🛠️ Token Distribution Index
Last updated
Last updated
The index is calculated by taking into account the percentage of supply owned by a few different categories of holders and applying them a weight that is higher for those categories that impact negatively the distribution of the token.
The index value ranges from 1 to 100, the higher the value, the more supply is concentrated in the top holders. The index is indicative and subjective, it doesn't necessarily represent the quality of distribution of a token, but it gives a general insight.
This is the function to calculate a (kind of) Gini coefficient for the top 1000 holders.