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Why is Spectrum So Weird?

     At first glance the implementation of Spectrum leads most to believe things went awry in development. Multiple analysis tools and chart display functions malfunctioned. This was no accident, however.

Dex Tools Chart of $SPRM
Dex Tools Chart of $SPRM

     At the time of writing this article, the Dex Tools website is unable to display the price of Spectrum. This is mostly because, according to the ERC20 standard, Spectrum has 27 decimals, which is much higher than the normal amount.

Dexscreener's price calculations
Dexscreener's price calculations

     With this decimal specification price calculations become absurdly high. This was intentional. With Spectrum, there is no price.

     Due to this and the difficulty understanding Spectrum balances, I formally introduce Sperg. 1 SPRM is equal to 10e27 Sperg. One sperg is the smallest denomination of SPRM. This term will gradually be introduced to analysts’ tools built and created specifically for Spectrum.

Example Buy
Example Buy

          Another purposeful implementation is the max transferable amount. This amount is set at a hard-coded amount of 174747670 Sperg. Based on the current trading price of SPRM this max amount will fluctuate. The higher the price of one max buy, the higher the price of Spectrum. This limit minimizes enormous price swings in both directions.

Preventing immutable repository transfers
Preventing immutable repository transfers

     Another check performed on token transfers is preventing the Immutable Repository from transferring tokens out of their wallet. If the Immutable Repository tries to do that then the revert message Retain() with be returned. This effectively makes it a burn address and in fact, has already had tokens burnt into it.

Token minting, denominated in Sperg
Token minting, denominated in Sperg

     In regards to the total supply of Spectrum there a couple of important points. Firstly, the coin deployer, sprm.eth or the Immutable Repository, was minted an amount that approaches the max bit size value for an unsigned 256-bit integer. In other words, the amount minted approaches the max possible total supply defined by the ERC20 standard. This number is concatenated with the first twenty or so iterations of the Fibonacci sequence. Once no more Fibonacci numbers can be concatenated due to the max value, we arrive at the amount minted. Secondly, a circulating supply is minted. This circulating supply is the first several numbers of the golden ratio. Disregarding any decimal notation, the Fibonacci allocation amounts to 1.1235813e78 and the circulating supply to 1.61803e11.

     With this supply definition the Immutable Repository becomes the richest Ethereum actor, valued in Spectrum. These tokens are permanently locked. Thus, we get the name Immutable Repository.

Signed,

The Ultimate Retainer