Price per UG when minting ends

Minting runs above the maximum scenario: 3,023 UG per block over the last 1,008 blocks.

Unofficial tracker, not made by Casey Rodarmor or the Runes project.
On-chain data up to block 973,037.

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Price per UG in the moderate scenario

$0.009178

11.4 sats · 265.09M UG at block 1,050,000

Your 1,000 UG

$9.18

0.00011395 BTC

Scenario

Price vs today: how the price per UG changes at the same market cap when supply grows from today's 167.95M UG. It is crucial to emphasize that this is merely an assumption and not a definitive statement about future developments. Therefore, this should not be considered as financial advice or a recommendation to buy.

UG now $0.014484 · 18 sats · -1.56% in 24 h · market cap $2,432,966 · volume $1,519 in 24 h · CoinGecko

Supply

Mint window

133,037 of 210,000 blocks

167,952,547

UG exist today, minted minus burned, at block 973,037.

63.35% of the window has passed. One square is 1,000 blocks, the green one is running now. Minting closes at block 1,050,000.

Supply since block 840,000

measured in ink, projected in green

Measured from block 840,000 to 973,037, then projected per scenario to block 1,050,000.

Supply every 21,000 blocks

measured until now, projected to block 1,050,000

Net UG supply every 21,000 blocks: measured until block 973,037, projected per scenario until block 1,050,000
BlockNoteMeasuredMinimalModerateMaximumCurrent pace
840,000Start1,196
861,00028,692,566
882,00036,446,947
903,00042,243,371
924,00063,330,220
945,00091,027,062
966,000147,207,914
973,037Now167,952,547
987,000in 13,963 blocks176.76M185.58M203.20M210.17M
1,008,000in 34,963 blocks190.02M212.08M256.21M273.65M
1,029,000in 55,963 blocks203.27M238.59M309.22M337.14M
1,050,000End of minting216.52M265.09M362.24M400.63M

Minting activity

Mints per block

net, averaged over each 1,000 blocks

The dashed lines mark the minimal, moderate and maximum scenario rates.

Latest blocks

blocks without mints or burns are skipped

UG minted in the latest blocks with UG activity, newest first
BlockUG minted
973,037newest5,398
973,0364,126
973,035205
973,0345,248
973,0334,958
973,0323,781
973,0314,886
973,0306,355
973,0296,271
973,0284,797

How the projection works

The method

For every block since block 840,000 we count the UG minted and burned. The net amount divided by the number of blocks is the average: right now 1,262 UG per block.

From this average we derive three scenarios for the blocks that are left:

  • Minimal, 631 UG per block: half the average, for a very quiet network.
  • Moderate, 1,262 UG per block: the average itself, for normal activity.
  • Maximum, 2,524 UG per block: twice the average, for extremely high load.

The final supply is what exists today plus the scenario rate times the blocks left until block 1,050,000. In the moderate scenario: 167,952,547 + 1,262.18 × 76,963 = 265.09M UG.

The current pace is measured, not assumed: the average of the last 1,008 blocks, about one week. It shows where minting runs today compared to the scenarios.

In the end, it is not an exact science but a pragmatic heuristic. For many purposes it is enough to get a sense of possible developments.

Rune facts

RuneUNCOMMON•GOODS · 1:0
Rune 0, the first rune of the protocol, with the symbol ⧉.
Etched in block840,000 · 00000000…1cda83a5
The block hash identifies the block: its header hashed twice with SHA-256.
Premine0
Tokens created at etching without minting.
Limit per mint1
The most UG one mint transaction can create.
Mint window840,000 – 1,050,000
Opened with the halving at block 840,000 and closes with the next halving.
Protocol cap340,282,366,920,938,463,463,374,607,431,768,211,455
Hard-coded in the Runes protocol by Casey Rodarmor and not expected to be reached.

How to get UNCOMMON•GOODS

There are two ways to get UNCOMMON•GOODS: buy them on the secondary market or mint them directly until block 1,050,000. Some links are referral links; by using them, you support the project.

Buying

secondary market, CEX and DEX

Minting

one UG per mint transaction

Questions and answers