DAO Maker calculates public sale allocations from deposit shares
DAO Maker uses deposit shares to distribute public sale allocations, so an oversubscribed offering can use only part of a contribution. The deposit amount, final purchase amount and unused balance describe different outcomes. Understanding their relationship makes it easier to reconcile settlement before proceeding to a token claim.
Last updated
A deposit records the contribution; the settled allocation determines how much funds the purchase and how much remains unused.
Classic Deposits and DAO Boost
Public offerings distinguish classic USDT deposits from DAO Boost, which converts the contribution into DAO and increases its allocation weight. That conversion changes the asset exposure as well as the calculation. A boosted contribution therefore needs reconciliation in the asset actually deposited, including any applicable price conversion.
Sale Inputs Before Commitment
The selected offering determines which contribution terms apply. Before authorizing funds, establish the deposit option, accepted asset, network and participation requirements. Keep the contribution amount separate from any allocation estimate displayed alongside it. An estimate cannot establish the eventual purchase amount while other contributions can still change the calculation.
Before confirming the contribution transaction, review the amount and operation shown in the confirmation screen. A token spending approval, where required, grants permission; it does not by itself establish a completed deposit.
Shares and the Allocation Pool
Shares measure allocation weight within the public offering. Settlement first divides the available allocation between the classic and boosted portions, then apportions each portion among its contributors. This makes the relevant pool allocation an essential input: using the whole sale target in a calculation for only one portion can overstate the result.
How Is the Final Purchase Amount Calculated?
The classic contribution formula multiplies the individual deposit by the classic pool allocation, then divides by total classic deposits.
Expressed symbolically, the purchase amount is d × A ÷ D. Here, d is the individual deposit, A is the allocation assigned to that pool and D is its total deposits. Keep all amounts on the same asset or valuation basis. Dividing a token quantity by a monetary value without conversion produces a misleading answer.
The relationship explains oversubscription without requiring a fixed participation percentage. When D exceeds A, the ratio A ÷ D is below one. Applying that ratio to the individual deposit produces a purchase amount smaller than the contribution.
Deposit Records and Settlement Records
A deposit record establishes the contribution used as the starting input. A settlement record establishes the amount accepted for purchase. Reconciliation requires matching the participant account and offering across both records, rather than comparing amounts displayed under different accounts or sale rounds.
Preserve the asset denomination alongside each number. A matching numerical amount does not establish agreement if one record measures contribution tokens and another measures the tokens purchased.
A Hypothetical Deposit Reconciled After Settlement
This hypothetical calculation uses a classic pool with a deposit of 742 contribution-asset units, total deposits of 37,100 units and a settled pool allocation of 14,840 units. All amounts use the same asset. Assume the recorded deposit is complete and the pool totals are final.
The Expected Purchase and Unused Balance
The participant calculates 742 × 14,840 ÷ 37,100 = 296.8 units accepted for purchase. Subtracting that amount from the deposit leaves 445.2 units unused. These amounts concern the contribution asset; they do not establish the number of project tokens claimable.
The Settlement Comparison
Matching Amounts
The participant compares the settled purchase amount with 296.8 and the unused balance with 445.2. Their sum is 742, matching the deposit record. The calculation and records agree, so the participant can proceed to review the separate token entitlement.
An Unexplained Difference
If the displayed purchase amount differs, the participant first compares the recorded deposit and pool totals with the inputs above. An earlier estimate or a different pool allocation invalidates this calculation. If the final inputs match but the difference remains unexplained, the participant stops before a further commitment and requests reconciliation using the existing records. Sending another deposit does not correct the arithmetic.
With the deposit and pool allocation unchanged, a larger final deposit total would reduce the calculated purchase amount. A smaller total would increase it while the pool remains oversubscribed, subject to the sale’s contribution limits.
Unused Contributions After Settlement
Unused classic USDT contributions return automatically at the offering’s end; excess DAO from the boosted option requires a manual claim. A calculated unused balance and a completed return are separate states.
Reconcile the return using the contribution asset and the relevant transaction or account record. A change in that asset’s market value does not establish a change in its quantity.
Does Doubling a Deposit Double the Final Allocation?
Doubling a deposit does not necessarily double the final allocation because the larger deposit also changes the pool total. The relationship is proportional only when the other calculation inputs remain fixed.
For an oversubscribed classic pool with a fixed allocation A and other participants’ deposits O, the participant’s amount is A × d ÷ (O + d). Increasing d raises both the numerator and denominator. This explains why a larger contribution increases participation weight without preserving the earlier fill ratio.
The calculation is an algebraic consequence of proportional allocation. It does not predict what other participants will deposit or whether the allocation assigned to the pool will change.
Purchase Amount and Token Entitlement
The accepted purchase amount measures how much contribution value funds the purchase. Converting that amount into project tokens requires the offering’s sale price and denomination. Immediate delivery also depends on the applicable release terms.
Claiming can introduce a separate deduction: the platform describes a fee taken from allocated tokens when a participant claims. Treat the applicable claim charge separately from the unused contribution calculation. A smaller delivered token balance therefore needs comparison with the token entitlement and claim terms, rather than the original deposit alone.
Final Reconciliation Before a Claim
Final reconciliation connects the deposited amount, accepted purchase amount and unused contribution on a consistent basis. The token entitlement then follows from the purchase terms. Keep those relationships separate when reviewing a discrepancy; otherwise an asset conversion or release restriction can look like missing funds.
A completed allocation calculation does not establish a completed return or token delivery. Each outstanding amount should have an identifiable destination or remaining condition before the records can account for the whole contribution.
Answers to common questions
Can Two Equal Classic Deposits Receive Different Allocations?
Equal eligible deposits in the same classic pool produce equal allocations under the proportional formula. If the displayed amounts differ, compare the offering, deposit option and settled inputs. Equal amounts across different pools do not establish equal participation weight or an equal share of available tokens.
Is the Unused Contribution Percentage the Sale’s Oversubscription Multiple?
The unused contribution percentage and oversubscription multiple measure different relationships. For an oversubscribed proportional pool, the oversubscription multiple is total deposits divided by available allocation. Its reciprocal gives the accepted fraction of a deposit. The unused fraction is the remainder, provided both inputs describe the same pool and asset basis.
Should I Round My Deposit Share Before Calculating the Purchase Amount?
Keep the available precision through the calculation and round only when expressing the final result. Rounding the deposit share first can magnify a small approximation when multiplied by the pool allocation. A manual estimate does not establish the settlement system’s rounding rule; reconcile the actual recorded amounts at their available precision.