Podcasts Other On The Brink with Castle Island Tim Rice and Ben Celermajer (Coin Metrics) on a new measure of cryptoasset supply (EP.99)

Tim Rice and Ben Celermajer (Coin Metrics) on a new measure of cryptoasset supply (EP.99)

Published: July 6, 2020, 9 a.m.

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Tim Rice, Coin Metrics CEO, and Ben Celermajer, index manager at Coin Metrics join the show to discuss a new supply measure for cryptoassets which takes into account their "free float." This is designed to take into account coins which are immobilized or illiquid, and brings a systematic approach to the issue inherited from traditional capital markets. In this episode:\\xa0

  • Why Coin Metrics developed a "free float" measure of supply and why it\'s informative to investors
  • How CM borrowed from index weighting strategies in equity markets to devise a free methodology for cryptoassets
  • Why the highly auditable nature of cryptocurrencies allows for extremely informative assessments of supply
  • The lack of standards in how supply is assessed among existing data providers
  • Which assets saw the greatest reduction in supply due to the free float adjustment
  • How market capitalization in equities in indexes went through a historical transition from total supply to float-adjusted supply

For more on free float supply, see CM\'s introductory research piece on the topic.\\xa0

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