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What is United Reserve ​

A closed monetary economy with one currency, one market, three vaults and a member network paid by the protocol in the open.

  • ETH flows in: emission speeds up and the vaults stack ETH.
  • ETH flows out: emission slows and redemptions get expensive.
  • Price falls 10% against 24 hours earlier: the Contraction Vault buys UNITED back and burns it. This trigger is separate from flow.

A simple way to hold it in your head

The License is your seat, the Printers are your shares of emissions, the pool is the market, and the Contraction Vault is the bank's vault that only ever buys.

The design ​

  • Net flow sets the emission rate.
  • The exit is priced by how many leave together.
  • Treasury backing, as in Olympus, without the rebase.
  • A member network paid by the protocol in the open, not through side deals.

What it believes ​

  • Liquidity is built by the people who show up. If they build it, they should own it.
  • Rules belong in code, where everyone can read them, not in anyone's good intentions.
  • A reserve is only as strong as the reason people have to stay in it.

Status ​

ChainEthereum mainnet
StagePreview: the contracts deploy at launch; until then the app runs a simulation