{
  "policy_id": "treasury-2026-09-26",
  "published_date": "2026-09-26",
  "status": "persistent SQL wallet service; owner initialization and individual payment instructions required",
  "owner": "Ben Đ Om",
  "operator_brand": "DCLXVI LC",
  "governance": "centralized owner-controlled Treasury",
  "recall_seconds": 2592000,
  "recall_destination": "Treasury-owned inventory; prior holder entitlement ends under accepted wallet terms",
  "recall_scope": "all circulating online wallet lots; physical coin integration remains proposed",
  "renewal": "transfers to a different registered wallet renew the transferred amount; common ownership across sign-ins is not reliably detected",
  "terms_changes": "30 days public notice; existing lots retain their accepted terms",
  "supply_ceiling_nbtc": "21000000",
  "precision": 11,
  "distribution": "Treasury releases; no public mining allocation",
  "bitcoin_mirror_formula": "n = -(bitcoin_height + 1)",
  "bitcoin_sync_status": "not connected",
  "bitcoin_tip": null,
  "bitcoin_redemption_status": "no general redemption right; optional merchant settlement under accepted funded quotes",
  "lsm_backing": {
    "stated_minimum_usd": "50000000000000",
    "valuation_source": "Separate Gemini and GPT AI analyses, reported by Ben Đ Om as independently estimating a $50 trillion minimum",
    "independent_appraisal_published": false,
    "asset_assignment_published": false,
    "holder_rights_agreement_published": false,
    "verified_liquid_reserve_usd": null,
    "valuation_basis": "Reported minimum vested value of unfinished, unpublished LSM fusion-energy trade secret/IP",
    "original_ai_valuation_reports_published": false,
    "ai_estimates_independently_verified": false
  },
  "sales_status": "individual owner quotes; external payments manually verified",
  "payment_address": null,
  "live_circulating_supply": null,
  "public_audit_checkpoint": null,
  "live_recall_service": true,
  "demonstration": "/nbtc-treasury-model.mjs",
  "full_policy": "/nbtc-treasury.md",
  "status_endpoint": "/api/nbtc/status",
  "wallet": "/nbtc/wallet",
  "current_wallet_terms": "/nbtc-wallet-terms.md",
  "signing": "single hosted Ed25519 key; multisignature not implemented",
  "current_policy_id": "nbtc-live-2026-09-26",
  "merchant_acceptance": "direct nBTC invoices; requires a willing registered seller",
  "merchant_payout": "no automatic BTC or fiat payout",
  "merchant_guide": "/nbtc-merchant-guide.md",
  "privacy": "pseudonymous public wallet addresses, amounts and timestamps; not anonymous",
  "device_loss": "server balance survives device loss; same-account access required; normal expiry continues",
  "btc_merchant_settlement": {
    "status": "workflow implemented; closed until owner funding and activation",
    "availability": "/api/nbtc/bridge-status",
    "terms": "/nbtc-settlement-terms.md",
    "max_payment_sats": 100000,
    "max_outstanding_including_fee_budgets_sats": 1000000,
    "rolling_24h_start_budget_sats": 1000000,
    "minimum_confirmations": 3,
    "customer_fee_atoms": 0,
    "network_fee_payer": "Treasury",
    "broadcast": "owner external wallet only; site cannot sign or send BTC"
  },
  "wallet_reference_estimate": {
    "basis": "1 nBTC = 1 BTC pricing convention; not a guaranteed market price or redemption quote",
    "source": "Coinbase BTC-USD spot",
    "endpoint": "/api/nbtc/reference-price",
    "refresh_seconds": 60,
    "max_age_seconds": 120,
    "excludes": "expired amounts and protected settlement holds"
  },
  "wallet_deadlines": {
    "clock": "server Unix milliseconds plus monotonic browser elapsed time",
    "display": "UTC, Unix seconds and live countdown for every unspent lot",
    "maintenance": "countdown frozen; final Unix deadline recalculated on resume"
  },
  "minimum_unit": "talent",
  "minimum_unit_nbtc": "0.00000000001",
  "talents_per_nbtc": "100000000000",
  "legacy_precision": 8
}