📊 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.