Summary: Total supply tells you how many Afreta tokens will ever exist; circulating supply tells you how many are actually tradable today. For long-term holders and product leaders, the delta between those two numbers determines future dilution, pricing power, and how confidently you can forecast treasury, incentives, and governance outcomes.

Total Afreta Token Supply vs Circulating Supply: What It Means for Long-Term Holders

Decision‑makers ask us one question over and over: “Is the supply real?” With Afreta, public documentation is inconsistent in the wild, so we treat “Afreta” as a realistic, practitioner‑grade blueprint that borrows what’s working from leading 2024–2026 protocols—and we show you exactly how to operationalize supply so long‑term holders aren’t flying blind. (7blocklabs.com)

Quick definitions that actually match how exchanges and data sites measure supply

• Total supply: tokens minted to date minus verifiably burned tokens. Think “issued shares.” (support.coinmarketcap.com)
• Circulating supply: tokens realistically in public hands and tradable—excludes team/treasury, locked/vested/escrowed wallets, and other “uncirculated” holdings, even if technically unlocked. (support.coingecko.com)
• Max supply: hard cap coded by the protocol (if any). Fully Diluted Valuation (FDV) = price × max supply. Market cap = price × circulating supply. Neither number matters without the unlock schedule between them. (coingecko.com)
• Multi‑chain caveat: if a token is bridged/minted across chains, serious trackers add chain totals, then subtract uncirculated wallets across both chains; wrapped assets are excluded from global caps to avoid double counting. (support.coingecko.com)

Why this matters: the “gap” between total and circulating supply is your dilution overhang. It tells you how much new float will hit the market—and when.

Case study snapshots: when supply mechanics change outcomes

• Starknet’s unlock fix (Feb 2024) is a masterclass in pacing supply. Instead of a 13.4% one‑day unlock, the team shifted to 0.64% monthly through March 2025, then 1.27% monthly until March 2027—deflating a potential “sell wall” and resetting expectations. If you hold for years, this kind of smoothing directly affects realized volatility and your cost basis. (coindesk.com)
• Curve’s hard‑coded 15.9% annual emission cuts are the gold standard for predictability. Emissions only flow via gauges, rate adjusts once per year, and the schedule can’t be “governance‑patched” on a whim—excellent for modeling future circulating supply. (docs.curve.finance)
• BNB’s auto‑burn is a live example of structural supply reduction: quarterly auto‑burns based on chain activity and price plus real‑time BEP‑95 gas‑fee burns. In 2025 alone, >6.19M BNB were destroyed (~4.2% of then‑circulating), a direct tailwind for long‑term holders. (bnbchain.org)

These aren’t just “tokenomics trivia”—they materially change net issuance and, therefore, the long‑run float long‑term holders will share.

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Afreta: the supply blueprint we’d put in production

Because public Afreta token details online are inconsistent, we use a composite, verifiable design grounded in what exchanges and data providers accept—and in the best post‑2024 precedents above. Here’s the concrete plan we’d ship. (7blocklabs.com)

Target numbers and pacing

• Max/total supply at genesis: 1,000,000,000 AFRE (fixed).
• Circulating at TGE: 6% for market making, partner pilots, and initial ecosystem bootstraps—enough float for healthy order books without inviting mercenary dumping. (support.coinmarketcap.com)
• Emissions: start at 12,000,000 AFRE per month with a 1.2% monthly decay (compounded), programmatic and on‑chain. The 1.2% monthly decay mirrors the spirit of Curve’s predictability while allowing governance to accelerate later by supermajority only. (docs.curve.finance)

Distribution and lock rules

• Ecosystem incentives (36%): streamed over six years; emissions decay as above.
• Treasury (18%): spend caps ≤2.5%/month without a separate DAO vote; diversified into stables and tokenized T‑bills for runway. (governance.aave.com)
• Community workdrops (15%): vested claimable streams tied to on‑chain contributions.
• Team & contributors (14%): 48‑month linear vest from transferability; no cliff; Sablier streams on‑chain for transparency. (docs.sablier.com)
• Strategic partners/MM (8%): 24‑month linear; first 6 months transfer‑restricted by contract.
• Safety module seed (3%): non‑circulating unless slashed.

Rationale for “no cliffs”: Starknet’s 2024 retrace proved that large cliffs can backfire. Linear streaming avoids one‑day supply shocks, is indexable by explorers, and keeps CoinGecko/CMC happy on circulating methodology. (coindesk.com)

Net issuance math you can monitor

• Emission at epoch n: E(n) = 12,000,000 × (0.988)^n.
• Fee‑driven burn: Afreta charges 20 bps base on settlement legs, with 40% of fees routed to buyback‑and‑burn. At $450m monthly settlements and 23 bps blended fees, burn is ~$414k/month; at $0.15/AFRE that’s ~2.76M AFRE removed. Holders can independently verify this with Dune dashboards and burned‑amount events. (docs.dune.com)
• Cross‑over target: at ~$1.2b monthly volume with the same fee bands, burn approaches ~7.36M/month, bringing net issuance near zero by month ~12; a pre‑approved governance switch can accelerate decay to 1.5%/mo thereafter. Long‑term holders get real “supply tightening” without hoping for ad‑hoc buybacks. (docs.curve.finance)

Safety and solvency without perpetual inflation

Seed a safety module (stkAFRE) with a declining emission schedule, risk‑aware cooldowns, and a conservative max slashing parameter in early phases, then shift coverage to protocol cash flows as throughput grows. This mirrors Aave’s 2025 trajectory: fewer emissions, lower slashing over time, more buybacks funded by revenues—better capital efficiency with clear governance controls. (governance.aave.com)

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What “circulating” really means for long‑term holders

Even sophisticated teams get tripped up here. Exchanges and trackers exclude more than just locked tokens:

• Team and founder wallets—even when unlocked—may be excluded if they are deemed “core stakeholders” and not part of public float. This is why publishing labeled addresses (team, treasury, grants, investors) matters. (support.coingecko.com)
• Liquidity in protocol‑owned pools counts as circulating, but if LP tokens are held by a team multisig with transfer restrictions, many trackers treat them as uncirculated. Document your LP positions and policies up front to avoid mislabeling. (coingecko.com)
• Multi‑chain supply: if you bridge, spell out whether you use lock‑and‑mint or burn‑and‑mint because it changes how total and circulating are reconciled across chains. (support.coingecko.com)

For holders, the practical takeaway is simple: ask “Who can sell next month?” not “How many tokens exist?”

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Tooling that takes the guesswork out of supply

If you want CoinGecko/CMC to display accurate circulating supply (and you do), wire these from day one:

1. A public, unauthenticated REST endpoint for total and circulating supply, updated at least every 30 minutes. Include decimals, and make sure Cloudflare doesn’t block their crawler. Example fields: totalSupply, circulatingSupply, burned, vestedUnreleased. (support.coingecko.com)
2. A vesting implementation that explorers can index. Sablier v2/v3 “Lockup” supports linear, cliff‑linear, monthly, exponential schedules, emits standard events, and exposes read methods like getEndTime and streamedAmountOf—so data teams can compute “vested but unwithdrawn” and real‑time unlock calendars. (docs.sablier.com)
3. A Dune dashboard you maintain: label all team/treasury/vesting wallets, show a “float‑adjusted circulating supply” time series, and plot the next 365 days of unlocks and expected buyback burns. This is now table‑stakes for serious governance tokens. (docs.dune.com)

Bonus: if you ever issue on more than one chain, publish an explicit bridging policy and a per‑chain uncirculated wallet list. It will save weeks of back‑and‑forth with listing teams. (support.coingecko.com)

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Reading supply like a pro: a checklist for long‑term holders

• Float growth rate: annualized percent increase in circulating supply over the next 12 months. Anything >25–35% demands a convincing demand story. You can compute this straight from the vesting calendar (e.g., ARB’s monthly vest until Mar 2027 is public and modelable). (docs.arbitrum.foundation)
• Unlock shape: daily/weekly linear vs. big monthly cliffs. Starknet’s 0.64%/1.27% pace is healthier for price discovery than single‑day unlock spikes. (coindesk.com)
• Net issuance: emissions minus burns/buybacks. Ethereum’s EIP‑1559 burn shows how usage‑driven burns can materially offset issuance; the same principle applies to protocol fee burns. (eips.ethereum.org)
• Holder concentration and wallet intent: use Dune to track top‑10 wallets, their activity, and labels (team, market maker, DAO). If “uncirculated” addresses start distributing, alert thresholds should trigger. (docs.dune.com)
• Safety funding source: inflation or cash flow? Aave’s 2025 shift toward buybacks and lower emissions is where mature DAOs are heading; you want alignment with that trend. (governance.aave.com)

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Modeling Afreta’s 12‑month forward float: a concrete example

Let’s assume Afreta hits $450M monthly settlements at launch and scales to $1.2B by month 12, with the fee and burn policy above:

• Month 0 emission: 12.00M AFRE; burn: ~2.76M; net issuance: ~9.24M.
• Month 6 emission: ~11.16M; burn: still ~2.76M (if volume flat); net issuance: ~8.40M.
• Month 12 emission: ~10.35M; burn at $1.2B/mo: ~7.36M; net issuance: ~3.0M.
• Float growth moderates as a function of throughput, not promises. You can chart this in a Dune counter and reconcile it with your supply endpoint and Sablier logs. (docs.dune.com)

Result for holders: credible path to shrinking net issuance without “turning off emissions overnight”—and without trusting discretionary buyback committees.

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Emerging best practices we recommend shipping for Afreta in 2026

• Publish “proof‑of‑supply” docs and endpoints: the exact wallet list excluded from circulating supply, with rationale per CoinGecko/CMC methodology, plus on‑chain proofs of burns and vesting balances. This shortens exchange listings and avoids sudden “CS revisions” that nuke trust. (support.coingecko.com)
• Stream everything: team, investors, ecosystem grants. Cliff‑heavy schedules are out; streams that explorers can index are in. Sablier’s Lockup supports linear, cliff‑linear, and monthly unlocks across 11+ EVM chains and Solana. (docs.sablier.com)
• Make emissions policy explicit and ungameable: immutable decay functions with infrequent, supermajority‑gated switches—à la Curve—beat discretionary “token committee” levers. (docs.curve.finance)
• Tie burns to usage: route a fixed fraction of protocol fees to buyback‑and‑burn (or to long‑term lockers). It’s transparent and aligns token value with product adoption, analogous to BNB’s auto‑burn and EIP‑1559’s base‑fee burn in spirit. (bnbchain.org)
• Proactively communicate unlocks: publish a 365‑day unlock calendar and hold monthly town halls in advance of larger unlock windows. Starknet’s revised schedule is the poster child for how much this matters. (coindesk.com)

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Beware of third‑party listings: demand verifiable sources

If you see an “Afreta” page floating around with a contract and an August 2026 launch date but no verifiable docs, treat it as noise until the team posts signer‑verified disclosures. Your standard should be an official docs site, labeled multisigs, Sablier vesting contracts, and a public supply API. (cryptogugu.com)

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TL;DR for corporate decision‑makers and long‑term holders

• Circulating supply—not total supply—drives near‑term price and long‑term dilution. Demand a labeled, on‑chain reconciliation that CoinGecko/CMC would accept. (support.coingecko.com)
• The best‑in‑class patterns are predictable emissions (Curve), gradual unlocks that avoid cliffs (Starknet), and usage‑linked burns (BNB/EIP‑1559 analogs). Bake these into Afreta’s policy from day one. (docs.curve.finance)
• Put the math and the data in public: a supply API, Sablier vesting, and a Dune dashboard that projects float 12 months out. If you can’t model it, you can’t manage it. (support.coingecko.com)

If you want help turning this blueprint into code and dashboards, 7Block Labs can deliver the contracts, data pipelines, and governance artifacts required to earn—and keep—long‑term holder trust. (7blocklabs.com)

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References

• CoinGecko and CoinMarketCap methodology for total vs circulating supply and multi‑chain handling. (support.coingecko.com)
• Starknet unlock schedule revision (Feb 2024). (coindesk.com)
• Curve’s hard‑coded annual emission reduction mechanics. (docs.curve.finance)
• Aave Safety Module 2025 emission/slashing updates and buyback direction. (governance.aave.com)
• BNB auto‑burn and 2025 burn totals. (bnbchain.org)
• Sablier v2/v3 vesting streams and data extraction for explorers/dashboards. (docs.sablier.com)
• Dune docs for maintaining open supply/unlock dashboards. (docs.dune.com)