The Unit Selection Criteria
be the total current supply of the Rank 1 currency (currently Bitcoin), and let
be the golden ratio
. Then the coins in The Unit must satisfy the following conditions.
- 1.Valuation: Market capitalization is greater than. Moreover, 180D average daily capitalization must be greater than.
- 2.Volume of Trade: The currency trades widely with at least a year of public trading. Ifis the 180D average market capitalization to trading volume ratio*. The 180D average daily volumes must be greater than.
- 3.Issuance: The consensus rules must define the currency supply.
- 4.Availability: As a weak rule, 50% of the supply must be available for trading.