DAO Mechanism model

In order to help CoPuppy achieve better economic model management, Puppies has launched a DAO lock-up solution. The solution is divided into 30 days, 60 days, and 90 days according to the lock-up period of $CP. The deposit user can withdraw the money once the period is reached. Gold and income, and get the chance to open Surprise Mystery Box for free according to the amount and time of deposit.

How many types does DAO Mechanism contain?

Scheme	Period	CP Reward	Extra Rewards
DAO-30	30	3% of each block output	Get Surprise Mystery Box for free
DAO-60	60	7% of each block output	Get Surprise Mystery Box and Get Game Mystery Box for free
DAO-90	90	15% of each block output	Get Surprise Mystery Box and Get Game Mystery Box and Get Puppy World loft(Ensuite) for free

• In order to make Puppies adapt to the DAO mechanism faster, we will first launch the DAO-30 Scheme.

• The $CP reward for the first phase of the DAO-30 Scheme will be provided by the team, that is, the team will give up the income and transfer the income to DAO locked users.

• After the DAO-30 Scheme is over, we will modify the economic model and change the output program of each block.

• After the user deposits in the DAO, until withdrawing from the DAO, the principal($CP) and income($CP) can be directly withdrawn.

How to calculate the Daily Total Extra Rewards？

In order to enable CoPuppy to achieve fair distribution, CoPuppy has designed a mathematical model, which can determine the number of mystery boxes obtained according to the number of users deposited(CP_dao_Amount) and the Desposit Coff(COFF).

There is a 1:1 exchange relationship between the Conversion coefficient and the number of Surprise Mystery boxes.

How to calculate Deposit Coff(COFF)?

Desposit Coff(COFF) is determined by the deposit time(TIME) and the number of CP deposits in the DAO(CP_Amount).

The relationship between Desposit Coff(COFF) and the time(Time) the user deposits refer to the following figure:

Figure 1. -COFF-TIME

We encourage users to participate in DAO governance early. The earlier they participate, the greater the number of mystery boxes. We use the time factor Ktime to adjust the time feedback speed.

The relationship between Desposit Coff(COFF) and DAO(CP_Amount) refer to the following figure:

Figure 2. C0FF-CP

There is a linear relationship between the number of mystery boxes obtained and the number of $CP. The more the number of $CP deposited, the greater the number of mystery boxes obtained. We adjust the slope of the model by the Kcp value:

The final generated model is:

Figure 3. DAO Mechanism model

How to calculate Daily Personal Extra Rewards?

When can redeem for Extra rewards?

We will open the redemption window regularly, support users to redeem once every 3 days, and each open time lasts 3 hours.