THE PROTOCOL / PLATE II
Held in common.
Released by the rules.
A finite set of claims on a common ETH reserve. No investment manager. No promise of a market price.
I. The reserve
Actual collected creator fees or disclosed funding enter the treasury in native ETH. External products can route a fixed share of real earnings into it. A contract routes revenue; it does not create demand or guarantee fees.
II. The claim
One billion tokens are created at genesis. Every outstanding token carries the same proportional claim, including locked allocations and unsold inventory. There is no additional minting. Final distribution and funding remain launch decisions.
III. The exit
A holder surrenders tokens permanently and receives 98% of their gross treasury share. The other 2% remains for outstanding claims. Gas is separate. If the final holder redeems, the retained ETH is permanently inaccessible.
IV. The boundary
The treasury cannot trade, lend, pause, upgrade itself or pay an administrator. These limits make its intended behavior explicit; they do not remove contract, chain or external integration risks. Independent review remains required.
FOLD is a pre-launch, independently written UFG-inspired prototype. No live FOLD token, funded treasury or independent audit exists. The illustration is an original reference-inspired artwork, not an affiliation with any organization.