Supplies and definitions
Posted on : 06 May, 2022 | Last Update - 8 months ago
A clear understanding of asset distribution is one of the most important facts when dealing with cryptocurrencies. A commonly adopted methodology is using the following (3) basic asset arrangements:
1. Maximum Supply: The best approximation of the maximum amount of assets that will exist in the cryptocurrency's lifetime.
2. Total Supply: Maximum supply minus any assets (coins) that have been verifiably burned.
3. Circulating Supply: The best approximation of the number of assets circulating in the market and in the general public's hands. The Circulating Supply is a much better metric than the Total Supply for determining the market capitalization.
Geton's model is built on Startup Ecosystem idea principles. For that reason, asset arrangements are even more detailed - vital and logical if you consider the DPMC model in a logical connection with InstantBeta business development stages and transparent asset flow to the public hands - for determining market capitalization. "Assets that are locked (via smart contracts or legal contracts), allocated to the team or private investors, or not able to be sold on the public market cannot affect the price and thus should not be allowed to affect the market capitalization as well." (Source: )
For that reason and still efficiently supporting InstantBetas development stages, at Geton, assets are stored on Ethereum Mainnet and distributed to:
1. Business Development Supply -
All Total Supply assets are dedicated to supporting InstantBeta project(s) development - managed through Dynamic Price Modeling Concept and community acceptance. According to community actions, assets are flowing into the Ecosystem Community Supply, which is not yet circulating globally and can not be included in determining market capitalization.
2. Ecosystem Community Supply -
This wallet stores a community-owned token supply accumulated through (token) asset's DPMC activities during Geton Ecosystem's Startup development stage. This wallet is an ecosystem's "cold wallet."
According to MetaCoin Resolution, the community can bridge tokens from this wallet to the GetonLedger blockchain and have individual and sole control through MetaMask.
All bridged (transferred) tokens become circulating in the market and in the general public's hands -> Circulating Supply.
3. Liquidity Pool -
A collection of assets from buyback and proportional to their total liquidity is designed to prevent an economic bubble inside the Ecosystem or support ecosystem development activities to achieve a better and better user experience. Also, this supply is not circulating globally and can not be included in determining market capitalization.
4. Assets Deflationary Wallet -
The emission of assets that the Ecosystem has acquired from the community through different features and permanently removed from circulation.
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