NewsImprovements to 3rd Party Supply Reporting

Improvements to 3rd Party Supply Reporting

By

March 10th, 2021 - In response to feedback from the Algorand community, the Algorand Foundation worked with leading research websites (e.g. Messari, CoinMarketCap and CoinGecko) to improve the accuracy and timeliness of their circulating and reported supply metrics for the Algo.

We were seeing their quoted figures under-calling circulating and liquid supply by ~10% or greater. To achieve significantly improved accuracy, we have provided these research sites with a live endpoint that enables them to share consistent real-time data on supply of the Algo.

It is important to note that while the reported supply numbers increased after implementing these endpoints, this reflects only an improvement in reporting accuracy and not an injection of tokens into supply.

We are very pleased to confirm CoinMarketCap, CoinGecko and Messari are now utilizing the live endpoint and are reporting consistent real-time data on supply of the Algo.

Latest News

Case Studies

TravelX: Pioneering the Most Unique Enterprise NFT Use Case Yet on Algorand

Blockchain Developer Bootcamps in 2024: A Comprehensive Guide

Blog

Python for Blockchain dApp Development: A Quick Guide