AMKT Methodology Calculation

Asset Supply

AMKT will utilize the circulating supply of an asset to calculate free-float market capitalization to determine inclusion and relative weighting. Circulating supply is defined as the supply of available units of an asset available to be moved from one deposit to another or available for trading, as defined by the DAO.

Exponential moving average is used to avoid price and market capitalization manipulation during rebalances and reconstitutions.

Market Representation and Selection of Constituents

AMKT will include the top representative cryptoassets based on their free float market capitalization size. The process for selecting these assets is as follows:

  1. Free float market capitalization will be calculated by using the 5-day exponential moving average circulating supply of an asset multiplied by its 5-day exponential moving average price. Exponential moving average is used to avoid price and market capitalization manipulation during rebalances and reconstitutions.

  2. The representative constituents with the largest free float market capitalization will be selected for inclusion in the AMKT index.

    1. A constituent's relative circulating market capitalization needs a minimum of .01% allocation to be considered for inclusion in the AMKT index.

    2. There is a limit of 15 constituents for AMKT, and only the largest % allocations will be considered.

Weighting

The selected constituents will be weighted according to their relative free float market capitalizations. These weights are calculated by dividing the free float market capitalization of an asset by the total free float market capitalization of all the assets at the time of rebalance and reconstitution.

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