Transparency

Treasury transparency

The treasury is the most scrutinised part of a young nation. We publish what we can prove. We do not publish what would weaken the reserve. Today the published part is the live reserve ratio and the on-chain supply; the rest is not yet published.

Reserve ratio

What backs the coin

The reserve ratio is published. Detailed reserve composition, custodian arrangements, and attestations are not.

Reserve ratio
1:1
One unit coin to one unit reserve
Reserve composition
Not published
Asset-class breakdown will appear when supplied
Attestations
None
No independent attestations have been published

What is published, and what is not

Public
  • Reserve ratio (1:1)
  • On-chain supply (live in the explorer)
  • Mint and burn mechanics
Partial
  • Reserve composition, not yet published
  • Custody principles, not yet published
  • Attestation framework, not yet published
Restricted
  • Custodian identities
  • Account and routing detail
  • Operational thresholds
Budgets

Treasury summaries by year

Not published
No treasury summaries published
No annual budgets or treasury summaries have been published yet. When a real record is supplied by the operator, it will appear here with the real figures.