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CRTs: Astronomical marketcaps with 0 transactions #6437

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mochet opened this issue Jul 30, 2024 · 0 comments
Open

CRTs: Astronomical marketcaps with 0 transactions #6437

mochet opened this issue Jul 30, 2024 · 0 comments
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bug Something isn't working pending-triage Requires triage before any work can begin

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@mochet
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mochet commented Jul 30, 2024

Problem

  1. Someone launches a new CRT, there are zero transactions and it gets an astronomical market cap from nothing. If no one has purchased any of the CRT it should logically have a marketcap of zero.
  2. Someone actually purchases the CRT on the market and the marketcap goes down by like 90% to something way more reasonable

The consequence of this problem is that the CRT marketplace gets many CRTs that have very high marketcaps despite having only 1 holder (as can be seen in the below screenshot)
image

It appears that maybe starting a revenue share gives the token a price even if there are 0 TXs, but I am uncertain.

Solution

Any CRT with zero sales/TXs should show a marketcap of zero

@mochet mochet added bug Something isn't working pending-triage Requires triage before any work can begin labels Jul 30, 2024
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Labels
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