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Rebalancing Set Issuance Details

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Felix Feng edited this page Oct 17, 2019 · 3 revisions

A Rebalancing SetToken is composed of a single base SetToken, and the base SetToken is composed of its components.

Formula for calculating base SetToken components required given a Rebalancing SetToken quantity

baseSetRequired = rebalancingSetQuantity * unitShares / rebalancingSetNaturalUnit

componentRequired = baseSetRequired * unit / baseSetNaturalUnit

Formula for calculating rebalancing Set quantity required

baseSetIssuable = componentQuantity * baseSetNaturalUnit / unit

rebalancingSetIssuable = baseSetIssuable * rebalancingSetNaturalUnit / unitShares
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