Whitepaper
The overview.
The premium funds the yield
Every mint carries a premium above backing. That premium is the only source of distributed yield — no emissions, no dilution, no promises written against future buyers.
The reserve funds the floor
Backing assets sit in the reserve and are never spent on rewards. The floor price is simply the reserve divided by supply, and it can only move up.
Nothing mints unpaid
Supply expands only when someone pays full backing plus premium. There is no treasury mint, no team allocation printed from thin air.
(3,3) with a redeem button
Holders can always redeem for their share of the reserve. Cooperation is the better strategy because the exit is real, not because leaving is punished.