Superrare Liquid Edition balances count tokens connected to a particular artwork

Wallet holdings and the launch-supply denominator

The calculation needs the wallet's token balance and the same Liquid Edition's launch supply. Both quantities must use that edition's token unit. A Liquid Edition has a token supply that is fixed at launch. Its size varies by project. Dividing the wallet balance by launch supply, then multiplying by 100, expresses the wallet's share of launch supply as a percentage.

The relationship is: share of launch supply (%) = wallet balance ÷ launch supply × 100. A percentage that uses this denominator should retain the launch-supply label. Substituting another quantity changes the question that the calculation answers.

Token counts across different Liquid Editions

Each Liquid Edition balance counts fungible units belonging to that edition's own token. Units from separate Liquid Editions remain separate holdings, even when their numbers look similar. Adding them together does not produce a meaningful share of one edition's launch supply.

Equal percentages across projects describe equal fractions of their respective launch supplies. Their prices, artwork responses, and collector roles can differ.

Does a supply percentage determine how much artwork I see?

A supply percentage alone does not determine how much artwork appears; the project's design defines any balance-sensitive behavior. Some Liquid Editions use holdings to reveal content or change the visual output. Other projects treat a larger balance simply as a larger token position. The artwork's description needs to explain the connection between collecting and its visible behavior.

Balance changes and artwork refreshes

Artwork that reads balances can produce an updated render after relevant onchain changes and a metadata refresh. The artist decides which changes matter to the work. Trading, transfers, liquidity, and other project-specific state can also provide inputs. A changed token count therefore need not explain every visual change, and every transfer need not produce a visibly different image.

Value Discovery by ripe uses disagreement between liquidity pools as its visual engine. Panorama by Yigit Duman turns price movement into an expanding mythological panorama. These market inputs describe different quantities from a collector's token balance.

HTML can support interaction, sound, and generative rendering inside an artwork. The format alone does not connect those features to token activity. The artist must design the Lens or render logic to read or receive the relevant state.

A Liquid Edition can remain a static JPEG or MP4. Changes in holdings then alter the token position without requiring a change in the image.

The separate count for Liquid Lens NFTs

A Liquid Lens is an optional companion ERC-721 collection connected to a Liquid Edition. Its NFTs can be independently collected, so their holdings need a separate count from the edition's ERC-20 balance. Adding a Lens collection and making artwork dynamic are separate choices. Either artwork layer can be static or dynamic. The edition can use dynamic artwork without a Lens. The launch-supply calculation includes the edition's ERC-20 tokens alone.

Token quantity and the value of a sale

A valuation needs the token quantity and a price per token for the same Liquid Edition. Multiplying a balance by a displayed price gives its valuation at that price. The calculation expresses a currency amount, whereas the supply calculation expresses a percentage. Neither operation establishes the proceeds available from selling the entire holding.

Liquid Edition prices can move with liquidity and demand. Execution also depends on market conditions and the transaction's slippage setting. A trade may fail if the price moves beyond that setting before confirmation.

The shared market supports buying and selling without individual resale listings. Continuous market access still relies on available liquidity, so it does not establish an exit price for a particular balance.

Token metadata and artwork display support

A wallet can recognize an ERC-20 holding while offering limited support for its associated artwork. Standard wallets and NFT marketplaces may show only the token balance. Connected Liquid Lens artworks may appear separately as ERC-721 NFTs.

Liquid Editions can publish token metadata for clients that support ERC-1046. Display support varies between wallets, marketplaces, and apps. The quantity counts fungible tokens even when the client does not render the artwork.

The edition contract behind a balance

A token balance concerns a particular Liquid Edition, and contract identity matters when interacting with it. Use the genuine Superrare interface and review the intended contract before confirming a transaction. Some wallets display warnings for newer contracts or routers. The warning alone does not establish whether the interaction matches the intended edition, and a familiar artwork name cannot substitute for checking the contract.

Collectors can receive work in an embedded smart wallet or an existing connected wallet. The wallet address identifies the holding under discussion.

Collector roles beyond a token percentage

Project-specific rules give holdings their meaning for participation and any future phases. Holding more tokens may change a collector's role in some projects. In others, the additional tokens only enlarge the position within the same artwork. The supply percentage alone does not establish a role in later phases. A project needs to explain what collecting does and whether holding more changes that relationship.

Token ownership can also contribute directly to an artist's concept. NORML by Jiwa uses token ownership and participation to reveal parts of a larger networked body of work.

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