ReservePROPOSEDNOT DEPLOYED

Five ledgers. Every one holds zero.

“AI usage buys TAO.” is a proposed policy. A proposed policy, not a running one: charging is OFF, revenue is $0, no TAO has been bought and no token exists. This page is the status surface for what a reserve would hold, by accounting class, until something is funded. It becomes a balance sheet only when there is a balance.

LIVE ROUTER

VERIFIED

Runs today: a request is routed, answered and recorded. Free while charging is off.

PROPOSED ECONOMICS

PROPOSED

Written down and modelled. Charging is off, revenue is $0, no fee is collected and no TAO has been bought.

NOT-DEPLOYED TOKEN

NOT DEPLOYED

TAON has no contract, no address and no market. 0 of 8 token gates are met.

The five classes, today

A reward vault holds assets against user liabilities. A permanent reserve holds protocol-owned assets. The two are never mixed, never reported as one balance, and a page never calls one by the other’s name.

LIABILITY

Reward-vault liabilities

NOT DEPLOYED

Bridged TAO a reward vault would hold against stakers’ claims. The vault has no equity: every unit it holds is owed to the staker class. It is never a TAONIC asset.

No vault contract exists. Funded liability: none. Accrued: none. Coverage: not applicable.

PROTOCOL-OWNED ASSET

Protocol-owned reserve

NOT DEPLOYED

TAO owned by TAONIC whose principal is never distributed. Nobody holds a claim on it. Funded, if ever, only from the treasury half by an owner decision, never from the stakers’ half.

No reserve address. TAO acquired: none. In version one the Demand Reserve is a published index with no capital behind it.

PROTOCOL-OWNED ASSET

Treasury assets

NOT DEPLOYED

Operating funds under the treasury multisig: the treasury half of eligible fees and of eligible surplus, spent in eight published categories.

No multisig, no address, no signers (OWNER DECISION), no statement.

CUSTODY

Native-Bittensor custody

ZERO

TAO or subnet alpha held on Bittensor under a coldkey or a contract mirror, which is the only place TAO can be staked. A custodial boundary with its own signers or keepers.

No coldkey, no multisig, no Bittensor-side contract. Nothing is staked anywhere.

RESTRICTED, IN TRANSIT

Bridged assets

ZERO

Bridged TAO on Robinhood Chain moving between a fee collector, the vault, the treasury or a bridge lane. It depends on its issuer and on the Chainlink CCIP lane to Bittensor EVM, the only lane out.

No fee collector, no balance, no bridge transaction. The bridged TAO contract itself exists and is an external fact, not a TAONIC holding.

Read from truth: charging is OFF, customer revenue is $0, eligible surplus is $0 and TAO acquired is UNAVAILABLE. Charging is not enabled yet, so customer charge, revenue and eligible surplus are real zeros. No TAO has been acquired, because no system that could acquire it exists.

What each class would show once funded

The published lines of each class, as specified; none has a value today
Class	Would publish	Never publishes
Reward-vault liabilities	Funded, owed to stakers; accrued and unclaimed; streaming over the next days; received and waiting; coverage in units; the source split between market fees and product deposits.	A projected rate, an APY, a “you will receive” figure.
Protocol-owned reserve	Address, balance at a stated block, each purchase or “no purchase” record with its reference price, and the custody drill.	A claim by anyone on its principal.
Treasury assets	Opening and closing balance at a stated block, inflows by sweep, outflows by category with payee role, related-party section, signer set and threshold.	Spending described as decentralized while signer-controlled.
Native-Bittensor custody	Coldkey or contract address, staked positions by subnet, realized proceeds, the slippage against the depth bound.	Alpha marked as if it were TAO.
Bridged assets	Collector balance awaiting sweep, bridge transactions by hash, the lock-pool backing ratio from an off-chain monitor.	Bridged TAO described as native TAO.

The asset a reserve would hold

On Robinhood Chain (chain 4663) the only TAO is a bridged representation. Its identity is verified; the governance of its issuer is not. A healthy chain, that token and Uniswap v4 infrastructure are external facts: none of them means a TAONIC contract or balance exists.

What is known about the bridged TAO, with the classification of each claim
Claim	Classification	Source
Bridged TAO on Robinhood Chain is the Chainlink BurnMintERC20 at 0xf3081494B87e8D5fb7960f066E931D1D0e6E3d67, 18 decimals, no transfer fee, no pause, no blacklist, not a proxy.	VERIFIED IN CODE	Sourcify v2 exact match (chain 4663); eth_call at block 106,538,331 (read 2026-11-05)
Its supply is uncapped and a Safe-style admin can grant minting rights to any address.	VERIFIED IN CODE	maxSupply() = 0; hasRole and RoleGranted logs (blocks 46,972,275 to 96,972,274; later window unread, HTTP 429) (read 2026-11-05)
The admin Safe’s owners and threshold; any minter granted after block 96,972,274; CCIP rate limits; whether the 964 lock-side token redeems for native TAO.	UNKNOWN	Settled by getOwners, getThreshold, the unread log window and the lock-side token code (read 2026-11-05)
The Bittensor EVM lock pool held 14,945.84 TAO against 14,945.85 TAO minted across Robinhood Chain and Base.	VERIFIED IN CODE	eth_call on chains 964, 8453 and 4663, within minutes of one another (read 2026-11-05)
A project called Forever Money operates the bridge.	PUBLIC CLAIM NOT CODE-VERIFIED	Press articles; nothing on chain or in Chainlink’s directory names an issuer (read 2026-11-05)

Token (proposed)Demand Status: the evidence matrix and the gates Docs: the mechanism and its sources