Discover and read the best of Twitter Threads about #Circulatingsupply

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People get this one wrong a lot because it is confusing as hell.

Does a token burn affect circulating supply or not?

What is circulating supply vs. total supply?

And what are the most common uses when evaluating tokenomics?

(This is post 3 in our BIM series)
#Circulatingsupply measures the quantity of a token ALREADY in circulation, meaning tokens available in the open market.

These tokens are in wallets where they can be sold instantly without or only very short lockups.
A token burn is never done from these wallets (have you ever sent tokens to a 0-wallet on purpose?).

Note: Treasury tokens are NOT part of circulating supply!

Why? Because a treasury is governed and cannot dump on the market (unless it's a straight-up scam project).
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