# Pass

<figure><img src="https://2008796694-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FbwEV5gzHO7TQrUFQNrOU%2Fuploads%2FXWepcGQOOKCZdbX2LaMl%2Fimage.png?alt=media&#x26;token=b24aef99-c597-45f6-9e96-b180ae9e7a54" alt=""><figcaption></figcaption></figure>

**Pass** is your personal Social Token on Berally, representing your fame and skills. You can flip your own Pass and others’, and holding at least 1 Pass of Caesar gets you into his private group chat and gives you access to Caesar’s crowdfunding vault, aka the Pot.

## Price Curve

When you join Berally, you’ll pick a "Price Curve" for your Pass. This decides how the price will change as more Passes circulate. Here’s the formula:

$$
Price = (Circulating Supply)^2/X
$$

Where:

* **Circulating Supply:** Number of Passes in the market
* **X:** A constant that controls how wild the price swings

## Pick your curve

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1. <mark style="color:green;">**Friendly (X = 500)**</mark>

   Prices rise and fall smoothly. Perfect if you want to keep it chill and make it easy for other Beras to join your crew.
2. <mark style="color:yellow;">**Neutral (X = 100)**</mark>

   Prices adjust at a balanced pace. Good balance if you’re looking to keep it fair
3. <mark style="color:red;">**Aggressive (X = 30)**</mark>

   Prices spike and dip fast. Go for this if you’re aiming for an exclusive, tight-knit crew.

## Examples for you bozos

**Circulating Supply:** 50 Passes&#x20;

Calculating the Pass price for each price curve:

* **Friendly Curve:**&#x20;

$$
Price = (50)^2/500= 5 BERA
$$

* **Neutral Curve:**&#x20;

$$
Price = (50)^2/120= 20.83 BERA
$$

* **Aggressive Curve:**&#x20;

$$
Price = (50)^2/30= 83.33 BERA
$$

## Whose Pass should I buy?

* Someone with good alfa
* Someone attracting volume for quick flips (friendtech flashback)
* Someone with proven Pot performance

<figure><img src="https://2008796694-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FbwEV5gzHO7TQrUFQNrOU%2Fuploads%2FT5mpB9quT7zA2zKEbysV%2Fimage.png?alt=media&#x26;token=39f72ecc-0a00-4567-a5d8-59b41ef02c67" alt=""><figcaption></figcaption></figure>

## Tax&#x20;

There’s a 5% tax on all Pass buying and selling. Here’s how it splits: 3% goes to the Pass owner, 0.5% to the referrer, and 1.5% to Berally Treasury.
