Borrowers deposit funds into Raft and receive R stablecoin.

Raft is a non-custodial stablecoin protocol built on Ethereum. Raft was founded by David Garai and Dorde Mijovic and launched in 2023.

The governance structure of the Raft protocol will consist of a 3/5 multisig controlled by a combination of Raft and outside members.

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Raft

# Raft Maximum token supply Methodology

## 1. Overview

The Raft token supply maximum metric represents the total maximum number of tokens that can ever exist for the Raft protocol. This is a static configuration value set at 2.5 billion tokens, established at the protocol's launch on July 25, 2023. Unlike other metrics that are calculated from blockchain data, this metric represents a fixed protocol parameter defined by Raft's tokenomics design.

## 2. Data sources

This metric does not derive from blockchain events or transaction data. Instead, it uses:
- **Protocol tokenomics specification**: The maximum supply limit defined in Raft's protocol design
- **Token launch documentation**: The official launch date of July 25, 2023
- **Protocol configuration**: Hardcoded maximum supply value of 2.5 billion tokens

## 3. Step-by-step calculation

### Component A: Static configuration
- **Purpose**: Define the maximum token supply for the Raft protocol
- **Logic**: The calculation sets a fixed timestamp to July 25, 2023, representing Raft's token launch date. The maximum token supply is hardcoded as 2,500,000,000 tokens (2.5 billion). The `timestamp_grain` is set to 'day' to indicate daily granularity for time series data.
- **Key fields**: `timestamp` set to the launch date, `timestamp_grain` as 'day', and `token_supply_maximum` as 2.5 billion

### Final aggregation
- **Combining components**: No combination of multiple components is needed since this is a single static value
- **Currency conversion**: Not applicable as this metric represents token count, not monetary value
- **Time aggregation**: The metric uses a forward-fill strategy, meaning the maximum supply value of 2.5 billion tokens applies to all time periods from July 25, 2023 onward
- **Final calculation**: The final metric value is exactly 2,500,000,000 tokens for all time periods after the launch date, representing Raft's immutable maximum token supply as defined by the protocol's tokenomics

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

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

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Maximum token supply

Maximum token supply

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