21 Feb 2021

bitFORTUNE USD Asset Statistics Table

21 Feb 2021

bitFORTUNE USD Asset Statistics Table

Cryptocurrency

The Cryptocurrency column of the bitFORTUNE USD Asset Statistics Table displays the bitFORTUNE USD logo followed by the name of the asset, that is bitFORTUNE USD and beneath that is the symbol for bitFORTUNE USD, that is BFUSD. The bitFORTUNE USD name in the Cryptocurrency column is hyperlinked to the bitFORTUNE USD exchange. Real time updates in the bitFORTUNE USD Asset Statistics Table is time stamped and appears just beneath the Cryptocurrency column.

USD/BFUSD

The USD/BFUSD column of the bitFORTUNE USD Asset Statistics Table indicates the approximate current price of bitFORTUNE USD tokens in circulation. The price is quoted in USD per BFUSD.

The net asset value of bitFORTUNE USD tokens may be calculated by taking the sum of the value of the composition of the derivative divided by the circulating supply. The bitFORTUNE USD display price is plotted in the bitFORTUNE USD Price Chart.

The bitFORTUNE USD display price is periodically updated automatically. The update is time stamped and appears just beneath the display price. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
24h

The 24h value of the bitFORTUNE USD Asset Statistics Table displays the price percent change over the last 24 hours.

The 24h value is periodically updated automatically. If the value since the last check:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Market Cap

The Market Cap column of the bitFORTUNE USD Asset Statistics Table is an approximation of the current Market Capitalization of bitFORTUNE USD tokens. The Market Cap is quoted in USD. This value is calculated by taking the number of BFUSD tokens in circulation and multiplying that value times the price of BFUSD tokens.

The Market Cap is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Interest

The Interest column of the bitFORTUNE USD Asset Statistics Table is a weighted approximation of the current interest yield of bitFORTUNE USD tokens. Interest is quoted as annual percent yield (APY). This value is calculated by taking the weight of all interest yielding assets of the composition of the derivative and summing the interest yields by weight.

Not all bitFORTUNE derivatives yield interest. In this case the APY is designated as 0% APY. Also, bitFORTUNE derivatives that yield interest do not necessarily have all assets comprising the composition of the derivative yielding interest.

The Interest is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
  • yields 0% APY display gray
BTC/BFUSD

The BTC/BFUSD column of the bitFORTUNE USD Asset Statistics Table indicates the approximate current price of bitFORTUNE USD tokens in circulation. The price is quoted in Bitcoin (BTC) per BFUSD.

The bitFORTUNE USD display price in Bitcoin is periodically updated automatically. The update is time stamped and appears just beneath the Cryptocurrency column of the bitFORTUNE USD Asset Statistics Table. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
7d

The 7d value of the bitFORTUNE USD Asset Statistics Table displays the approximate price percent change over the past 7 days.

The 7d value is periodically updated automatically. If the value since the last check:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Circulating Supply

The Circulating Supply column of the bitFORTUNE USD Asset Statistics Table is an approximation of the current circulating supply of bitFORTUNE USD tokens. The Circulating Supply is quoted in BFUSD. This value is calculated by taking the number of BFUSD tokens issued by the administrative account and subtracting all BFUSD tokens held by the administrative account. This difference is the Circulating Supply of BFUSD tokens.

The Circulating Supply is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Ask, Spot & Bid Prices

The ask, spot and bid prices are selectable via radio buttons in the footer of the bitFORTUNE USD Asset Statistics Table. Once a radio button is selected the USD/BFUSD and BTC/BFUSD prices will be updated to the selected price in the next real time update. The real time update may be acknowledged by noticing the price time stamp update in the footer of the bitFORTUNE USD Asset Statistics Table.

The ask price is the price maintained by the administrative account that represents the lowest price the administrative account is willing to sell bitFORTUNE USD tokens for as described by the definition of the derivative. The ask price is calculated from the net asset value as described by the definition of the derivative.

The spot price is the price of bitFORTUNE USD tokens calculated by taking the sum of the value of the composition of the derivative divided by the circulating supply.

The bid price is the price maintained by the administrative account that represents the highest price the administrative account is willing to buy bitFORTUNE USD tokens as described by the definition of the derivative. The bid price is calculated from the net asset value as described by the definition of the derivative.

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