Economics
Protocol mathematics
Four definitions describe the entire economic system.
Definitions
B = eligible SOL backing pool S = circulating $ASSET supply H = holder's $ASSET balance P = B / S backing per token O = H / S ownership share R = O × B theoretical proportional pool share
Post-redemption state
E = wallet's eligible balance (verified purchases only) D = wallet's cumulative SOL already redeemed gross claim G = E × B / S available claim A = max(0, G − D) daily maximum M = A × 10% After a redemption of x: B' = B − x S' = S (no tokens are burned) D' = D + x (permanent, never reset)
Numerical examples
(1) B = 100 SOL, S = 1,000,000, E = 10,000
O = 1%, G = 1.00 SOL, D = 0.10 SOL
A = 0.90 SOL, M = 0.09 SOL
pool grows to 120 SOL → G = 1.20, A = 1.10 SOL
pool falls to 80 SOL → G = 0.80, A = 0.70 SOL
(2) B = 500 SOL, S = 1,000,000,000, H = 25,000,000
O = 2.50%, R = 12.50 SOL
(3) B = 150 SOL, S = 1,000,000,000, H = 10,000,000
O = 1.00%, R = 1.50 SOLThe actual redemption amount uses the protocol's exact execution-time accounting, including any applicable fees, rounding rules and constraints. Interface values are estimates.
Total supply ($ASSET)
1,000,000,000
Fixed at 1 billion — never changes
Backing / token5.000e-7 SOL
Your ownership2.50%
Estimated pool share12.5000 SOL
Estimate — final redemption is determined on-chain at execution.
25,000,000 $ASSET of 1,000,000,000 circulating = 2.50% of a 500.00 SOL pool.
