Deflationary over time
AWX costs 35x more to mint over 125 weeks
Last updated
AWX costs 35x more to mint over 125 weeks
Last updated
The AWX token costs 35 times more to mint with TITANX over this period.
Day 1 (Week 1): 1 $TITANX : 2.8 $AWX
Week 125: 1 $TITANX : 0.08 $AWX
Initially, 1 AWX = 1/2.8 TITANX
At the end, 1 AWX = 1/0.08 TITANX = 12.5 TITANX
To calculate the percentage increase:
Percentage increase = (New value - Original value) / Original value × 100 = (12.5 - (1/2.8)) / (1/2.8) × 100 = (12.5 - 0.357142857) / 0.357142857 × 100 = 34 × 100 = 3400%
Therefore, the percentage increase in cost of the AWX token compared to minting with TitanX from week 1 to week 125 is approximately 3400%.
3400% = 3400/100 = 34x
This means the cost to mint AWX increases by 34 times the original amount, in addition to the original amount itself.
So:
The original value (1x) plus
The increase (34x)
Equals 35x total
This means that at the end of the period, 1 AWX costs 35 times more than it did at the beginning, to mint with TITANX.