Everyone
How unit value is set
Where the price of one unit comes from, who decides it, and how often it changes.
This is the question everyone asks first. The short answer: unit value follows company performance. It is calculated from real financial results, not set by opinion, and not set by your manager.
The calculation#
The value starts at a set amount and moves each period with the company's performance. It does not swing wildly, and it cannot jump too far in any single quarter.
- 1Every plan starts at a starting value per unit, set when the plan is created.
- 2Each period, the company reports its performance figure: gross sales, gross profit, or EBITDA (earnings before interest, tax, depreciation and amortisation), whichever the plan uses. Whichever it is, it reflects how the business actually performed.
- 3The platform measures how much that figure has grown since the last period.
- 4That growth is scaled by a reaction setting, which decides how closely the value follows performance, and then capped, so no single quarter can move the value more than a set amount up or down.
- 5The result is applied to the previous value to give the new one.
Longpass sets the starting value, the reaction and the cap when the plan is created. The company reports the figure each period and publishes the new value. Every step is a number the company can point to.
A worked example#
A plan starts at 12.00 a unit, with a reaction of 0.70 and a cap of 10 percent per quarter. The company's results grow 10 percent over the quarter. Scaled by 0.70 that is a 7 percent rise, which is under the cap, so the value becomes 12.84.
If results had grown 50 percent instead, scaled by 0.70 that would be a 35 percent rise, but the 10 percent cap holds it to 13.20. The cap works both ways: a bad quarter cannot drop the value more than 10 percent either.
An employee holding 350 earned units at 12.84 is holding about 4,494 of value. When the value rises, the same 350 units are worth more. The employee did not receive more units; the units they already had became more valuable.
Who publishes it#
The company records its own quarterly figure and publishes the value from its Token value page. What it cannot change is how that figure becomes a value: the metric, the smoothing and the quarterly cap are configured by Longpass. So the company reports the number, but nobody can simply type in a value they like. That split is what keeps the figure credible for everybody looking at it. An employee cannot publish anything.
Once published, the new value appears immediately in every employee portal for that company.
How often it changes#
Most companies publish once a quarter or once a year. Between publications the value stays where it is. Your portal always shows the most recently published figure and the date it was set, so you know how current it is.