PENNI XReserve On Arc (GTD)
The Reserve is a stock-backed NFT protocol on Arc. Its pitch: most yield NFTs only have a “sentiment floor.” When attention dies, the bid goes to zero. The Reserve tries to replace that with a code-enforced stock floor
There are 5,000 reserve vaults (a nod to the Federal Reserve Act). Each reserve vault is a titled claim on its own non-custodial vault “cage,” not a generic JPEG. At mint:
50% of the price buys tokenized stocks into that reserve vault’s cage
35% goes to permanently locked liquidity
15% goes to the protocol treasury
The hard floor is the Stock Window. A bearer can burn the reserve vault at any time and take 100% of the stocks in its cage. No pause switch, no admin key. If a reserve vault lists below vault value, an arbitrageur can buy it, redeem the stocks, and pocket the gap. Each redemption also destroys one of the 5,000 reserve vaults, so remaining reserve vaults share a smaller supply
One-line version: 5,000 stock-caged reserve vaults on Arc that mint with 50% equities, grow more stocks from swap fees every hour, pay stock coupons, and can be burned for the stocks in the vault — so the floor is meant to be math, not vibes.
