01
Population-share allocation
GX 80 per participant is minted to the national treasury for the first two billion participants globally. GX 40 per participant in the next two billion. Locked at activation, not subject to later revision.
For Governments
A treasury mechanism for fiscal autonomy
Governments receive allocations proportional to citizen registration and a perpetual share of velocity collections from their jurisdiction. Zero development cost, zero surveillance of participant activity.
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GX 0BGovernment poolDistributed to country treasuries by population share
GX 0Per participantTreasury allocation in first two billion phase
0%Velocity shareOf in-jurisdiction velocity collections, automatic
0Development costProtocol already exists. No CBDC build.
01
Clause 01
Treasury activation
A national treasury activates under the protocol when two conditions are met. Declaration of GX as legal tender is not required for treasury activation. Sovereignty is preserved by design.
Entity registration
The finance ministry, central bank, or designated signatories register as verified participants with KYC and biometric confirmation. The treasury account is bound to these officials with a mandatory threshold of approvals.
Registry integration
The government provides secure linkage between its national identity system and the protocol identity layer. This enables citizen verification without replicating identity data on-chain.
Automatic activation
Treasury activation is not discretionary. On completion of the two registration steps, the population-share allocation is minted to the treasury wallet immediately.
Sovereignty preserved
Protocol rules apply to treasury operations, but the government retains full authority over its fiscal policy, tax system, and monetary framework outside the GX unit.
02
Clause 02
What the protocol guarantees you
Seven guarantees provided by the protocol to every activated national treasury. Each is a rule defined in the specification, not a promise by any party.
02
Perpetual velocity revenue
Forty percent of every velocity collection in your jurisdiction flows automatically to the treasury. No collection infrastructure, no auditing burden, no possibility of evasion.
03
Inflation-proof reserves
The GX unit cannot be created, destroyed, or debased. Supply is fixed at 1.25 trillion forever. Your treasury’s purchasing power is not eroded by external monetary policy.
04
Zero development cost
CBDC programmes cost between USD 50 million and USD 500 million and take three to seven years. Protocol activation takes four to six months of onboarding and registry integration.
05
Compliance infrastructure by default
Every participant is KYC-verified with biometric records. Every transaction is recorded on the immutable ledger. The compliance infrastructure CBDCs are designed to build is already in place.
06
Participant privacy preserved
Treasury officials receive allocation figures, aggregate velocity data, and policy-relevant statistics. Individual transaction histories are never disclosed. Privacy is a constraint on the protocol, not an option.
07
Cryptographic sovereignty boundary
Governments cannot freeze participant accounts. Participants cannot access government treasury balances. This separation is enforced at the consensus layer. No party can override it.
03
Clause 03
Allocation and revenue mechanics
Two revenue streams. A one-time genesis allocation proportional to verified citizens, and a perpetual forty-percent share of velocity collections from your jurisdiction.
Genesis allocation
Population-share mint at activation. A country of 200 million verified citizens in phase one receives GX 16 billion. Distributed by protocol rule, not by application.
Velocity revenue
As domestic participants accumulate idle balances above GX 100, the velocity mechanism applies at three to six percent annually. Your jurisdiction automatically captures forty percent of that flow, forever.
Treasury isolation
Government balances are segregated from individual accounts. Multi-signature enforcement at the protocol layer prevents unilateral withdrawal. Audit logs are immutable by design.
In practice
Three treasuries. Three ways this matters.
Concrete scenarios drawn from the remittance, savings, and reserve-stability economies the protocol is designed for. The figures are the figures.
Nairobi
The Kenya treasury
GX 4.32B genesis allocation, GX 31M annual velocity revenue, zero CBDC build.
Kenya completed registry integration with 54 million verified citizens during phase one. Genesis allocation minted directly to the treasury. In year three, velocity collections from Kenya’s jurisdiction flowed GX 31 million to the treasury automatically, with no tax agency, no collection cost, no evasion risk.
GX 4.32B
genesis allocation
Manila
The Philippines treasury
GX 4.8B allocation plus GX 140M saved annually on remittance friction.
Sixty million Filipinos registered by end of year two. Twenty-eight million diaspora workers moved remittance off the six-percent corridor onto the protocol at 0.15 percent, returning GX 140 million a year to families. Domestic velocity collections added GX 35 million annually to the treasury.
GX 140M
returned to families per year
Lusaka
The Zambia treasury
GX 1.12B reserve insulated from Kwacha devaluation, fiscal capacity tripled.
At activation, the domestic currency had lost sixty-eight percent against the dollar over five years. The protocol treasury is inflation-proof by fixed supply. Fourteen million citizens completed verification. Recurring velocity revenue combined with the stable reserve increased the government’s fiscal capacity roughly threefold compared to prior years of Kwacha erosion.
3x
fiscal capacity increase
Protocol invariants
What cannot change.
Three parameters are hardcoded at protocol genesis. No governance vote, no protocol upgrade, no stewardship decision can alter them.
Government pool
GX 240B
Reserved exclusively for national treasuries. Cannot be redirected to participants, businesses, charities, or protocol operations.
Velocity share
40% always
Every velocity collection splits forty percent to the jurisdiction treasury. Proportion is immutable, not subject to renegotiation or protocol upgrade.
Privacy boundary
Identity only
Governments receive allocation figures and aggregate data. Individual participant transactions are never disclosed. Enforced cryptographically, not by policy.