Much like oil is to our economy, CommonOil acts as the energy commodity of The Commonwealth Capital Model.

• taxFraction: 10
• opsFraction: 2
• brintFraction: 2
• shareFraction: 10
• fiatFraction: 100
• goldFraction: 5
• fiatDemurrage: 0
• oilDemurrage: 0
• XCO.reserveFraction: 2
• XCF.reserveFraction: 3
• XCG.reserveFraction: 2

Initially, launch policy will remain as baseline data is collected.

Monetary policy changes to be discussed/announced on Discord until Citizen DID + Governance released.

First few monetary policy changes will likely focus on collecting market reaction data from tuning changes rather than stability of CommonFiat.

Stability metrics tbd. While early/low volume, likely not possible to fully achieve until baseline collected.

As XCO is transacted, a portion is pooled in the Commonwealth Reserve, minting XCRS:CommonShare as it does.

Another portion is burnt, using up the commodity and minting XCF:CommonFiat and XCG:CommonGold as a byproduct of the work that burnt XCO. A portion of these minted derivatives are also pooled in the Commonwealth Reserve, underwriting the value of CommonFiat from a multi-asset class capital reserve and the prevailing monetary policy tuning.

Confused/unsure about how many of each derivative will be minted per-transaction? No worries, we've made this calculator to help.

Enter your proposed XCO:CommonOil transfer amount and let us crunch the numbers for you from the current Monetary Policy tunings.

Note: Math likely to change ahead of release.