Monthly releases

The shared cap is calculated from CHTA already released and not burned. The monthly cap follows the original 60-year monetary rule. All remaining allocations can participate within their release rules, restoring a 90 million conditional ceiling. Staking has no separate allocation.

Monthly market supply

The 70 million CHTA reserve releases tokens into sale inventory after each month ends, starting with month one. The rate applies to supply already released and not burned, beginning from 5 million. No tokens are given away. Unsold released inventory waits for buyers; it is not burned each month.

Management restrictions

No new Management Treasury releases during the first 12 months. Afterward, sales and new liquidity inventory share at most 20% of monthly capacity, further limited to one quarter of actual releases outside the treasury. Releases are checked against a 24-hour reference price built only from outside bids that rested at least an hour; the project's own orders never count. All treasury releases in a month together may not exceed 2% of outside bids that rested at least an hour, priced no lower than 98% of the reference. All reserve-funded bids together may not exceed 10% of the reserve over any rolling 30 days. The project's own orders never trade with each other: while a reserve-funded bid may still rest (two days, and until its expiry slot on the market), project and management asks must be priced above it and direct release sales pause, and reserve-funded bids must be priced below any resting project or management ask. Each reserve-funded bid is at least 1/16 of the 30-day bid budget. If outside bids stay below the minimum depth for at least 24 hours, confirmed by observations no more than two hours apart, the reserve may still buy within that cap, at most at 95% of the last outside reference (or of the auction price if that reference is older than 30 days).

Sales, liquidity and project reserves

The Management Treasury combines the original founder, market-support and former staking allocations: 15 million CHTA in total. One manager can direct sales and funded buy/sell orders on the same market, with sales at no less than 95% and reserve-funded bids at no more than 105% of the 24-hour reference price; without a live reference, sales cannot go below the larger of the opening auction price and 95% of the last outside reference (if at most 30 days old) and the reserve funds bids only under the crash exception. Sale revenue returns to the project reserve. Expenses are paid straight from the project reserve when an approved expense is paid, never moved ahead of time. Sale revenue is 100% spendable; beyond it, reserve spending over any rolling 30 days is limited to 25% a year of the reserve (25%/12 per 30 days) and keeps the project floor. The fixed technical cost (server, RPC) has its own allowance of 12 quote units per rolling 30 days (10 plus a 20% margin) that neither the project floor nor other spending can block, so the system keeps running. Expenses wait seven days, can be cancelled by the administrator or the offline recovery key and can never be paid back into project accounts. After the 60-year close, no new Charta is released and management orders end, price observations continue, and sale revenue can still pay expenses under the same limits. This is not a price or redemption guarantee. Returning or cancelling an order does not create a new release allowance. The founder and team trade CHTA only from publicly declared wallets, never from undisclosed accounts; those addresses will be published before launch.

The current V23 draft passes its local test suites in a Solana simulator, including the complete 720-month release calendar, and builds reproducibly with a public toolchain. It is not deployed or independently audited, and it is not live liquidity, guaranteed buybacks or a guaranteed token price.