Treasury
IIIThe reserve
Every $HUI is backed by tokenized equity held here. Bonds are never sold below backing, and rewards are minted only from revenue, never past excess reserves. Backing per $HUI does not fall through any action of the protocol.
Total reserves—
$HUI supply—
Backing per $HUI—
Excess reserves—
Owed to stakers—
Paid to date—
Holdings
Priced in $HUI| Ticker | Units | Price | Value |
|---|---|---|---|
| TSLA · Tesla | — | — | — |
| NVDA · NVIDIA | — | — | — |
| AAPL · Apple | — | — | — |
| Total | — | ||
The hard constraint lives in one line of the Distributor: the reward each epoch is the smaller of the revenue collected — swap fees plus early-exit penalties — and the treasury’s excess reserves. Nothing is minted past its backing.
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