I just went through to calc the vwap for a specific range of dates (pita) anyhow… after i got that number, i was like… this is crazy. i think its easier to just do AVG daily (high/low) and avg over x days. (i think both picked 7) thats your avg price.
the results are almost identical. is there a huge advantage of doing it the VWAP way? higher token value make bigger difference maybe? its like .034 and .0336 sorta diff. (dont recall exactly) anyhow. just discussion 
Time series of a…week? month?
wouldnt the basic avg be same too then?
it was a diff of .0003 diff (on .04344 fox price)
Maybe you could use TradingView’s VWAP indicator… seems like you can define specific/custom periods. It does require an account to use indicators, but it should be free to make one:
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My question is …more like why bother? just do an avg per day (high/low) and avg over whatever days, and then divide by the Bonus total. to get how many fox tokens the WS gets.
after that, its whatever KPI was setup.
(why complicate it)
Well for the two proposals which decided to use this metric I guess the question “why” doesn’t matter anymore 
That’s what FOX Holders decided, and that’s what ought to be used for them.
But for the future proposals, I guess the argument is that including volume in the average calculation (because in all cases these are averages) helps making sure it can’t be gamed as easily if FOX liquidity ever became an issue (and we had way more wild swings).
But maybe asking the one who first introduced this idea, @0xean , would be better: why did you prefer a VWAP over another form of averaging for Engineering’s bonus?
well ,ya. whats past is past. my q was def more why this method when the other gets similar results. in discussion i did get a possible scenario … so might be why. but would love to hear more actual reasonings on the setup benefits.
I just thought it was a more fair metric than using a time based price (TWAP). If you have 10x more volume one day than the next, I think the prices from the day with higher volume should matter more. Its not abnormal to see large spikes in volume for FOX.
I don’t personally find the calculation’s complex for a one week VWAP the way it was done, so saw little downside in this approach.
Ideally the VWAP would be an actual VWAP of all traded prices in the day, but the sheet simplifies by assuming that the mid price (High - Low / 2) is the price at which all volume traded on the day.
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I suppose if it went up alot, it might make a difference. just the basic avg was about the same. hm ok, cool thanks for the answer
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