Applicants apply for grants or bounties and receive funds from funders (supply-side fees).

Gitcoin is a non-custodial funding protocol built on Ethereum. Gitcoin was founded by Kevin Owocki and launched in 2017.

GTC tokenholders own and govern the protocol. They currently take a cut of the total funding paid by funders (revenue). Gitcoin's investors include Paradigm, Ethereum Foundation, 1kx, etc.

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Gitcoin

# Gitcoin Maximum token supply Methodology

## 1. Overview

The Gitcoin maximum token supply metric represents the theoretical maximum number of GTC tokens that can exist according to the protocol's tokenomics design. This is a static configuration value of 100,000,000 tokens that was established at the protocol's launch. The metric serves as a reference point for calculating token dilution, circulation ratios, and understanding the protocol's monetary policy constraints.

## 2. Data sources

This metric relies on static configuration data rather than dynamic blockchain analysis:
- **Protocol tokenomics documentation**: Official Gitcoin governance documentation specifying the maximum token supply
- **Token contract specifications**: Smart contract parameters defining supply constraints
- **Protocol governance decisions**: Community governance decisions establishing the token economics framework

## 3. Step-by-step calculation

### Component A: Static configuration setup
- **Purpose**: Establish the fundamental token supply parameters for Gitcoin
- **Logic**: The calculation uses hardcoded values based on the protocol's official tokenomics design. The launch timestamp is set to May 25, 2021 at 00:00:00 UTC, marking when the GTC token became active. The maximum supply is configured as exactly 100,000,000 tokens, representing the total theoretical supply cap established by the protocol's governance
- **Key fields**: The `timestamp` field marks the token launch date, `timestamp_grain` is set to daily for consistent time series reporting, and `token_supply_maximum` contains the 100 million token cap

### Final aggregation
- **Combining components**: No aggregation is needed as this is a single static value
- **Currency conversion**: Not applicable - this metric represents token quantity, not monetary value
- **Time aggregation**: The metric uses daily grain boundaries for consistent reporting, though the value remains constant over time
- **Final calculation**: The final metric value is exactly 100,000,000 tokens, applied consistently across all time periods using a forward-fill strategy to maintain data completeness in time series analysis

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

GitcoinGTC

Maximum token supply

Maximum token supply

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