Author(s):** Irfon Watkins, CEO, DOVU (DOVU Global Ltd)
- **Related Discussions / References:**
- The Authority Layer — institutional overview: https://authority.dovu.ai
- $TRUST live supply & token page: https://trust.dovu.ai
- **Submission Date:** 25 June 2026
- **Type:** Request for Comment (RFC)
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## Summary
DOVU intends to establish a **DOVU/$TRUST concentrated-liquidity pool on SaucerSwap V2** as the primary public market route for $TRUST, the utility token of Authority Trail. DOVU will seed and own the liquidity directly (protocol-owned liquidity), so **this RFC requests no LARI incentives, no per-epoch token emissions, and no SAUCE reward weight.** It is submitted for transparency and community awareness rather than to draw on the SaucerSwap treasury. We welcome feedback on the proposed fee tier and structure.
## Abstract
$TRUST is the metering token for Authority Trail — a public, Hedera-native protocol that records who held which role, granted by whom, valid over what window, and whether it was later revoked. $TRUST is a *consumed-medium* utility token: reads of authority-state are free; consequential writes (identity registration, role grants, delegations, renewals, revocations) consume $TRUST. It is explicitly **not** a reward token, a passive staking product, or a governance instrument.
At launch, the only protocol-endorsed public market route to $TRUST is the **DOVU/$TRUST pair**. DOVU ($DOVU) remains the execution token and becomes the gateway into the authority economy. DOVU will provide the liquidity itself, as a concentrated, protocol-owned position, and is not seeking emissions to do so.
## Motivation
- **Establish a single, canonical, protocol-endorsed venue for $TRUST** so price discovery and routing are not fragmented across ad-hoc third-party pools.
- **Add a legitimate, fully-disclosed, Hedera-native utility token** to the SaucerSwap ecosystem, with verifiable on-chain token controls (see Specification).
- **Demonstrate a non-extractive listing model**: DOVU brings its own liquidity rather than requesting SAUCE emissions, keeping the request cost-free to the SaucerSwap treasury and aligned with $TRUST’s utility-token positioning.
## Specification & Rationale
### 1. Token information
| Field | Detail |
|—|—|
| Token | $TRUST (TRUST) |
| Token ID | `0.0.10607411` |
| Network | Hedera (HTS native) |
| Genesis supply | 100,000,000,000 (100B) |
| Decimals | 4 |
| Supply growth | Fixed 1% annual compounding ceiling, non-discretionary, minted only to treasury via `claim()` |
| Mint authority | Audited issuance contract `0.0.10607410` holds the sole supply key |
| Other keys | **No** admin, freeze, KYC, wipe, pause, or fee-schedule key exists |
| Issuance/treasury contract | `0.0.10607410` |
**Genesis allocation (100B):** Authority Trail Ecosystem 40% · Community Participants 25% · Treasury & Protocol Reserves 15% · Team & Contributors 10% · Strategic Partners & Advisors 5% · Liquidity & Market Access 5%. Major buckets vest with cliffs per the published tokenomics; all token controls above are independently verifiable on HashScan.
**Launch context:** $TRUST has been minted on Hedera mainnet. It is positioned as infrastructure for accountability — a metering instrument for authority-state writes — and is described in full in *The Authority Layer* overview (linked above).
### 2. Pool parameters
| Field | Detail |
|—|—|
| Requested pool | DOVU/$TRUST on SaucerSwap V2 (concentrated liquidity) |
| Token0 / Token1 | DOVU (`0.0.3716059`, 8 dp) / $TRUST (`0.0.10607411`, 4 dp) |
| Proposed fee tier | **1.00%** (tickSpacing 200) |
| Primary venue? | **Yes** — the DOVU/$TRUST pair is the only protocol-endorsed public market route to $TRUST at launch |
**Fee-tier rationale:** $TRUST is a newly launched token entering price discovery. The 1.00% tier compensates liquidity through a volatile early period and discourages low-value arbitrage churn. As the primary liquidity provider via POL, DOVU bears the impermanent-loss profile of that choice. We are open to governance feedback if a 0.30% tier is preferred for trader experience and volume.
### 3. LARI / incentive request
**DOVU is requesting no incentives of any kind for the DOVU/$TRUST pool:**
- **$TRUST per epoch:** none
- **DOVU per epoch:** none
- **Duration:** N/A (no incentives requested)
- **SAUCE reward weight:** none requested
**Rationale:** $TRUST is a consumed-medium utility token, not a reward or farming asset. Subsidised LP farming would attract mercenary capital and farm-and-dump pressure that is inconsistent with the token’s purpose and damaging to its market. DOVU therefore provides its own concentrated, protocol-owned liquidity rather than seeking emissions. This keeps the listing cost-free to the SaucerSwap treasury.
**Transparency disclosure:** DOVU already receives a LARI weight on the existing **DOVU-HBAR** V2 pool (9.08% SAUCE weight, ≈105,305 SAUCE in Epoch 61). **This RFC requests no change to that allocation and seeks no additional weight** for the DOVU/$TRUST pool.
## Benefits (Pros)
- **Zero cost to the SaucerSwap treasury** — no SAUCE, no emissions requested.
- **Real, protocol-owned liquidity** rather than incentive-dependent mercenary liquidity.
- Adds a **fully-disclosed, key-locked, Hedera-native utility token** to the ecosystem, with controls verifiable on HashScan.
- Sets a **non-extractive precedent** for utility-token listings.
- Strengthens $DOVU as the gateway asset into a new on-chain authority economy.
## Downside (Cons)
- $TRUST is **newly launched and unproven**; early price discovery may be volatile.
## Voting
Because no treasury funds or emissions are requested, this RFC is primarily for **transparency and community awareness**; pool creation on SaucerSwap V2 is permissionless. We invite the community to indicate support so the listing is recognised by governance:
- **Option A — Acknowledge / support** the DOVU/$TRUST V2 listing as described (POL-backed, no incentives).
- **Option B — Request changes** (e.g., alternative fee tier) before acknowledgement.
- **Option C — No change** (do not acknowledge at this time).
We welcome feedback on fee tier and structure during the minimum 3-day RFC window.