Inside the Golden Vault

Every GBLIN token is backed by a proportional share of the protocol's treasury. The vault holds a diversified mix of Ethereum (WETH), Coinbase Bitcoin (cbBTC), and USD Coin (USDC). As these underlying assets grow or the protocol collects fees, the intrinsic value of GBLIN increases.

Treasury architecture

Fully collateralized by top-tier assets (WETH, cbBTC, USDC).

Designed as a redeemable reserve on Base: on-chain collateral (cbBTC, WETH, USDC), rule-based rebalancing, no management fee.

1. Accumulation (Stability Fee)

Every time a user buys GBLIN, the protocol applies a 0.1% institutional fee. Exactly half of it (0.05%) feeds the protocol: part tops up a protected keeper reserve (stabilityFund), and the remainder is absorbed directly into NAV.

3. The Key Action (Mathematical Revaluation)

On every buy, the part of the stability fee not needed to refill the keeper reserve stays in the contract as real collateral (WETH). By adding collateral without minting new GBLIN, the mathematical and intrinsic price of every existing GBLIN increases immediately.

Protected reserves

Redistributed to all holders

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Users do not need to 'claim' anything or pay extra gas. The split is built into the protocol's core fee logic and runs automatically on every buy. The protocol self-updates, so reserve-per-token updates on every buy, without user action.

Stability Fund

0 WETH

Immediate liquidity buffer

Intrinsic Value (NAV)

$0.00

Treasury net asset value