THE DUAL-VALUE TOKEN

MKVLI

Every token tells a story. MKVLI accrues unique history through VRDI participation, creating both speculative value and guaranteed liquidity.

ACCESS PORTAL

Speculative Value

Each MKVLI token carries a unique Provenance Chain—a cryptographic record of every VRDI it participated in. Tokens that funded life-saving medicine deliveries, verified ethical supply chains, or backed successful community projects become collectible artifacts of impact.

  • NFT-like uniqueness with fungible liquidity
  • Immutable history increases collector value
  • Secondary market for "storied" tokens

Reserve Value (Floor)

Regardless of provenance, every MKVLI token can be redeemed against the Reserve at the guaranteed floor price of $1.11. This is the "atomic safety net"—the mathematical certainty that your token always has intrinsic value, backed by real assets in the Reserve.

  • $1.11 floor backed by treasury assets
  • Instant redemption, no slippage
  • Proof of Reserve attestations on-chain

REDEMPTION FORMULA

The immutable law governing value. A self-balancing equation binding price to reserves. Unlike fiat, MKVLI is not decreed—it is derived.

Ψ
PRICE
=
Ω
RESERVE
/
Σ
SUPPLY

MASTERY OF VALUE

"By binding token supply directly to reserves via this immutable equation, RENSNCE creates intrinsic liquidity. The price reflects the health of the underlying loan portfolio—transparency, not promises."

Phase-Based Lending

DIOs release funds in phases tied to milestones. If a borrower underperforms, remaining phases are frozen. This limits exposure and prevents catastrophic defaults.

Community Freeze

If a DIO shows signs of distress, the community can vote to freeze further disbursements. This protects the Reserve and preserves the redemption price for all holders.

Price Reflects Health

Ψ can dip if loans underperform, but complete defaults are rare. As DIO interest flows into the Reserve, Ω grows and Ψ appreciates over time.

How Token History Accrues

01

Token Minted

A new MKVLI token is minted with a clean slate—a "Genesis" token with no history.

02

VRDI Participation

The token is used to fund a VRDI (e.g., a vaccine delivery in Lagos). This event is recorded on-chain.

03

Provenance Recorded

The VRDI hash, recipient confirmation, and impact metrics are appended to the token's provenance chain.

04

Value Accrued

Each participation adds to the token's "story." Collectors may pay premiums for tokens with rich histories.

Anatomy of a MKVLI Token

MKVLIToken #4,892,301
3 VRDIs
$1.11 Floor
Lagos
Singapore

CORE PROPERTIES

Token ID
0x7f3a...4e21
Mint Date
2024-06-15
Floor Value
$1.11 USDC
Market Value
$3.47 (3.1x)

PROVENANCE CHAIN

#1
Vaccine Delivery
Lagos, Nigeria • 2024-08-12
120 doses
#2
Solar Panel Install
São Paulo, Brazil • 2024-09-03
2.4kW
#3
Grain Shipment
Singapore • 2024-11-22
500kg

Market Dynamics

Tiered Markets

"Genesis" tokens (no history) trade closest to the $1.11 floor. "Storied" tokens with impactful VRDIs command premiums. The most collectible tokens may trade at 10x+ floor.

Arbitrage Opportunity

If a storied token trades below floor, arbitrageurs can buy it, redeem against the Reserve for $1.11, and pocket the difference. This creates a hard floor.

Price Discovery

Speculative value is determined by supply/demand for specific provenance histories. Verified impact metrics create objective valuation signals.

Ready to Start Your Token's Story?

Every MKVLI you hold or trade carries the potential for a unique history. Participate in VRDIs to add provenance and value.

Explore Initiatives Read the Codex