Docs / accounting
Separate funds, clear accounting
Revenue budgets, purchased stock tokens and funded USDG are different balances.
Boundaries
Pons launch principal and liquidity are separate from CARRY revenue. Within CARRY revenue, distinguish Protocol Reserve funds, funds awaiting stock purchases, executed stock holdings, funds awaiting USDG conversion and USDG deposited into reward schedules.
Treasury holdings are protocol-owned. User reward accounting tracks only funded schedules and accrued USDG. Educational calculator balances are examples, not live accounting.
Reporting
No treasury NAV, holdings, acquisition history, staking TVL, rewards paid, volume or holder count is presented as live. Canonical addresses and verified data are prerequisites for live reporting.
One staked CARRY equals one unit of reward weight, with no duration multiplier.
Shares change when stakes change; earlier accrual is preserved. No rewards for time before entry.
Releases pause while the staking pool is empty.