MAYZ - Whitepaper V2
  • INTRODUCTION
    • What is MAYZ?
    • Why MAYZ?
    • How Does MAYZ Work?
      • Types of Members
      • Fund Creation Process
      • Escrow Service
    • Protocol Path
      • MVP
      • Release 1: Full Cardano
      • Release 2: Cross-Chain Goal
    • Token Types
      • MAYZ Utility & Governance Token
      • Fund Token
    • Tokenomics
      • Total Distribution
      • Vesting Schedule
  • MAYZ PROTOCOL
    • Technical Document
      • General Aspects
        • Mutual Funds
        • Liquidity Pools
      • Purpose of MAYZ Protocol
      • MAYZ Holders Community
      • Protocol Contract
        • Definition
        • Functioning
      • Fund Contract
        • Definition
        • Functioning
      • ADA/LP Swap Contract
        • Definition
        • Operation
      • Escrow Agreement
        • Definition
        • Operation
      • Investment Unit, LP and uLP Token
        • Definition
        • Decimals and fractions
        • Recommendations
        • ADA in the Investment Unit
        • Investment Unit, LP Token and uLP Token Value
      • Deposits in the Fund
      • Withdrawals from the Fund
      • Fund Re-Indexing
      • Commissions
        • Payment of Commissions
        • Charging Commissions
        • Recovering Fees
      • UTxOs of Deposits in the Fund
      • Oracle Contract
  • Cardano Fund
    • What is Cardano Fund?
      • Cardano Fund
      • Passive Investment Strategy
    • Why Cardano Fund?
      • Cardano Fund Vision
    • How Does the Cardano Fund Work?
      • Spects
      • Where to Start
  • MAYZ
    • Development Roadmap
    • Meet the Team
    • Funding Strategy
    • ISPO
    • Knowledge Base
      • Why Cardano?
      • What is a smart contract?
      • What is an Index?
      • What Is a Blockchain Oracle?
      • What is a Cross-Chain Bridge?
  • Links
    • Website
    • Twitter
    • Discord
    • Medium
  • BRAND KIT
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On this page
  1. MAYZ PROTOCOL
  2. Technical Document
  3. Investment Unit, LP and uLP Token

Recommendations

It will be recommended that the amount of each of the tokens in the Investment Unit be as small as possible in order to help those who want to deposit as few tokens as possible in a Fund.

Following this advice, it would not be recommended to use the following as the Investment Unit:

  • 2000 of Token A

  • 80 of Token B

  • 20 of Token C

If someone wished to deposit only 100 of Token A, 4 of Token C, and 1 of Token C, even though they respect the same proportion, he would not be able to do so because we would be talking about 1/20 UI. In this case, the UI tokens are all divisible by 20, but there may be cases where some may be divisible and others may not. These checks could make contracts more complex. Preferably to avoid them. That is why we will not use fractions of UI.

On the other hand, if you use the previous UI:

  • 100 of Token A

  • 4 of Token B

  • 1 of Token C

It allows the one who wishes to deposit a small amount of tokens and also the one who wishes to deposit a lot; for example, this investor could deposit 20 UI if he/she wanted to and with that reach the same amount of tokens that were in the UI presented above.

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Last updated 2 years ago