TMCTOL: Token Minting Curve + Treasury-Owned Liquidity

A tokenomics framework with mathematically guaranteed price boundaries through liquidity accumulation. Transforms unlimited downside risk into calculable bounded risk.

Key Features

Price Boundaries

• Ceiling: Driven by linear minting curve
• Floor: Backed by treasury-owned XYK liquidity
• Worst-case: 11–25% of ceiling, depending on bucket utilization

Self-Reinforcing System

• Price Ratchet: Growth raises floor and ceiling
• Bidirectional Compression: Burning lowers ceiling, TOL raises floor
• Automatic Liquidity: 66.6% of mints locked in TOL

How It Works

Core Components

1. TMC: Minting with supply-dependent linear price growth
2. TOL: XYK liquidity from mints under community control
3. Axial Router: Routes to best price with fee burning

Mathematical Guarantees

// TMC Ceiling
let ceiling = initial_price + (slope × total_supply / PRECISION);

// XYK floor
let k = TOL_native * TOL_foreign;
let floor_price = k / (TOL_native + tokens_sold)²;

Getting Started

For Researchers

• TMCTOL Manifesto - Philosophical foundation and resilience architecture
• Specification - Framework foundation and core concepts
• L2 TOL - Second-order DAOs with autonomous liquidity
• Axial Router - Cross-LP routing mechanics

Simulator & Validation

• Model - Tokenomics implementation
• Tests - 55 test cases validating system guarantees
• Tests Mirror - Live Test Documentation Suite

Run tests:

deno ./simulator/tests.js