The cost of a vote on a selected option is calculated using the following formula:
Where:
Tokens on Selected Option is the total number of tokens that have been placed on the selected option.
Total Tokens Across All Options is the total number of tokens placed on all Prediction options.
c is a coefficient that scales the calculation.
Initial Vote Price
The Prediction Creator is required to cast the first vote. As the vote price calculation depends on tokens placed on various options, and since there are no tokens placed on any options initially, a Virtual Token Quantity is introduced to determine the starting vote price.
The value of virtual vote tokens is determined by the token price of the Vote Token. This ensures:
A fair starting price for all options.
Stability in early-stage voting before real tokens are placed.