Liquidation math of etheroll

NSFW

So, I have just been doing some valuation numbers in my head (made a post earlier today on dividend yield) and thought I would do some number crunching on the liquidation value.

Currently, there are ~23,681 Ether from the ICO and ~80 Ether in the house profit for a total of 23,761 Ether.

If you divide up 23,761 Ether for every DICE token (7,001,622), you would get ~0.00339 Ether. So if you held 1,000 DICE tokens, you would 3.39 Ether. If you put in 10 Ether for the 1,000 dice (similar to the ICO price), you would be getting 33.9% liquidation value.

Does that sound right?

Edit: Thanks to califreshed, I updated the numbers above.

Edit 2: Since the price has not really moved up much since the ICO (0.01 ETH for 100 DICE tokens as of this morning), should liquidation value be the same? It seems we have an excess of tokens available and I would be in favor of burning more (if that's an option at all).

Posted May 29, 2017, 1:30 AM UTC · edited

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