Index Details

APX V2 MADCAKEUSD Index Details

How does it work?

drift = （\frac{\mathrm{cakeCurrentPrice}}{\mathrm{cakeLastSecondPrice}} - 1）*3

\sigma = \frac{expected vol}{\sqrt{3600*24*365}}

norm = \text{norminv}\left(Random, 0, 1\right)

S_{n+1} =S_{n} * e^{\left[\left({drift} - \frac{\sigma^2}{2}\right) * dt + \sigma * \sqrt{dt} * norm\right]}

where:

Initial Sn=1000
dt=1
expected vol：100%(expected vol is the expected time volatility of the MADCAKE)
the "Random number" is calculated based on the current CAKE price with 8 decimal places of precision

import hashlib
from decimal import Decimal

# Assume the current Cakecoin price is 2.56788991
Cakecoin_price = Decimal("2.56788991")

# Calculate the SHA-256 hash of the Cakecoin price
price_hash = hashlib.sha256(str(Cakecoin_price).encode("utf-8")).hexdigest()

# Extract the first 4 hexadecimal digits from the hash
hash_substring = price_hash[:4]

# Convert the hexadecimal string to an integer
hash_integer = int(hash_substring, 16)

# Divide the integer by 65535 (the decimal value of the hexadecimal number FFFF), to get a number between 0 and 1
random_number = hash_integer / 65536

print(random_number)

If the random number is counted as 0, MADCAKE price will stay the same

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Last updated 10 months ago

import hashlib from decimal import Decimal # Assume the current Cakecoin price is 2.56788991 Cakecoin_price = Decimal("2.56788991") # Calculate the SHA-256 hash of the Cakecoin price price_hash = hashlib.sha256(str(Cakecoin_price).encode("utf-8")).hexdigest() # Extract the first 4 hexadecimal digits from the hash hash_substring = price_hash[:4] # Convert the hexadecimal string to an integer hash_integer = int(hash_substring, 16) # Divide the integer by 65535 (the decimal value of the hexadecimal number FFFF), to get a number between 0 and 1 random_number = hash_integer / 65536 print(random_number)