Treasury dashboard

Explore the treasury.

Model fee allocations and bond dilution in one place. Adjust the inputs or choose a scenario to see how the numbers change.

Illustrative scenarios. No live treasury or wallet is connected.

Fee allocation · Bond calculator · Read the whitepaper

Epoch settlement

Illustrative accounting units. Proposed net split: 50 / 30 / 20.

Collected eligible fees

Operating costs

Realized losses

Required reserve top-up

Prior uncovered deficit

Participant token-seconds

Total eligible token-seconds

Distributable net

N/A

Staker pool / 50%N/A

Retained treasury / 30%N/A

Liquidity budget / 20%N/A

Participant allocationN/A

Uncovered deficit to carryN/A

Assumes reserve coverage passes after the top-up. Bond deposits and unrealized gains are excluded. If the reserve floor fails, no allocation occurs even with a positive modeled result.

Settlement definitions

Issuance workbench

Does the bond pass?

Two accounting gates: adjusted backing and the rolling issuance cap. This models a single window with no other supply changes.

Adjusted external-asset NAV

Committed supply / window snapshot

Net deposit after fees & haircuts

Reference token price

Discount (%)

Tokens already committed this window

Arbitrary units. The actual market reference would require an approved oracle. Unvested commitments are included in supply.

The proposed quote

Bond priceN/A

New token commitmentN/A

Adjusted backing / token beforeN/A

Adjusted backing / token afterN/A

Existing-holder percentage dilution (%)N/A

14-day linear vesting. Passing these gates does not validate a market price or guarantee a return. This calculator does not submit quotes or accept deposits.

Full bond policy

Download proposed parameters · Download an empty epoch record

Calculations use browser floating-point arithmetic for explanation. Contracts require fixed-point units, explicit decimals and deterministic rounding.