# Valuation

<table><thead><tr><th width="131">Function</th><th width="156">Name</th><th width="331">Description</th><th>Applicable Delimiters</th></tr></thead><tbody><tr><td>EARN</td><td>Revenue</td><td>Tokens burned (or equivalent) less tokens issued into circulation, in token units</td><td>C, A</td></tr><tr><td>NVT</td><td>NVT</td><td>A valuation measure: market capitalisation divided by transaction volume</td><td>C, A</td></tr><tr><td>SUSR</td><td>Fees to Issuance Ratio</td><td>A valuation measure: total gas fees divided by number of tokens issued into circulation</td><td>C, A</td></tr><tr><td>TXVEL</td><td>Transactional Velocity</td><td>A valuation measure: transaction volume divided by market capitalisation</td><td>C, A</td></tr><tr><td>BRRR</td><td>Inflation Rate</td><td>Yearly rate of increase of tokens in circulation</td><td>A</td></tr><tr><td>ABRE</td><td>Average Block Reward</td><td>Average value of block reward</td><td>C</td></tr></tbody></table>
