Equity Currency is metric used to record value, much like how we think of equity in the form of a share of stock. It is a representation of a portion of an asset holding. A unit of Equity Currency is referred to as a Share. Share value is ultimately determined by the trading of the shares, but can be estimated by looking at the total value of the asset holdings that back any particular type of Equity Currency, and dividing by the total number of shares issued against it. These values are always transparent to members. It is important to remember that the value of equity shares can fluctuate as the value of the assets that back them fluctuate. Transparency and open verification is available on each asset that backs an equity share. Any collective can create any number of equity share types, each backed by a different asset or set of assets.
