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Privax Math accrual

Why a share is worth more tomorrow than today.

Share price

Shares convert at (totalBacking + 1) / (totalShares + 1e6). Donations add PRIVAX to totalBacking without adding shares, so every share's value rises. Conversions round down, so the value per share never decreases.

Sources of yield

  • Creator fees harvested by the Privax Fee Circuit and donated.
  • PRIVAX sent to the Privax Math by plain transfer, absorbed as a donation.
  • Anyone calling donate().

Public PRIVAX earns nothing

Only shares grow. Holding PRIVAX in your wallet does not receive the yield.