$SERA token

Value accrual

Not utility — listed separately on purpose. Two mechanisms, both tied to real usage.

Revenue buyback

Protocol fees accrue in stablecoins and buy $SERA on the open market. No emissions, no farming. Zero revenue, zero buyback.

Points conversion

Volume routed through the terminal before launch converts to $SERA at TGE — listed on Uniswap, Robinhood Chain. Earned by usage, not sold.

How the buyback works

  1. Protocol fees on routed trades and metered features accrue in stablecoins.
  2. Accrued fees buy $SERA on the open market.
  3. There are no emissions and no farming programs funding this. Zero revenue means zero buyback.

Points before TGE

Volume routed through the terminal before launch converts to $SERA at TGE. Points are earned by usage, not sold. There is no points marketplace and no points-for-deposit program.

What this is not

Not a staking APY. Not a revenue share to holders. Buybacks and points are the only two channels by which protocol activity touches token supply.