The BRICS currency does not have a "reserve currency". You are thinking in terms of existing currency structures, where a single currency is treated with more i

The BRICS currency does not have a "reserve currency". You are thinking in terms of existing currency structures, where a single currency is treated with more importance that other currencies. The BRICS currency itself, is a derivative of the currencies and economies of the member countries. In the article, I present the formula for the calculation of the supply of the BRICS currency: `M = ForT + FDI + PI + ForEx + G&EX + InterSec + Der + ForDeposit + EuroCurrency + MTransfer + Etc.` Each component in this formula represents a key economic indicator: - `ForT`: Foreign Trade, encompassing the total value of exports and imports between the BRICS nations and the rest of the world. - `FDI`: Foreign Direct Investment, capturing the inflow and outflow of investment capital. - `PI`: Portfolio Investment, including investments in stocks, bonds, and other financial instruments. - `ForEx`: Foreign Exchange Transactions, representing the volume of currency exchanges. - `G&EX`: Gold and Foreign Exchange Reserves, a crucial component that partially backs the value of the BRICS currency with an asset holding intrinsic value - gold. - `InterSec`: International Securities, such as bonds issued by BRICS nations in international markets. - `Der`: Derivatives, financial contracts deriving their value from underlying assets or benchmarks. - `ForDeposit`: Foreign Deposits, the total value of BRICS currency held in foreign accounts. - `EuroCurrency`: Eurocurrency Market Operations, capturing the BRICS nations' activities in other currency markets. - `MTransfer`: International Money Transfers, the flow of funds between the BRICS and other nations. - `Etc.`: Other relevant economic indicators as needed. The article doesn't develop on the specifics, but you can imagine one of those factors as being the country's Bitcoin reserves. As such, the supply is algorithmic (akin to UniswapV2's approach of`x*y=k`) and the formul aims to create a BRICS currency supply that dynamically responds to the collective economic state of the member nations