CorgiI @corgil · 04 Sep 2026
The engine that funds it: ◆ 5% fee on pool trades → goes straight to the treasury ◆ Bonds sell new $NET only above NAV -> issuance is supposed to raise backing for existing holders, not dilute them ◆ Buyback bid sits below backing, buys and burns if price drops under it ◆ https://t.co/UlZ2XQoMhT
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