📊 How We Calculate the TGD Value

The TokenGød oracle fetches real-time prices from the top global cryptocurrencies. Each asset is weighted by market capitalization and its price is normalized to reduce dominance from large caps.

  • We retrieve the top 15 assets from CoinMarketCap.
  • We filter the top 10 non-fiat cryptocurrencies.
  • Each asset’s weight is calculated relative to total market cap.
  • Prices are normalized by dividing by the square root of each market cap.
  • A weighted sum yields the composite value.
  • The result is scaled by 10,000 to stabilize the TGD unit.

A dynamic average grounded in the strongest foundations of the crypto market.

🔍 Total Transparency

Each price update generates an auditable JSON snapshot including:

  • List of cryptocurrencies used in the calculation.
  • Original prices and market caps of each asset.
  • Exact timestamp of the query.

These records are saved in crypto_snapshot.json and can be verified at any time.

🔹 Limitations and Upcoming Improvements

The current model does not yet include advanced anti-manipulation protection or multi-provider validation. Future updates will include:

  • Integration of multiple independent APIs for cross-verification.
  • Digital signature of prices before final blockchain write.
  • Decentralized audits on snapshots and node reports.

TokenGød doesn’t just measure the market. It redefines digital truth.