PB supply is fixed at genesis
The protocol is designed around a fixed 21 million PB supply. No discretionary inflation should exist after deployment.
The shortest list of rules PB is supposed to obey, regardless of market cycle, narrative, or operator preference.
This page is not a manifesto and not a marketing summary. It is the plain-English constraint set serious readers can use to judge the contracts, the UI, and future claims.
The protocol is designed around a fixed 21 million PB supply. No discretionary inflation should exist after deployment.
Liquid PB, locked PBc, and per-position PBt tracking exist for different purposes and should not be blurred in documentation or UI.
Entry price, next unlock index, and remaining locked claim are position-level state, not a frontend estimate.
Vault-held PB should remain sufficient to honor remaining PBc claims. Surplus may exist, but reserved backing should not be silently consumed.
Liquidity contribution is allowed only while the vault retains surplus beyond what is needed for outstanding PBc backing.
The protocol should move from distribution behavior to reserve-preservation behavior automatically, not by operator discretion.
Unlocks happen because price reaches the required threshold, not because a date arrived.
The unlock schedule follows a fixed rule on the remaining PBc claim. It is not operator-adjusted per user.
When an eligible buy can settle existing unlocks internally, the protocol should prefer that route before the AMM leg.
Positions do not have a calendar expiration. They converge through repeated unlocks until only dust remains.
The core trust claim is that nobody can later freeze, pause, remint, or rewrite the rules through privileged access.
If the protocol is presented as immutable, the live deployment path must not rely on upgradeable control.
PB's anti-dump design depends on position constraints being enforced consistently, not softened through side channels.
If the UI says something is guaranteed, that guarantee should come from code, not just confidence in the copy.