You are wrong!
The marketcap or ‘shares’ of Dcorp remains unchanged, only names of the ‘shares’ are changed.
When a Drp is burned either a Drps is borned or 2 Drpu’s are borned, resulting in the very same supply.
LOL.
So, what do you think that will do with the marketcap of the corparation?
Nothing!!
Remains exactly the same as if there were 8mill DRP in circulation and none of the U/S.
Comprende?
Si, Senior!
Quote:
«That's not correct in my opinion, DRP will get burned if they were converted to U/S, so the circulating supply will decrease.
Further, as peaople are able to switch between DRPU and DRPS, the supply from U and S will change everytime.»
Comment:
The curculation supply is what makes up the marketcap, and that will NOT decrease, DRP will only be represented in new names.
Marketcap(Dcorp) = 8 mill DRP = a*DRP + b*DRPS + c*DRPU
1 DRP = 1 DRPS
1 DRP = 2 DRPU
8 mill DRP = a*(DRP) + b*(DRP) + c*(0.5 DRP)
8 mill = a + b + 0.5*c
3 unknowns, given 2 of them, the third is known
Hence, at any time to calculate marketcap of Dcorp, you only need the price of either token, pegged to the others.
If you tell me the market price of DRPU is 1 dollar, I tell you the marketcap of DCorp is 2*8mill* 1 dollar=16 mill dollar.
If you tell me one of the other tokens marketprice is 1 dollar, I tell you the marketcap of DCorp is 8mill dollar.
You never need to know how many tokens of each one is in circulation to calculate the marketcap. You only need to know the marketprice of one them. This is pure basics. Because of the pegging the marketcap can be at all times given once you know the marketprice on either of the tokens. This relationship should be explained in detail to coinmarketcap so we can have them put in circulated supply and also the marketcap of Dcorp.
No matter which numbers you put in for a, b, c the sum converted to DRPs remains 8mill
Edit
Now, I see it is already done!
https://coinmarketcap.com/currencies/dcorp/
(Still disappointed though on the poor progression so far!)