GROW

Broad Market · 2.0×

MAX PROFILE

MARKET CAP—

NET RESERVE—

GROSS EXPOSURE—

RESERVE / MC—

30D REVENUE—

LIFETIME BUYBACKS—

RESERVE LEVERAGE2.0×MAX profile

TOKEN BALANCE SHEET

Net capital and productive exposure.

Reserve leverage increases productive exposure without increasing the Net Reserve. Values below are normalized policy units.

NET RESERVE$1.00Protocol-controlled capital

＋

ADDITIONAL CAPACITY$1.00Borrowed / synthetic exposure

＝

GROSS EXPOSURE$2.00Productive market exposure

REVENUE POLICY

50%COMPOUND30%BUYBACKS20%PROTOCOL

Eligible net revenue follows the selected allocation after recognized costs.