ByAUJay
Afreta Token Circulating Supply Explained: How Much Afreta Is Really on the Market?
A practical, numbers-first guide for decision‑makers: what “circulating supply” actually means, what’s verifiably live for Afreta as of January 7, 2026, and exactly how to model Afreta’s float month‑by‑month using the latest aggregator standards.
Executive summary
- There is no verified, live Afreta token on major data aggregators as of January 7, 2026. “Afreta” currently refers to a composite tokenomics blueprint published by 7Block Labs, not a listed asset. Any circulating-supply figures you see elsewhere should be treated as unverified. (7blocklabs.com)
- If you implement the Afreta blueprint, the correct way to compute “how much AFRE is on the market” is to start from Total Supply and subtract all non‑circulating wallets (treasury, team, vesting, safety module, ecosystem reserves, bridged escrows) across all chains, following CoinGecko/CMC/Messari rules. (support.coingecko.com)
What “circulating supply” actually means in 2026
Crypto data providers have converged on a “public float” model:
- Circulating supply is Total Supply minus all non‑circulating wallets. Non‑circulating includes locked/vested allocations, treasury/foundation balances, investor/team holdings, and any tokens with transfer restrictions—even if technically unlocked. (support.coingecko.com)
- Aggregators may list supply as “unknown” if they can’t verify the above via team‑disclosed addresses or on‑chain proofs. CoinGecko explicitly marks circulating supply as “-” until it can verify the data and prefers team‑provided, on‑chain verifiable endpoints. (coingecko.com)
- Expect differences among sources. Messari documents why circulating supply can diverge across vendors because classification (e.g., unlocked team wallets) is judgment‑based. (docs.messari.io)
Why this matters: market cap is price × circulating supply. Misclassifying treasury or insider wallets as “circulating” inflates market cap and understates concentration risk. CMC explicitly analogizes circulating supply to public float in equities and excludes insider/unsellable holdings. (support.coinmarketcap.com)
So… how much Afreta is really on the market today?
Short answer: none that’s verifiably recognized by major aggregators as of January 7, 2026.
- 7Block Labs published “Afreta” as a realistic, practitioner‑grade token design—not as a launched asset. The piece explicitly notes public documentation about any live “Afreta” project is scarce and inconsistent, so the article treats Afreta as a design case built from proven precedents. (7blocklabs.com)
- Some third‑party trackers claim an “Afreta” contract and even future‑dated launch claims, but these are not corroborated by CoinGecko/CMC listings. Treat such pages as non‑authoritative until a contract is verified by a reputable aggregator. (cryptogugu.com)
Given that reality, this post focuses on the Afreta blueprint’s numbers and shows exactly how to calculate a credible circulating supply at and after TGE if/when Afreta ships.
The Afreta blueprint: the numbers that drive float
From 7Block Labs’ design spec (AFRE = Afreta token):
- Fixed supply: 1,000,000,000 AFRE
- Initial circulating at TGE: 6% (for bootstrap, market‑making, and partner pilots)
- Allocations: 36% ecosystem incentives (with decaying emissions), 18% treasury/runway, 15% community airdrops, 14% team/contributors (48‑month linear vest, no cliff, 30‑day cooldown to sell), 8% strategic partners/MM (24‑month linear, first‑6‑month transfer restrictions), 3% safety module seed, optional 0–10% public sale offsetting treasury
- Emissions note: “start at 12,000,000 AFRE per month and reduce the rate by 1.2% monthly (compounded)” routed 60% to liquidity gauges, 25% to oracle/validator rewards, 15% to workflow integrators
- Fee policy: settlement fees fund buyback‑and‑burn, treasury, safety, and veAFRE voter rebates. (7blocklabs.com)
Those parameters are intentionally modeled on what worked in 2024–2025:
- Predictable emissions decay (Curve’s hardcoded ~15.9% annual cut is a reference point for making supply more scarce predictably). (news.curve.finance)
- Safety modules shifting from inflation to cash‑flow and buybacks (Aave’s 2025–2026 governance trend). (governance.aave.com)
- Better unlock communication and pacing (Starknet’s revised schedule after community pushback). (coindesk.com)
Critical fix: align emissions math to the 36% budget
If you stream 36% of supply (360,000,000 AFRE) over 6 years (72 months) with a 1.2% monthly decay, the starting monthly emission must be approximately 7.44 million AFRE—not 12 million—to exactly fit the 360 million total.
- Geometric series with monthly decay d = 0.988 (−1.2%):
r0 × (1 − d^72) / (1 − d) = 360,000,000
Solving yields r0 ≈ 7,438,990 AFRE. - If you start at 12,000,000 AFRE/month and decay by 1.2% for 72 months, you would emit ≈580.7 million AFRE—overshooting the 36% allocation by ~220.7 million. Correct by either lowering r0 to ~7.44M or capping the stream when the 360M cap is reached. (Computations available upon request.)
Why this matters to circulating supply: emissions are the primary fuel for float expansion (once distributed to public LPs, workers, and integrators). Correct math prevents accidental “supply creep” that can erode price and credibility.
Exactly how to compute Afreta’s circulating supply at and after TGE
Use this four‑step process aligned to aggregator standards:
- Start with Total Supply on the canonical chain(s)
- For Afreta: 1,000,000,000 AFRE at genesis. If multi‑chain at launch, treat native issuance separately per chain and add them; if bridged, the canonical chain holds the issued supply and other chains hold representations that must be reconciled via lock/release or burn/mint logic. (support.coingecko.com)
- Subtract all non‑circulating wallets
- Treasury 18% (locked for policy; even if technically transferable, CG/CMC typically exclude these balances).
- Team 14% linear over 48 months (exclude entire unvested tranche; many data vendors also exclude unlocked team balances until demonstrably in public hands).
- Strategic partners 8% during transfer‑restricted window.
- Safety module 3% (seed collateral, non‑market).
- Ecosystem reserve portions not yet emitted, plus any unvested allocations in vesting contracts.
- Any escrow/bridging contracts. (support.coingecko.com)
- Add tokens that are credibly in public hands
- Initial 6% bootstrap pool at TGE.
- Emissions distributed to LPs, oracle operators, and integrators (post‑distribution these are public wallets).
- Staged community airdrop tranches as they hit user wallets.
- Adjust for burns and formalize multi‑chain accounting
- Burns permanently reduce Total Supply; buyback‑and‑burn reduces circulating and total.
- If Afreta spans multiple chains, keep a public “supply ledger” proving lock/release or burn/mint parity and net outstanding across chains. CCIP token pools (lock‑release vs burn‑mint) and Circle’s “Bridged USDC Standard” are solid patterns for clear supply reconciliation and smooth upgrades to native issuance. (docs.chain.link)
Formula you’ll actually use (per chain, then sum):
Circulating = Total − Treasury − Team/Advisor (unvested and, often, unlocked insider holdings) − Strategic (locked/restricted) − Safety/Insurance − Escrows/Bridges + Public Emissions + Public Airdrops − Burns. (support.coingecko.com)
Worked example: Afreta float through Month 12 (conservative case)
Assumptions (aligning to blueprint and aggregator practice):
- Use corrected emissions r0 ≈ 7.44M AFRE in Month 1, decaying 1.2% monthly, totaling 360M over 72 months.
- Routing: 60% LPs, 25% oracles/validators, 15% workflow integrators. Treat all three as circulating once distributed.
- No public sale; keep treasury at 18% non‑circulating; safety module seed at 3% non‑circulating.
- Team linear vesting is excluded from circulation per CG/CMC norms—even if technically transferable—until demonstrably distributed to public markets. (support.coingecko.com)
Initial state at TGE (Month 0):
- Total Supply: 1,000,000,000
- Circulating: 6% = 60,000,000
Emissions to public over Months 1–12 (sum of first 12 terms):
S₁₂ = 7.439M × (1 − 0.988¹²) / (1 − 0.988) ≈ 83.3M AFRE newly emitted, all to public recipients (60% LPs ≈ 50.0M; 25% oracles ≈ 20.8M; 15% integrators ≈ 12.5M).
Circulating at Month 12 (pre‑burn): ≈ 60.0M + 83.3M = 143.3M AFRE.
If buyback‑and‑burn retires, say, 0.30% of average monthly float (illustrative) from fee revenue in Year 1, total burns might retire ~0.4–0.5M AFRE by Month 12, leaving circulating ≈ 142.8–142.9M. Your actual burn rate depends on fee throughput and buyback policy; publish it on‑chain for auditability. (Method consistent with supply accounting used by aggregators.) (support.coingecko.com)
What if you’d kept the 12M/mo start? You would have injected ≈134.8M AFRE in Year 1, lifting circulating to ~195M by Month 12—meaningfully higher near‑term float and likely more price overhang. Fixing r0 to ~7.44M tightens supply and credibility.
Multi‑chain clarity: avoid “phantom float”
If Afreta deploys on multiple chains:
- Pick a canonical issuance chain and publish a real‑time supply map: native outstanding per chain, plus bridged representations and the corresponding lock/release or burn/mint balances.
- For bridges, prefer fully audited token‑pool patterns where supply math is explicit. Chainlink CCIP provides standardized LockRelease and BurnMint token pool contracts that make supply flows auditable across chains. (docs.chain.link)
- If you later upgrade from bridged to native on a chain, follow Circle’s Bridged USDC Standard—ownership handoff and burn of the bridged collateral ensures continuity of holders and apps without double counting supply. Publish the migration plan and before/after snapshots. (circle.com)
What top projects do to prove circulating supply (and Afreta should copy Day 0)
- Publish a live “non‑circulating wallet registry.” Chainlink maintains public lists of reserve/legacy wallets and discloses release schedules—this is the gold standard for trust in float figures. Do the same for Treasury, Team, Safety, Ecosystem, and any bridge escrows. (chain.link)
- Expose a simple, unauthenticated REST endpoint returning Total and Circulating Supply with decimals, polled every 30 minutes by aggregators. CoinGecko explicitly requires this for automated verification. (support.coingecko.com)
- Lock vesting in audited, transparent contracts. OpenZeppelin’s VestingWallet (and variants with cliffs) is widely used, battle‑tested, and legible to analysts’ tooling. Avoid bespoke vesting that confuses data pipelines. (docs.openzeppelin.com)
- Treat unlock communications as existential. Starknet’s 2024 change to a slower, clearer schedule shows that people care more about predictability than speed. Publish an on‑chain unlock dashboard and notify exchanges and data vendors of any changes before they happen. (coindesk.com)
- Shift emissions to cash‑flow as usage grows. Aave’s Safety Module reforms (less inflation, more buybacks) tightened free float without starving coverage—align your budget to similar principles as fee revenue ramps. (governance.aave.com)
The right KPI set for circulating supply risk
- Circulating Supply Ratio (CSR) = Circulating / Total. Target a gradual, modeled path (e.g., 6% at TGE toward ~25–35% by Year 2) rather than sharp jumps. Publish an expected CSR curve. (blog.sivo.it.com)
- Outstanding Supply vs Circulating Supply. CoinGecko introduced “Outstanding Supply” to separate truly active public float from idle but unlocked balances. Consider reporting both to reduce disputes with analysts. (support.coingecko.com)
- 30‑day Real Distribution. Track how much of new emissions reached unique addresses with non‑team tags and had at least one downstream transfer—i.e., tokens that actually “circulated.” This aligns with the spirit of CMC’s public‑float framing. (support.coinmarketcap.com)
- Concentration. Publish the top‑10 and top‑100 holder shares excluding known non‑circulating wallets. Address concentration risks early with lock/bond programs (e.g., ve‑style locks) to turn mercenary LPs into longer‑term voters, mirroring refinements seen in ve(3,3) ecosystems. (7blocklabs.com)
Practical checklists
For founders/treasurers shipping Afreta:
- Before TGE
- Fix emissions math so the 36% stream sums to exactly 360M over 72 months (r0 ≈ 7.44M with 1.2% monthly decay).
- Deploy VestingWallet contracts for Team, Partners, Airdrops.
- Publish non‑circulating registry addresses and bridge design.
- Stand up a public supply API; pre‑brief CoinGecko/CMC/Messari with wallet maps. (docs.openzeppelin.com)
- First 90 days
- Ship an on‑chain unlock dashboard, and notify data vendors of any parameter changes a week in advance.
- Start weekly buyback‑and‑burn with published policy ranges; post burn proofs.
- Review Safety Module rewards quarterly, biasing toward fee‑funded coverage as usage grows. (governance.aave.com)
For analysts and enterprise buyers evaluating Afreta:
- Verify that the contract(s) and supply endpoint are live and match explorer balances.
- Recompute Year‑1 float using the corrected emissions curve; stress‑test with +/−25% changes in fee‑funded burns.
- Confirm whether team unlocks are excluded from aggregator circulating supply until distribution.
- Check that bridges reconcile 1:1 via lock/release or burn/mint with public proofs. (docs.chain.link)
Frequently asked “but how do I model X?” questions
-
What if Afreta later adds a public sale?
Reduce treasury by the public‑sale percentage and treat sold tokens as circulating on settlement. Update the non‑circulating registry and notify aggregators via your supply endpoint. (support.coingecko.com) -
What happens to circulating supply when buybacks occur?
Buybacks remove tokens from public hands; burns then reduce Total Supply. Report both the buyback volume and the burn TX. Over time, this tightens float if emissions decay faster than distribution. -
How do emissions tie to governance and liquidity quality?
Following the Curve playbook, predictable decay plus ve‑style voter direction helps keep emissions targeted and reduces waste. Weekly/epochal decay and clear end‑states build trust in the supply curve. (news.curve.finance)
Bottom line
- Today’s verifiable answer is that Afreta does not have a recognized, tradable circulating supply on major data platforms as of January 7, 2026. Treat any public numbers claiming otherwise as unverified. (7blocklabs.com)
- If you green‑light the Afreta blueprint, your circulating supply at TGE is 6% (60M AFRE). From there, use the corrected emissions curve (r0 ≈ 7.44M, −1.2% monthly decay) and standard exclusions to track float. Publish a non‑circulating registry, a public supply API, and run predictable buyback‑and‑burn. This is how you avoid “phantom float,” keep market cap honest, and earn trust from analysts and enterprise users. (7blocklabs.com)
Brief in‑depth details: Afreta circulating‑supply math you can lift
-
Emissions stream (corrected):
r0 = 360,000,000 × (1 − d) / (1 − d^72), with d = 0.988 ⇒ r0 ≈ 7,438,990.
Month t emission = r0 × d^(t−1).
Year‑1 emission sum ≈ 83.3M AFRE; expected circulating at Month 12 ≈ 143.3M pre‑burn. -
Non‑circulating registry template (minimally):
- Treasury multisigs (L1 + L2)
- Team vesting contracts (by tranche)
- Partner vesting contracts
- Safety module contracts
- Escrow/bridge contracts (per chain)
- Any ecosystem reserve wallets
-
Public supply API (example fields):
{ total_supply, circulating_supply, chain_breakdown[], non_circulating_wallets[], last_updated }
Host it unauthenticated; ensure 30‑minute cache cadence for CoinGecko intake. (support.coingecko.com)
Sources and further reading
- Afreta tokenomics blueprint by 7Block Labs, including supply, allocations, and emissions design. (7blocklabs.com)
- CoinGecko circulating supply and supply‑endpoint requirements; CMC definitions; Messari methodology. (support.coingecko.com)
- Curve’s immutable emission cuts (~15.9%/yr) as an emissions‑decay reference. (news.curve.finance)
- Starknet’s revised unlock schedule (communication best practices). (coindesk.com)
- Aave’s 2025–2026 Safety Module emission reductions and buyback tilt (migrating from inflation to cash flow). (governance.aave.com)
- Chainlink’s public non‑circulating wallet disclosures (transparency model). (chain.link)
- Circle’s bridged‑to‑native USDC standard and migration guides (multi‑chain supply clarity); CCIP token pools. (circle.com)
7Block Labs helps startups and enterprises model token supply the way analysts actually score it—and ship the on‑chain disclosures that keep your market cap honest. If you want our team to review your circulating‑supply math or build your public dashboard, reach out.
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