Circulating Supply Will Be the Only Supply Metric for Algo
Date: Friday, June 23rd, 2023
Circulating Supply will be the only supply metric used for Algo. We will no longer refer to the Liquid Supply metric.
As outlined in our Transparency Report, we are in the process of reviewing the Foundation’s wallet architecture (which currently consists of more than 180 active wallets) with a view to consolidating and streamlining the wallets. This is important for operational efficiency and will give the community an easier picture of the Foundation’s on-chain activity.
In connection with this, we are sunsetting the Liquid Supply metric and therefore the only metric now in use will be the Circulating Supply.
For reference, the Liquid Supply metric was originally developed in connection with the Participation Rewards program that ended on May 15, 2022. Whilst the metric was useful then, the sunsetting of that program negates the usefulness of this alternative measure of supply.
In order to ensure block explorer services receive correct API feeds and can transition smoothly, the legacy Liquid Supply provided will be set to equal Circulating Supply.
The information provided on herein should not be construed as a distribution, an offer to sell, an advice or a solicitation to buy any products or services in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction. It is the responsibility of any persons who access the information herein to observe all applicable laws and regulations of their relevant jurisdiction. By proceeding to obtain the information, you are representing and warranting that all the applicable laws and regulations of your jurisdiction allow you to access the information. Algorand Foundation and our affiliates expressly disclaim all and any responsibility if you access the information herein may not be available or appropriate for use in all jurisdictions or countries, or by all customers or counterparties. Algorand Foundation does not represent or warrant that any information displayed herein is available, suitable, accurate, complete, or up to date for any particular user.