Difference between revisions of "Linden Lab Official:Linden Lab economic metric definitions"
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==Exchange Rate== | ==Exchange Rate== | ||
This chart shows each quarter's average exchange rate. This is the weighted average of the rates at which all LindeX transactions executed in the | This chart shows each quarter's average exchange rate. This is the weighted average of the rates at which all LindeX transactions executed in the quarter. | ||
Note that the exchange rate is expressed in L$/USD, meaning larger numbers represent a lower L$ value and smaller numbers represent a higher L$ value. The average rate is calculated by dividing the total L$ exchanged through the LindeX by the total US$ exchanged through the LindeX in the | Note that the exchange rate is expressed in L$/USD, meaning larger numbers represent a lower L$ value and smaller numbers represent a higher L$ value. The average rate is calculated by dividing the total L$ exchanged through the LindeX by the total US$ exchanged through the LindeX in the quarter. | ||
==L$ Supply (USD)== | ==L$ Supply (USD)== | ||
Revision as of 15:48, 19 January 2011
This article contains the definitions of terms commonly used in blog posts relating to the Second Life economy.
Average Monthly Repeat Logins
This metric measures the average number of returning Residents who logged in during each month of a given quarter. It subtracts the number of Residents who logged in for the first time during a month from the total number of Residents who logged into Second Life at least once in that month and then averages the monthly values for each quarter.
User Hours
This metric measures the total amount of time spent by Residents logged into Second Life in the quarter. It’s calculated by summing the combined length of all user sessions for the quarter.
Monthly Economic Participants
This metric measures the total number of Resident accounts that received or distributed L$ in the quarter. This can include: Activity from transfers between accounts
- Merchant income
- Tips
- Any other L$ transactions
Exchange Rate
This chart shows each quarter's average exchange rate. This is the weighted average of the rates at which all LindeX transactions executed in the quarter.
Note that the exchange rate is expressed in L$/USD, meaning larger numbers represent a lower L$ value and smaller numbers represent a higher L$ value. The average rate is calculated by dividing the total L$ exchanged through the LindeX by the total US$ exchanged through the LindeX in the quarter.
L$ Supply (USD)
This is the same calculation as above, but converted to US$ based on each month’s average exchange rate on the LindeX.
LindeX Volume
This metric measures the gross US$ traded between accounts on the LindeX for the exchange of L$ in the month. Not including fees, this is the total amount all buyers paid for L$ in the month, which is equal to the total amount all sellers received for L$ in the same period.
Web Merchandise Sales Volume
This number represents the total amount of Linden dollars spent by shoppers on our Web-based marketplace for virtual goods that are created and sold by other users in Second Life.
World Size
This is the combined area of all enabled regions in Second Life at quarter end. This includes mainland, Linden Homes, and private regions.