Liminal Commonwealth
Circulation Bond Protocol
A self-sustaining circular economy where value flows through the network, creating economic velocity without central authority.
What are Circulation Bonds?
Circulation bonds (LCUSD) are NOT a tax - there's no centralized authority taking funds. Instead, they represent your commitment to circulate value within the network.
You have complete freedom to choose WHERE to spend your circulation bonds, but you MUST spend them somewhere within the network. This creates a self-sustaining circular economy where value continuously flows, supporting all members.
How the 30% Circulation System Works
Pay with USDC
70% liquid immediately, 30% as circulation bonds backed 1:1 by treasury USDC
Pay with LCUSD
Burns circulation bonds, releases treasury USDC to recipient, 30% stays in reserves
Mixed Payment
Flexible combination - 30% of total value flows to treasury sustainability
Core Principles
Not a Tax
No central authority taking funds. It's an obligation to circulate value.
Freedom of Choice
Choose WHERE to spend your bonds. Complete merchant freedom.
Circulation Obligation
MUST spend within network. Creates economic velocity.
Decentralized Treasury
No single owner. Role-based governance. Full transparency.
Key Features
LCUSD Circulation Bonds
Fully backed 1:1 by USDC in protocol treasury. Redeemable anytime (escape hatch).
Guild System
Create or join guilds. Each guild can set its own economic rules on top of the protocol.
Treasury Sustainability
30% of all transactions build protocol reserves. Funds future grants and opportunities.
Ready to Join?
Start participating in the circulation bond economy. Mint testnet USDC, join a guild, and help build a self-sustaining commonwealth.