Binance claims a DOGE is 200 satoshis, so

13944211800 * 200 / 25000
111553694.40000000
last / 100000000
1.11553694

Market cap for 13944211800 NDLs comes out to 1.11553694 BTC

Treasury system is basically market cap in reverse: rather than multiplying current price of a single unit by number of units minted we divide total value of treasury by number minted to compute a value per unit.

So treasury is basically an actually in existence market cap rather than a merely theoretical vapourware market cap.

Looks like we'd only need 111553694.40000000 satoshis worth of treasury to give each and every NDL a computed value of 1/25000th of (200 satoshis aka one DOGE).


-MarkM-