A closed monetary economy that sets its own rate, defends its own currency, and grows its own floor. It answers to no board, committee, or government — because it is 4,000 lines of immutable code.
Bankers hold charters. Charters operate branches. Branches earn the currency the central bank issues. Capital flowing in loosens policy and grows the reserve; capital flowing out tightens policy and prices the exits.
A charter is a soulbound deed that makes you a banker — one bank, holding one to ten branches. 300 are granted at genesis. After that, the only way in is the daily auction.
Each branch is one share of every epoch's issuance, streamed to you by the second. Open more by burning $HAVEN. Cash out by retiring them — the most profitable move in the system is also its largest supply sink.
Every epoch of inflows compounds protocol-owned liquidity into a deep, un-pullable floor of exit liquidity. No one can withdraw it. It only ever gets thicker.
When capital leaves, the bank parks standing bids beneath the market and burns everything they catch — depth first, a buy second. Nothing to sandwich, nothing to front-run.
Issuance runs at a base rate scaled by a policy multiplier that ratchets on the reserve's high-water mark. Raises must be earned; cuts are immediate.
Buys deepen the pool and set new reserve highs. Issuance climbs, the floor thickens.
Burn $HAVEN for branches. Every license burned shrinks the float while growing your cut.
Issuance cuts within one epoch, the vault bids, and the exit fee rises on those who leave.
Half of every exit fee is burned; half is paid to the bankers who stayed. Runs feed the patient.
Think of a charter as a company and its branches as stores. The company earns through its stores, reinvests to open more, and pays its owner by closing them — one at a time, or all at once. Close the last store and the company dissolves.
Preliminary — final values are set at deployment.
300 founding charters. One per wallet. No sale, no proceeds — the team seeds the genesis liquidity itself. When they are gone, the only door is the auction.
Enter the bank