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The redemption function is intended to provide organizations members to have a claim on the organizations assets, but organization tokens also grant members other rights such as voting. In order to support the concept of voting and non-voting members redemptions should allow for two tokens to be configured and treated as a single balance for the purpose of redemptions.
Total_Supply = Token Supply 1 + Token Supply 2
When a member redeems they would be able to pick how much of either token they want to redeem and the calculation for percentage of assets would be (Total_Tokens / TotalSupply) * Asset
The text was updated successfully, but these errors were encountered:
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changed the title
Support for voting and non-voting organizations
Support for voting and non-voting membership
Feb 8, 2020
The redemption function is intended to provide organizations members to have a claim on the organizations assets, but organization tokens also grant members other rights such as voting. In order to support the concept of voting and non-voting members redemptions should allow for two tokens to be configured and treated as a single balance for the purpose of redemptions.
Total_Supply = Token Supply 1 + Token Supply 2
When a member redeems they would be able to pick how much of either token they want to redeem and the calculation for percentage of assets would be
(Total_Tokens / TotalSupply) * Asset
The text was updated successfully, but these errors were encountered: