There are three types of volumes that BountyMarketCap collects, summarizes, and displays to the users. They are the individual Bounty Stakes Titile's volume, the individual Crypto Media Source's volume, and Aggregated volume of all bounty stakes titles.
Volume (Bounty Stakes Title)
The volume for each bounty stakes title is calculated by taking the 24h volume reported directly from the exchange in quote currency and converting it to US dollars using Coingecko's existing reference prices. Let's take [XXX_CA_Stake_Signature] bounty stake title as an example:
Let (A) be the 24h volume of XXX_CA_Stake_Signature /TKP reported directly from the exchange in quote units.
Let (B) be the last known reference price of TKP from Coingecko in USD.
Let (V) be the derived volume reported on the Exchange for the bounty stake title.
For this example, let (A) = 5000 TKP and let (B) = 0.005 USD.
V = A * B
V = (5000 TKP * 0.005 USD) = 25 USD
Therefore, the derived volume for [XXX_CA_Stake_Signature] bounty stake title is $25.
The volume of any listed Project (cryptoasset) is the total trading volume of all bounty stakes titles associated with that Project's bounty campaign. The BountyMarketCap shows the volume of all trades for the last 24 hours in the US dollars equivalent.
Therefore, users of BountyMarketCap can easily select the most liquid projects (cryptoassets) to join their bounties.
Volume (Crypto Media Source)
The volume of any listed Crypto Media Source is the total trading volume of all bounty stakes titles associated with that Media Source. The BountyMarketCap shows the volume of all trades for the last 24 hours in the US dollars equivalent.
Consequently, the BountyMarketCap' users could track the volumes of different Crypto Media Sources, sort them, and create an account on the most liquid one. Creating an account on a high-volume Crypto Media allows a user to perform bounty work, earn bounty stakes titles and sell them in a liquid market.
The total aggregated volume for all bounty stakes is the sum of all individual bounty stakes titles over the last 24 hours. Therefore, the aggregation of all volume data allows BountyMarketCap to collect valuable statistics about the whole crypto bounty market.