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optimal protocol fee

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tim
2026-01-06 15:08:03 -04:00
parent b1245f27fd
commit 838ecb976e
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doc/optimal_protocol_fee.md
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@@ -53,7 +53,7 @@ Evaluating:
- $h(1) = 0$ - $h(1) = 0$
- $h\!\left(\frac{1}{3}\right) = \frac{1}{3} \cdot \left(\frac{2}{3}\right)^2 = \frac{4}{27}$ - $h\!\left(\frac{1}{3}\right) = \frac{1}{3} \cdot \left(\frac{2}{3}\right)^2 = \frac{4}{27}$
The maximum occurs at **$g^* = \frac{1}{3}$**, giving: The maximum occurs at $g^* = \frac{1}{3}$, giving:
| Quantity | Value | | Quantity | Value |
|-----------------------|---------------------------| |-----------------------|---------------------------|