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Update docs with changed denomination and other fixes/improvements #41

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2 changes: 1 addition & 1 deletion dao/overview.adoc
Expand Up @@ -103,7 +103,7 @@ There are 2 ways of issuing BSQ tokens:

==== Genesis distribution

In the first phase, there will be a genesis issuance of 2,500,000 BSQ tokens, given to the contributors who have worked on the project thus far. In this way, we distribute the value of the project to all participants in proportion to their contributions. Each contributor will hold a certain percentage of the project's total value. We will use the 25 BTC we received over the past years in our donation address as input for the genesis transaction. So, the starting base capital will be 25 BTC. Right after the trading begins, market forces will determine the value of the project.
In the first phase, there will be a genesis issuance of 2,500,000 BSQ tokens, given to the contributors who have worked on the project thus far. In this way, we distribute the value of the project to all participants in proportion to their contributions. Each contributor will hold a certain percentage of the project's total value. We will use 2.5 of the 25 BTC we received over the past years in our donation address as input for the genesis transaction. So, the starting base capital will be 2.5 BTC. Right after the trading begins, market forces will determine the value of the project.

==== Periodic issuance

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2 changes: 1 addition & 1 deletion dao/phase-zero.adoc
Expand Up @@ -150,7 +150,7 @@ In the next section, we'll see how the Bisq DAO and BSQ token have been designed

We introduce a token, BSQ, designed to facilitate a transfer of value from the traders _using_ Bisq to the contributors _maintaining_ it.

BSQ is Bisq's own custom implementation of the _colored coin_ concept.footnote:[Bitcoin wiki, "Colored coins," https://en.bitcoin.it/wiki/Colored_Coins, November 2015.] From the 25 bitcoin (BTC) that have been donated to the project since its inception in March 2014, we create 2.5 million BSQ tokens, such that each BSQ token is represented on the Bitcoin blockchain by 0.00000100 BTC, or 100 satoshis.
BSQ is Bisq's own custom implementation of the _colored coin_ concept.footnote:[Bitcoin wiki, "Colored coins," https://en.bitcoin.it/wiki/Colored_Coins, November 2015.] Using 2.5 of the 25 bitcoin (BTC) that have been donated to the project since its inception in March 2014, we create 2.5 million BSQ tokens, such that each BSQ token is represented on the Bitcoin blockchain by 0.00000100 BTC, or 100 satoshis.

._Initial distribution of BSQ tokens from BTC donations_
image::phase-zero/bsq-distribution.png[Initial BSQ distribution]
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