ONE ASSET. DR. NO DUP.
DUP is retired as an issuance candidate. DR is the single proposed crypto asset. Two roles (basket exposure + PoE economy) must not break backing. Nothing is issued.
DECISIONS
- Proof of Evidence: GO
- Media verify: GO
- Newsroom: GO
- Transaction proof: GO
- DDEI: GO
- DR as one Duplios asset: GO
- DR as qualified-basket exposure: UNPROVEN
- DR as PoE payment/reward: UNPROVEN
- Both roles without breaking backing: UNPROVEN
- DUP issuance: NO-GO
- PoE may mint unbacked DR: FALSE
- PoE technically requires DR: NO
- LEGAL COUNSEL REQUIRED: YES
DR is the proposed native economic asset of the wider Duplios ecosystem and may be used for PoE rewards, bounties and participation.
ARCHITECTURE A–E
| ID | Name | Status | Unbacked as backed |
|---|---|---|---|
| A_FULLY_BACKED | Fully backed token (physical basket held 1:1 with supply) | LEAD | false |
| B_TOKENISED_FUND | Tokenised fund / index (unit of a pooled vehicle) | LEAD_LEGAL_FORM | false |
| C_SYNTHETIC | Synthetic tracker (perps, futures, TRS, overcollateral) | KILL | false |
| D_PROTOCOL_OWNED | Protocol-owned basket | KILL_UNLESS_OWNED | true |
| E_AP_CR | AP creation / redemption (operating system of A/B) | OPERATING_SYSTEM | false |
Tokenised fund / ETP analogue of an AP-funded physically backed tracker. Fully backed physical is the economics; the fund/ETP is the honest legal form. Synthetic tracker = KILL as sole product. Protocol-owned = KILL unless the protocol owns the assets. Never call unbacked fully backed.
AP in-kind and cash creation/redemption. Basket or cash that buys the basket is delivered, then DR is created. Redeem is reverse. Unfunded mint blocked. No APs exist.
LOOP
Slogan coherent: YES. Economy today: FAIL. Paper coexistence: YES. Live: UNPROVEN.
- PoE → DDEI · PARTIAL — Directionally coherent. Live DDEI unpublished. PoE can open missing-evidence tasks; it does not mint free-float history.
- DDEI → DR basket · UNPROVEN — Qualification ≠ weighting ≠ replication. No NAV. DR never a constituent.
- DR holders → PoE bounties · PARTIAL — Only if rewards are transfers/buybacks/creation-funded. Unbacked mint is blocked in this simulator. There is still no circulating DR, so the loop has no fuel.
- PoE fees → DR demand · FAIL — No issued DR, no fee schedule in force, machine agents fail on volatile quote-to-settle (measured vs USDC). Bonds in fixed DR fail crash tests.
- AUM fees → PoE treasury · FAIL — No AUM. No fees. Company revenue and DR economics must stay distinguishable. £0 ≠ a buyback.
- Unbacked mint → NAV · FAIL — Simulator: unbacked mint blocked=true; if forced, would dilute=true. That path is insolvency if backing is claimed.
- DR bond → PoE security · FAIL — drBondingSuperior=false. Prefer USDC_OR_FIAT_ESCROW. Prior DUP crash80=4 vs USDC=100.
Reward models: /lab/reward-funding · Historical two-asset NO-GO: /lab/two-asset