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Five days at issue. 340 GLD — $170,000 in gold — paid out to bearers. 362,000,000 robinhood:0x942e390b0d316c897336620da42a2f2a340f93ec burned. 36.2% of supply, gone for good. Notes that pay in gold. Redeemable in GOLD.
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End of Day 4 Statement • 334 GLD (valued at over $167,000) paid out to bearers • 33% of $RSRV supply permanently burned Four days at issue. Redeemable in GOLD.
The balance sheet update: 317 GLD distributed ($151,000 total value) directly across activated Notes. 27.5% of total token supply permanently burned from existence. The open market desk runs around the clock. Volume contracts the supply, and arithmetic expands the cages. Inspect your cage balance and settlement: Redeemable in gold.
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