Numeric Precisions - xGov Beta Architecture
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xGov Beta Architecture
All the percentages MUST have a precision of two decimals and be expressed as basis-points (bps) scaled as Algorand Virtual Machine (AVM) uint64.
Tip
The AVM works withuint64, therefore 100.00%=10,000bps. So, 12.5% of XX is calculated on the AVM as: 1,250bps × X = 10,000bps.