Until now, my understanding of the “hybrid” economics following an AG launch has been as posted in #msg-46578876 (from Feb 2010). Before posting #msg-46578876, I asked Bev in IR how the AG hybrid economics work, and the answer was that MNTA could not give out such details but I was on the right track. I took that to mean that the algorithm in #msg-46578876 was substantially correct.
Intuitively, the algorithm in #msg-46578876 is more logical than the one you describe in #msg-68341563, but logic does not always hold in these kinds of agreements. Your decoding of the redacted text parses, so it is undoubtedly correct, illogical as it may be. Thank you for making the correction.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”