QUADSupply Policy
A public, non-promotional view of QUAD Core supply and monetary-policy posture. The page describes constraints and refusal behavior; it does not publish final mainnet economics or promise a market outcome.
These counters show current testnet observation only. They are not a reserve claim, redemption right, buyback promise, production monetary policy, or reward eligibility signal.
Mint expansion is deliberately narrow. A request can be funded, visible, and still refuse if the supply path is not worthy.
Minting depends on asset classification, committed price truth, accepted collateral, and Core admission. A balance arriving by IBC or bridge transit is not automatically admitted backing.
Expansion is bounded by NAV safety, safety state, epoch allowance, the 10% per-epoch ceiling, and the 21B hard-cap protective failsafe.
Under-collateralized state, stale truth, unsupported denoms, dust, unsafe market state, or exhausted allowance should halt expansion rather than fabricate health.
Public faucet use tests the mint path and supply law. It does not bypass supply policy or create value.
Contraction is observable through fee routing, Seller pressure, Sink custody, and burn/disposal receipts. It is not a marketing promise.
Supply policy is a constraint layer, not a central-bank claim and not an operator discretion surface.
Treasury holds admitted custody and NAV only. It does not route, split, trade, mint, or pay.
Alloc routes meaningful value with provenance. Routing is not admission, mint authority, or policy ownership.
Economics may compute posture and thresholds, but supply action still depends on committed truth and module gates.
Audit exports read-only facts. It does not feed behavior back into Core or upgrade observations into authority.
The refusal list is part of the public policy surface.