Demo — prices and balances are simulated. Nothing here is a real offer. What’s this?

Contracts

The smart contracts that hold title and settle trades, the parameters they enforce, and the approved venues tokens can move through (Token Terms A13).

Network

Simulated — no contracts

This deployment runs on a simulated ledger that applies exactly the same rules as the contracts, with demo USDC.

Transfer Validator whitelist

Tokens use the Limit Break Transfer Validator V5 whitelist ruleset with direct wallet-to-wallet transfers blocked. Only these contracts can move tokens:

  • Marketplace — sales, accepted bids and fee-paying transfers
  • RedemptionManager — delivery escrow and retirement

Parameters

Trade fee3% of max(price, PAV)
Minimum bid lifetime24 hours
Maximum bid lifetime90 days
Maximum asking-price lifetime180 days
Dormancy stage 15 years · reclaim 50% of PAV
Dormancy stage 210 years · reclaim 100% of PAV (cumulative)
Redemption fee10% of PAV
PAV guardrailsmax 50% change, once per 24 hours

Upgrades and changelog

The registry can be upgraded only to fix security issues, comply with law or add features, with 14 days’ notice except in an emergency. No upgrade may change which item a token represents or who owns it (Token Terms A17).

[date]Initial deployment of AssetRegistry v1, PAVOracle, Marketplace and RedemptionManager. Admin held by a TimelockController (48-hour delay on mainnet) controlled by a Safe.