III. Daily Issuance Limit Calculation Formula

III. Daily Issuance Limit Calculation Formula

Max Emission = Total Supply × BaseEmissionRate × ((Premium + 1) / (minPremium + 1))

• Total Supply: Current issued ARK quantity (e.g., 10,000,000 tokens)

• BaseEmissionRate: Daily maximum release base rate (e.g., 0.02%)

• Premium: Market price ÷ backing price (e.g., Premium = 2.0)

• minPremium: Minimum premium threshold set by DAO (e.g., minPremium = 1.0)

Example Calculation

Assumptions:

• Total Supply = 10,000,000 ARK tokens

• BaseEmissionRate = 0.02% (= 0.0002)

• Premium = 2.0

• minPremium = 1.0

Apply the formula:

Max Emission = 10,000,000 × 0.0002 × ((2.0 + 1) / (1.0 + 1))
             = 10,000,000 × 0.0002 × 1.5
             = 3,000 ARK tokens

Result: The protocol can issue a maximum of 3,000 ARK bonds on that day.