TSX Token → TSX Coin.
BR = The burn rate of TSX Token per exchange, the value of BR will be determined according to the following conditions:
If TCM ≥ TCR, then BR = 0.2
If TCM < TCR, then BR = 0.8
TCM = Total number of TSX Coins used to exchange TSX Coin → TSX Token.
TCR = Total number of TSX Coins received from exchanging TSX Token → TSX Coin.
Month 0 - 11
29,761
Month 12 - 29
54,645
Month 30 - 36
46,949
ASTRONIZE platform is committed to ensuring the smooth operation of its ecosystem, including the TSX game, and providing equitable benefits to all stakeholders. Therefore, establishing measures is vital to address emergency situations.
The value of TSX Token decreases by > 70% during the calculation period.
The value of TSX Token increases by > 600% during the calculation period.
The exchange rate from TSX Coin → TSX Token increases continuously for more than 10 calculation periods.
The total number of TSX Coins exchanged back in the game is higher than the total number of TSX Coins used to mint TSX Tokens.
In the event of an issue beyond those mentioned above, but with serious or widespread impact on a large number of players or directly on the TSX game system.
From the above scenarios, when any one of them is met, it is considered to enter an emergency situation. The "Temporary System Shutdown Measures (Circuit Breaker) Related to All ASTROBEAM Operations" can be implemented to control the extent of the damage. The "Intervention Measures in Emergency Situations" can also be used to address the emergency situation.
Operation team collects data, assesses the situation, and seeks solutions to address the emergency situation.
Operation team submits a request to Company's Committee to implement the Circuit Breaker measures.
Company's Committee reviews and approves the request.
Operation team implements the Circuit Breaker measures.
An announcement is made to TSX players through the game's communication channels and social media.
Operation team collects data, assesses the situation, and seeks solutions to address the emergency situation.
Operation team submits a request to Company's Committee to intervene and resolve the emergency situation.
Company's Committee reviews and approves the request.
An announcement is made to inform TSX players at least 3 hours before the intervention, through communication channels and social media platforms of the TSX game.
Operation team intervenes to resolve the emergency situation.
= The new exchange rate from TSX Coin → TSX Token.
= The previous exchange rate from TSX Coin → TSX Token.
= The new exchange rate from TSX Coin → TSX Token.
