Equation 6 · Part 1 · The Unit Economics of a Token
Symbol z
What this part means
the five counts in that order and each p is the corresponding published rate.
Its job in the formula
z is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.
Full expression→Symbol z→Article meaning
Where the article explains it
where n , w , r , y and z are the five counts in that order and each p is the corresponding published rate.
The passage around this formula
where n , w , r , y and z are the five counts in that order and each p is the corresponding published rate. The important feature is the last term: visible output and reasoning share one price, and the reasoning count is the only one of the five you cannot recover by inspecting what came back.
Learn the underlying idea
A variable is a named place for a value. Its letter is a local label: x can mean position in one formula and a data point in another.
Open the illustrated variables: a letter stands for a value guide →
See this notation across published equations →
Sources cited in the article section
These citations provide research context; check each source for the exact claim it supports.