Every trade
raises the floor.
A cut of every trade becomes permanent backing you can redeem against. Nothing takes it back out, so the floor under the token only climbs — with every buy and every sell.
Price may fall. The floor may not.
Most curves forget. Liquidity arrives, price moves, and the energy that built the market survives only as a chart of what once happened. Iwao keeps it: every exchange leaves the ground higher than it found it.
The mechanism
Buy above · trade the band · exit at bedrockBuy above the floor
New supply issues along one immutable curve. At least half of every net buy compounds permanently into the floor reserve — every token arrives carrying its own backing.
Trade inside the band
Real two-sided depth carries price between the live market and its protected floor. Tokens sold back become inventory the next buyer can take — nothing is wasted.
Exit into bedrock
Any holder can redeem at the floor, less the fixed fee. Redeemed tokens burn forever, so reserve and claims shrink together and the ratio ticks up.
Buy or sell — the floor only rises. No admin key, no upgrade path, no team allocation. The rules are arithmetic, and no one can rewrite them.
The bedrock, in numbers
Reference calibration · mainnetLive onchain figures arrive with the dashboard → /dashboard