Supply
0GRIP
NEP-141 on NEAR testnet
Supply follows grip.
Lock 60% of the live float and the token mints, paid to the lockers. Let it fall under 35% and it burns, out of a reserve the contract owns. No owner mint, no pause, no setters.
Locked
0GRIP
Reserve
0GRIP
Epoch
0
Public demo instance. The locked share above is one scripted account, renewed every 5 minutes by a keeper on Cloudflare, not organic demand. An epoch here is 60 seconds, not the 86,400 a production deployment would use, so supply moves about 1,440x faster than it would in the wild. The rule is unchanged: no admin path exists, lock() and tick() are public methods.
01
The rule
Four lines, fixed at deploy
01
Locks expire
A lock stops counting at its deadline, before the rule runs. Grip has to be renewed, or it decays into a burn epoch. One passive holder cannot hold the metric up forever.
until_epoch ≤ epoch
02
Grip at 60% mints 1%
Paid pro rata to whoever is locked, and paid out unlocked. The locked total always equals the
sum of positions, so a reward never inflates the principal that earned it. The mint stops at
4× genesis: a percentage of the current supply compounds, and a rule with no
ceiling is a runaway by construction.
mint_bps = 100
03
Grip at 35% or less burns 2%
Drawn only from the reserve the contract holds. When the reserve is spent, the epoch records
hold instead. The burn budget is finite by construction.
burn_bps = 200
04
Anyone can tick
One call evaluates the epoch. There is no admin key, no pause, and no upgrade path: after deploy, the deployer has no power over the numbers.
tick()
02
Evidence
reading chain
| Epoch | Action | Amount | Grip | Supply after | Time |
|---|---|---|---|---|---|
| reading chain | |||||
03
Verify
No indexer, no backend
Contract
What this page reads
One view call,
get_state, on a public RPC. The chart is the
contract's own history array. Nothing here is stored, so a reload re-reads the chain.Reproduce it
cd contract && cargo test
cd sim && python3 sim.py
cd demo && npm run demo
cd sim && python3 sim.py
cd demo && npm run demo