🎯 Objective
Restore monetary confidence, stabilize purchasing power, and fund environmental initiatives by issuing a fully-backed, blockchain-based currency pegged 1:100 to INR.
🏛 Governance
- Issuer: Independent Monetary Foundation (non-profit, chartered by Mauritian law).
- Mandate: Maintain 1:100 peg, publish reserves, manage treasury operations.
- Keys: Multi-sig / MPC held by distributed signers across jurisdictions.
- Transparency:
- Daily reserve attestations (bank API + Merkle proofs).
- Quarterly third-party audits.
- Public dashboard: supply, peg deviation, Eco-Fund grants.
💰 Reserve Policy
- Coverage: 102% collateral ratio target.
- Composition:
- 40% cash (USD, INR, Euro, Renminbi )
- 60% short-duration T-bills / money market ETFs
- Rebalancing: Weekly ladder optimization; custody split across ≥3 regulated institutions.
🔑 Tokenomics
| Parameter | Value |
|---|---|
| Peg | 1:100 INR |
| Mint/Redeem | Authorized dealers at par (institutional); retail via fintechs |
| Transaction Fee | 0.10% (capped); 0.05% flows to Eco-Fund |
| Supply Rule | Algorithmic: expands/contracts with redemptions |
| Eco-Fund Use | Transparent grants for solar, reforestation, recycling; all disbursements on-chain |
| Slippage Guard | Peg deviation >0.5% triggers temporary fee adjustment or market-maker incentive |
Let’s adopt a corruption free regional crypto !
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