Token and market risk
8.5 Surface
INT is an SPL token traded on public markets. Market risk is read through three technical surfaces:
| Surface | Technical impact | Public control principle |
|---|---|---|
| Price volatility | USD value of user rewards and staking changes | Emission formulas are published in token units |
| Unlock pressure | Release of locked supply affects circulating supply | Vesting profiles map to public schedules |
| Liquidity | Secondary-market depth determines trade impact | Treasury and BBB mechanics connect to the public economic model |
8.6 Control model
Peak-based emission curve. The daily user-reward pool follows the peak-based formula defined in 04 §4.3. MAU growth changes per-user contribution density through that formula.
Revenue-linked burn. B2B data-product revenue creates the economic source for INT buy-back and burn through the BBB rail (4.9). Burn capacity scales with data-product revenue.
Vesting and staking. PoC distributions follow multi-year vesting schedules (4.13). Staking pools and lock durations make long-horizon holding economically legible (4.6).
Liquidity management. Initial liquidity conditions after the Token Generation Event are managed as part of the launch plan. Treasury movement maps to the authority and record model in 04 §4.10.
8.7 Evolution
As treasury authority migrates to foundation governance, BBB execution, staking parameters, and liquidity operations mature under the same public authority-migration model. The technical paper gives the mechanism formula and authority flow as the stable reference.