Editing Reputation tokenomics (section)

=== Basic parameters ===
REP valuation models are based on the following parameters:

# <math>R(t)=</math> the total number of REP tokens in the DAO at time <math>t</math>.
# The rate of total fees <math>f'={df \over dt}</math> that the DAO earns. Therefore <math>f(t)</math> denotes the '''total fees''' earned from the beginning of the DAO until time <math>t</math>.
# <math>f_0^1 (t)</math> is the cumulative [[Reputation#REP salary mechanism|reputational salary]] collected for one REP token from start time <math>t_0=0</math> when the token was minted until time <math>t</math>. This is our function of primary concern. After determining its formula, we are most interested in its present value .
# <math>m</math> is the minting ratio. This is the proportion of REP tokens that are minted relative to the fees the DAO collects. The default assumption is <math>m</math>.
# <math>r</math> is the discount rate. This will be the interest rate of the economy, or depending on context, the inflation rate of the stable coin in which the fees are paid, or the [[wikipedia:Consumer_price_index|CPI]]. The default assumption is <math>r=4%.</math>
# <math>L</math> is the lifetime after which a token expires. The default assumption is <math>L=\infty</math>. The token can be programmed to maintain full potency until it expires, or dwindle in power according to an attenuation function. In traditional finance, the lifetime is often referred to as its maturity, or expiration, meaning the initial length of a contract upon its inception. The tenor is the length of time remaining in the lifetime of a financial contract,  <math>L-t</math>.