BigShort Docs

BSC parameters

Economic parameters, asset precision, funding, and risk boundaries of BSC MarketGroup 1.

Supply, curve, and migration

Parameter Current group configuration Definition
Curve supply S 10,000,000,000 Token Fixed market-cap basis, excluding lending mint
Initial actual sale inventory R₀ 8,000,000,000 Token Curve sale
Inventory for migration pairing T₀ 2,000,000,000 Token Deposited with WBNB; not sold on the curve
Lending inventory L₀ 1,997,367,528 Token Separate from curve inventory; minted to the reserved Engine address when Token initializes
Total initial mint S + L₀ 11,997,367,528 Token Burn tax may reduce subsequent live supply
Initial virtual Token reserve 11,070,367,520 Token Pricing parameter, not additional minting
Initial virtual BNB reserve 6.14 BNB Pricing parameter, not deposited startup funds
Initial actual BNB reserves 0 BNB Changes with actual curve trades
Ideal net BNB migration reserves Q₀ 15.998084815592369216 BNB Fixed risk-model anchor; actual deposits depend on the trade path
Ideal protocol market cap at migration M₀ 79.990424077961846080 BNB floor(Q₀ × S / T₀)

Short risk, collateral, and block lock

Parameter Starting point Endpoint / target
Risk market-cap range M₀ = 79.990424077961846080 BNB 70,000 BNB
Model price decline 1,798 bps = 17.98% 9,924 bps = 99.24%
Opening collateral ratio for additional notional 12,000 bps = 120% 10,500 bps = 105%
Safety ratio for debt remaining after a partial close 12,000 bps = 120% Fixed ratio, distinct from the dynamic opening ratio
Minimum TWAP observation window 300 seconds Current group snapshot
Block conditions for exits and liquidation currentBlock > openedBlockNumber After opening/increasing in block N, exit or liquidation is first allowed in N+1

The modeled decline gives theoretical net-sale capacity endpoints, computed with contract integers as 1.509436282603634021 BNB , and 432.000375048343919998 BNB. This is neither an individual user’s executable amount nor a return promise. Confirmed TWAP, current spot, lending inventory, and Pair execution constraints also apply.

Funding and economic configuration boundaries

Parameter Current group configuration
Utilization start / end 10% / 90%
Quadratic coefficients A / B 99,990 / 10 ppm per day
Minimum / maximum daily Funding rate 0.001% / 10%
Funding shares Gross notional denominated in BNB
BigShort Protocol · BSCIssue · Trade · Short