oceanprotocol / docs

🐬 Ocean Protocol documentation
https://docs.oceanprotocol.com
Apache License 2.0
61 stars 41 forks source link

FAQ: A's on circulating supply are wrong #1349

Closed trentmc closed 1 year ago

trentmc commented 1 year ago

The issue

Example:

<summary>What is the circulating supply of OCEAN? What is the emission schedule for OCEAN?</summary>

All 1.41 Billion Ocean have been [minted](https://blog.oceanprotocol.com/control-over-the-ocean-contract-to-be-revoked-soon-overview-6c5b15be2db) with approximately 700 million Ocean in circulation. The remaining 51% of the supply is earmarked on an emission schedule identical to Bitcoin's emission mechanism, including the 4-year half-life.
</details>

The issue: "700 million" is wrong. And, it's changing all the time via DF vesting

Datapoints

Berkay recently (Oct 2023) created an API that serves up the proper value of circulating supply.

The API is used by

And we're iterating with coingecko afaik.

Candidate fixes:

Candidates:

  1. revise the Q & A to ignore discussion of circulating supply
  2. use the API somehow
  3. point the user to Ocean site https://oceanprotocol.com/about-us/ocean-token

Analysis:

TODO

Update the FAQ using (3)