II. Issuance Mechanism Design

1. Deflationary Model

   • Transaction Fee Burn: 0.3% of each on-chain transaction fee is burned to reduce circulating supply.

   • Staking Reward Deflation: 20% of staking rewards are used for buyback and burn, enhancing scarcity.

   • Dynamic Inflation Control: If the token price drops 30% below issuance price, DAO may vote to pause inflation rewards until recovery.

2. Issuance Phases

   • Private Sale: Sold to institutions and accredited investors at a 30% discount ($0.7/token), subject to KYC/AML checks.

   • Public Sale: Launch IEO on MEX at $1.0/token, capped at 500 tokens per account to prevent whale manipulation.