Friday, April 26, 2024

NGDPLT peg calculations for Q1

(copied from GitHub)

NGDP was $28,284.5 billion, per Table 3 (p. 9), line 1, column 6 of the advance GDP report, which came out today yesterday (Thursday 2024-04-25) at 1330Z (8:30 AM EDT). Per CoinGecko XCHUSD was approximately $30.32 as of that time. Token price calculations are as follows:

2007Q4 NGDP = $14715 billion (base)
2024Q1 NGDP = $28284.5 billion (current)
Inflation factor = 1.05/yr
N yrs = 16.25

$/NGDPLT = (28284.5/14715)/(1.05^16.25) = $0.8699
$/INGDP = 2-0.86833 = 1.1301
$/XCH = 30.32
XCH/NGDPLT = 0.8699/30.32= 0.02869
XCH/INGDP = 1.1301/30.32 = 0.03727

Prices on TibetSwap are close, based on transactions I did this morning. I expect to put in more orders soon to adjust prices more precisely. Peg offers to defend these targets should be up within a few days. Peg offers will remain up for about a week after being posted.

Saturday, January 27, 2024

Official NGDPLT peg calculations for Q42023

(copied from GitHub)

NGDP was $27,938.8 billion, per Table 3 (p. 10), line 1, column 6 of the advance GDP report, which came out Thursday at 1330Z.  Per CoinGecko XCHUSD was approximately $29.64 as of that time.  Token price calculations are as follows:

  • 2007Q4 NGDP = $14715 billion (base)
  • 2023Q3 NGDP = $27938.8 billion (current)
  • Inflation factor = 1.05/yr
  • N yrs = 16
  • $/NGDPLT = (27938.8/14715)/(1.05^16) = $0.8698
  • $/INGDP = 2-0.8698 = 1.1302
  • $/XCH = 29.64
  • XCH/NGDPLT = 0.8698/29.64 = 0.02935
  • XCH/INGDP = 1.1302/29.64 = 0.03813


I have done transactions on TibetSwap this morning to adjust the prices to target. Peg offers to defend these targets should be in later day. Peg offers will remain up for about a week after being posted.

Thursday, January 25, 2024