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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)
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.
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).
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).
