Q markQUADSupply Policy

Supply Policy

A public, non-promotional view of QUAD Core supply and monetary-policy posture. The page describes constraints and refusal behavior; it does not promise price, liquidity, redemption, or market outcome.

Public counters

These counters show current Core observation only. They are not a reserve claim, redemption right, buyback promise, liquidity promise, or reward-eligibility signal.

QUAD supplyAwaiting endpoint refresh
Admitted backingAwaiting endpoint refresh
Sink pendingAwaiting endpoint refresh
Total burnedAwaiting endpoint refresh
Tx gateAwaiting endpoint refresh
Feed updatedAwaiting endpoint refresh

Expansion law

Mint expansion is deliberately narrow. A request can be funded, visible, and still refuse if the supply path is not worthy.

Admitted collateral first

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.

Supply gates

Expansion is bounded by NAV safety, safety state, epoch allowance, the 10% per-epoch ceiling, and the 21B hard-cap protective failsafe.

Refusal is normal

Under-collateralized state, stale truth, unsupported denoms, dust, unsafe market state, or exhausted allowance should halt expansion rather than fabricate health.

No intake shortcut

Public intake-lane use exercises the mint path and supply law. It does not bypass supply policy or create value.

Contraction law

Contraction is observable through fee routing, Seller pressure, Sink custody, and burn/disposal receipts. It is not a marketing promise.

Monetary-policy boundaries

Supply policy is a constraint layer, not a central-bank claim and not an operator discretion surface.

Treasury cannot decide supply

Treasury holds admitted custody and NAV only. It does not route, split, trade, mint, or pay.

Alloc cannot invent value

Alloc routes meaningful value with provenance. Routing is not admission, mint authority, or policy ownership.

Economics constrains posture

Economics may compute posture and thresholds, but supply action still depends on committed truth and module gates.

Audit observes

Audit exports read-only facts. It does not feed behavior back into Core or upgrade observations into authority.

Policy boundaries

Supply policy shows the conditions Core observes before supply changes can be treated as public state.

  • Policy surface. Public supply policy is observation and constraint disclosure, not a price, liquidity, redemption, or exchange-market promise.
  • Price boundary. Supply, backing, burn, and sink data should not be read as guaranteed liquidity, buyback support, redemption, or price support.
  • Participation boundary. Minting, delegation, intake-lane use, or transaction activity does not create allocation, rewards, ownership, governance power, or future access.
  • Authority boundary. Operators, adjacent chains, wallets, exchanges, and public commentary do not create supply authority.
  • Readiness boundary. A healthy block height is useful liveness evidence, but mint, burn, restaker, distributor, bridge, and export readiness each need their own proof.