💞Daily Evolution Model

The DRIPX protocol introduces a dynamic framework where key variables evolve daily, shaping the ecosystem to align with the principles of scarcity and increasing difficulty. This section details the parameters governing the DRIPX protocol, including BNB cost adjustments for miners, decreasing mineable supply, diminishing dRank bonuses, and escalating share rates. By mimicking the Bitcoin halving mechanism on an annual basis, DRIPX aims to create a sustainable and progressively challenging environment for mining and staking.

The DRIPX protocol is designed to adapt and evolve over time, implementing a daily update mechanism that adjusts critical variables. This ensures that the protocol maintains its integrity and aligns with the ethos of scarcity, making it increasingly challenging and expensive to obtain DRIPX as time progresses.

Variable Updates

For each new day in the contract, the following variables are updated:

- BNB Cost for Miners: Increases by +0.08% daily based on the previous day, reflecting a gradual rise in the cost for miners.

- DRIPX Mineable per Day: Decreases by -0.10% daily based on the previous day, mirroring the concept of Bitcoin halving but on an annual cycle.

- dRank Bonus: Decreases by -0.35% daily based on the previous day, reducing the bonus over time.

- Share Rate: Increases by +0.03% daily based on the previous day, making staking more challenging.

Start and End Values

The protocol initiates with certain values and evolves until minimum and/or maximum caps are reached. The following caps are defined:

- BNB Cost per Max Power Miner: Starts at 1 BNB and reaches a cap of 10 BNB.

- Supply Mineable per Day: Begins at 8,000,000 and ends at a cap of 800.

- dRank Bonus: Starts at 3,500 and reaches a minimum of 0.35.

- Share Rate: Starts at 800 and reaches a cap of 2800.

Conclusion

It is crucial to note that the provided calculations are not indicative of price predictions but rather serve as a description of the mathematical framework within the protocol. DRIPX emphasizes the principles of sustainability, scarcity, and increasing difficulty, encouraging participants to engage in the ecosystem with a keen awareness that "today is always better than tomorrow." This white paper is not financial advice and should not be interpreted as such.