Stable-Reserve Coin (bUSD)

bUSD is a decentralised reserve asset that keeps price ≥ 1 USDT via over-collateralisation and algorithmic bonds.

Parameter	Value
Initial Mint	50 000 bUSD @ 4 USDT
Backing	400 % (BLUE + TON + USDT)
Rebase Epoch	8 h
Initial Rebase	0.39 %

Bond Markets

Term	Initial Discount	APR*
5 d	94.5 %	5.5 %
14 d	84 %	16 %
30 d	72 %	36 %
90 d	45 %	155 %

*After discount → realised over term.

Peg Defence

• Treasury auto-buyback when bUSD < 1 USDT by 10 % for 7 days.

• Sell-side 5 % fee funds buyback pot.

Treasury Backing Formula

$$Backing Ratio = (Treasury BLUE × mvBLUE + Treasury TON × mvTON + Treasury USDT) --------------------------------------------------------------- ≥ 4 bUSD_total_supply$$