01
ENDO
The root asset. Stake-mined by SOL. Burned by flow.
The endogenous economy
ENDO
Value emerges from the loop.
- 01 We reward savers. BONDs lock CASH for time and earn ENDO from every protocol fee and every public-emission cycle.
- 02 We incentivize liquidity. Approved CASH-pool LPs earn ENDO for useful, time-weighted depth — never for raw volume.
- 03 We facilitate trade. The engine prices motion: calm flow is cheap, urgent flow pays the surcharge that funds the savers and LPs above.
02
CASH
The liquid unit. Minted through ENDO. Moved through markets.
03
BONDS
Lock CASH. Commit time. Earn ENDO fee flow.
[ Doctrine ]
Pricing motion, not pegs.
CASH is not the dollar. It is the liquid unit of the ENDO economy. It is not fiat-backed, not dollar-redeemable, and not guaranteed to hold external purchasing power.
The engine does not pretend motion can be stopped. It gives motion a price. Fast, crowded, destabilizing flow creates drag. Drag becomes fee flow.
Every fee has a job: 1/3 burns ENDO, 1/3 rewards BONDs, and 1/3 deepens CASH markets.
1/3
Burn
ENDO removed from supply with each settled fee.
1/3
BOND
Distributed by weight = locked CASH × lock duration.
1/3
CASH LP
Useful time-weighted depth in approved CASH-paired pools.