- Token named TAI, fixed supply (BTC-inspired), no open market during bootstrap
- Price anchored to inference revenue: team holds ~100% → 36% over ~5 years
- 95% soft buyback floor; ~10% protocol spread funds wind-down reserve
- Wind-down guarantee: protocol can always buy back all issued TAI at issue price
- Open questions section captures unresolved parameters for token launch
Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>
