HAC Average Bid

[BevRigby]

Hi @jojoin,
regarding latest discussion in telegram community group i would ask you about HAC average bid that is showed in explorer main page.
Currently it shows that average bid is 15.62HAC

One of the community members raised a question how is that value calculated, because if we multiply current number of diamonds (126679) by HAC average bid (15.62) we get 1 978 726 HAC. 90% of this number should be burned, so we get 1 780 853 HAC burned from diamond bidding. But explorer shows that 1 359 357 HAC was burned to date. Why are these numbers so off? How HAC Average Bid is calculated?

Best regards

[jojoin]

In fact, HACD starts to destroy 90% of the bidding fees from the 30,000th transaction onwards. Therefore, when calculating the average destruction amount, the number of HACD should be reduced by 30,000.