Supply Architecture

How fixed-cap accounting is kept consistent across labels, fees, and redemptions.

Max Supply

600,000,000,000,000,000 shares

Immutable cap (`SHARE_SUPPLY_MAX`).

Label Dollar

1,000 shares

`DOLLAR_SHARES` fixed alias by protocol definition.

Penny

10 shares

`PENNY_SHARES`, immutable in this model.

Pillar

1 share

Atomic unit for precision and ledger operations.

Core equation

C = SHARE_SUPPLY_MAX - reserve_pool_shares - burned_shares

Where `C` is circulating shares used for user balances and distribution.

Invariants

  • Circulating cannot exceed max supply.
  • `reserve_pool_shares` only decreases.
  • `burned_shares` only increases.
  • Label definitions only expand, never mutate.

Example #1: converting a legacy balance

If a legacy Dollar-equivalent amount of 123.45 is converted at genesis, shares credited are:

shares = 123.45 × 1000 = 123,450 shares

Rounded and clamped rules preserve deterministic precision guarantees.