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Author: Admin | 2025-04-27
Yields a circulating supply of 54M FIL while API #2 would yield 31M FIL. Certain cryptocurrency price and market capitalization tracking websites had previously used Filecoin’s API #1 formula, and will in the future switch to using API #2 with a different formula. In order to ensure a smooth transition as those websites switch from the first formula to the second formula, we have paused the circulating supply figure on the API that those particular websites are using (at around 44 million FIL) until the number calculated for API #2 reaches that number, at which point those websites will use the API #2 formula going forward.Members of the community may use each of the different APIs / formulas for calculating circulating supply for particular purposes. For example, Lotus will use API #1 in order to execute various protocol level calculations. Other cryptoasset tracking websites will use API #2 in order to ensure comparability against the calculations used to calculate circulating supply for other crypto networks. Both options will be freely available for the community to leverage and use.
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