Official Organization for Circulating Supply Data
The Terra community is working hard to bring back the glory days of LUNC and USTC. They’ve proposed making Allnodes the official organization responsible for tracking and providing accurate circulating supply data for LUNC.
Why Allnodes?
Allnodes will ensure that the data is:
- Well-documented
- Correct
- Calculated using an agreed-upon method
This prevents unauthorized changes that could harm the network.
Proposed Calculation Method
The proposed method for calculating LUNC’s circulating supply is to subtract:
- Unvested tokens
- Community pool holdings
- Staked and bonded tokens
from the total supply.
FCD API as Official Source
If passed, Allnodes’ FCD API will become the official source of information for:
- LUNC’s circulating supply
- USTC’s circulating supply
- Other native tokens
Voting Status
As of now, only 5.46% of authorized voters have participated. Voting closes on May 19th, so there’s still time for the proposal to pass.
