MKVLI
The native dual-value token of the RENSNCE ecosystem, featuring both a guaranteed floor price ($1.11) and speculative value based on its unique provenance history from VRDI participation.
MKVLI is unlike any token in DeFi. Each token carries a cryptographic "Provenance Chain"—an immutable record of every VRDI it participated in. A token that funded vaccine deliveries in Lagos, solar panel installations in São Paulo, and grain shipments to Singapore becomes a collectible artifact of verified impact. Genesis tokens (no history) trade closest to the $1.11 floor, while "storied" tokens with rich histories command premiums in secondary markets. This creates dual value: speculative upside from collectors seeking provenance, plus guaranteed liquidity from the Reserve at any time.
Related Initiatives
Related Concepts
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The Reserve
The on-chain treasury backing the MKVLI floor price, holding diversified assets (stablecoins, tokenized bonds, DIO interest) and providing instant liquidity at $1.11 per token.
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Floor Price
The guaranteed minimum value ($1.11) at which any MKVLI token can be redeemed against the Reserve, providing downside protection regardless of market conditions.
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RWA Tokenization
The process of creating a digital twin of a Real-World Asset (like real estate, gold, or debt) on a blockchain, allowing it to be traded globally 24/7.