Number of Project Tokens.
Call Option Collateral.
Number of Project Tokensand
Call Option Collateralare actually determined by two other parameters. These are called
collateralPerPairis simply the total units of collateral backing one success token.
basePercentagedetermines the percentage of the total success token collateral (
collateralPerPair) that is used as the floor value for the success token versus the percentage that is used to collateralize the covered call option.
collateralPerPairof 2 and a
basePercentageof 0.75 would have a floor value of 1.5 units of collateral combined with a covered call option backed by 0.5 units of collateral.