ERRATUM. The Orion Terminal currently erroneously displays the "Total Vested Supply" as the "ORN Circulating Supply".
06 Aug 2023, 00:04
ERRATUM
The Orion Terminal currently erroneously displays the "Total Vested Supply" as the "ORN Circulating Supply".
Total vested supply: the total amount of ORN that has been vested (but not necessarily sold on the market yet, i.e. not necessarily publicly circulated).
Circulating supply: the amount of ORN that is not controlled by the team, i.e. that has been sold and is in the general public's hands.
AS OF AUGUST 7, 2023
Original mint: 100,000,000 ORN
Permanently removed from circulation: 7,026,926 ORN
Max. total supply: 92,631,255 ORN
Total vested: 87,775,000 ORN
Vested & permanently removed from circulation: 7,026,926 ORN
Net total vested: 80,626,255 ORN (what the Orion Terminal currently displays as the "ORN Circulating Supply")
Real circulating supply: 54,232,179 ORN
NOTES
• We are working with CoinMarketCap and CoinGecko to update the numbers on their platform.
• The Team's allocation (12,000,000 ORN) remains completely untouched, and so is the Foundation Fund (24,000,000 ORN). The Orion team is committed to the long-term success of Orion (ORN).