🎃Fractionality
Last updated
Last updated
MiniPanther implements Fractionality code to allow minting when the treasury has lower levels of protocol reserves than would be possible in Wonderland. Wonderland requires the number of tokens in the treasury to equal or exceed the number of native tokens in existence, but it does not account for the values of individual reserve tokens. MiniPanther's Fractionality variable allows the treasury to mint with a number of tokens as small as 1% of the number of MP tokens in existence.
Allowing the treasury to contain fewer tokens will guarantee that MiniPanther can keep minting until the end of the 14-day reward emission period regardless of the interim MP token price. At the end of the 14-day reward period, all further MP supply expansion becomes impossible, making Fractionality irrelevant afterwards.