Burn Impact

Live ZIG and ZAG burns are converted to a MOTION equivalent at 100:1. This is the amount of future MOTION circulation those burns destroyed.

Other Exclusions

500K MOTION is vaulted forever. The foundation treasury exclusion is read directly from its live MOTION token account.

Live Circulation

Circulating MOTION is the fixed 20M supply minus the live burn impact, 500K vaulted forever, and the live foundation balance. Staked MOTION remains circulating.

FDV vs Market Cap

FDV uses 20M minus the 500K permanent vault and burn impact. Market cap additionally removes the live foundation balance.