# III. Maximum Minting Cap Formula (Example)

```
Max Mintable Supply = Treasury Assets / Backing per ARK
```

Example:

* Treasury Assets = 10,000,000 USDT
* Backing per ARK = 1.0 USDT → Max Mintable = 10,000,000 ARK

If the current supply is 9,950,000 → Remaining minting capacity is only 50,000 tokens

→ If EM plans to issue 60,000 tokens that day, MCL will forcibly adjust it to 50,000


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