Docs / Protocol rules

Finite access. Visible cashflow.

The seat is a burn. The dividend is BTC.

01 / THE RITE

Burn $BVPN once. The registering wallet receives a non-transferable access key for desktop and Chrome.

The key does not travel with a token send. If its wallet key record is emptied, the seat dies.

40% destroyed. 20% treasury. 40% sold for BTC and streamed to $BVPN holders.

25% of net relay profit goes to holders in BTC. 15% buys and burns $BVPN. Treasury keeps the remainder.

At 21,000 seats the rite closes. Resales settle 60% seller, 30% holders in BTC, 10% treasury.

Seats active once per 30 days may receive a small BTC and $BVPN treasury drip. This is not holder yield.

RISK

Token can go to zero. Lose the wallet, lose the seat. Protocol parameters and cashflows are subject to audit.