{"success":true,"source":"pre-deploy-disclosure","report":{"updated":"2026-07-03T20:30:34.011Z","onchainVerifiable":false,"model":"Model 1 — Hybrid Progressive → Full 100% USDC/USDT backed by year 3","architecture":{"backingReserve":"USDC/USDT/BTC/USDK collateral for CIRCULATING USDK (KairosReserve.sol on chain 7778)","swapLiquidity":"USDK Vault (chain 7778) — users swap crypto→USDK here since no fiat on/off ramp yet","operationsPool":"USDK used to pay Casino/Predict winners + Elite tips settlement"},"targetBackingRatio":1,"currentEstimatedRatioBps":2000,"disclaimer":"This is a pre-deploy static disclosure. Once KairosReserve.sol is deployed to chain 7778 with reserves, this endpoint reads directly on-chain and becomes cryptographically verifiable.","backingReserves":[{"symbol":"USDC","balance":null,"usd":null,"note":"Reserve grows from platform fees (50% split)"},{"symbol":"USDT","balance":null,"usd":null,"note":"Diversification target 30% of reserve"},{"symbol":"USDK","balance":null,"usd":null,"note":"Self-locked in stability pool"},{"symbol":"BTC (wBTC)","balance":null,"usd":null,"note":"Uncorrelated permanent reserve, 10% target Phase 2+"}],"swapLiquidityAvailable":{"poolUsdk":"≈ 5,000,000,000","location":"KairosVault contract, chain 7778","purpose":"USDK available for users to swap FROM USDT/USDC/ETH/BTC/etc. Critical while no fiat on/off ramp exists — this is the primary entry door to USDK for new users.","note":"Do NOT count as backing reserve. This is inventory for selling USDK, not collateral for the peg."},"circulatingUsdk":null,"totalReserveUsd":null,"contract":null,"chainId":7778,"roadmap":{"Phase 1 (mo 0-6)":"Baseline ~30% backed. Fees → reserve. Keep 5B USDK vault liquid for swaps.","Phase 2 (mo 6-24)":"60% backed. Diversify with BTC (10%) + monthly audits. Add fiat on-ramp when Brex/banking clears.","Phase 3 (mo 24-48)":"100% backed. Cash equivalents via Brex banking. Live dashboard. Shrink swap-liquidity pool as fiat rail matures.","Phase 4 (year 4+)":"130-150% over-collateralized. Tier-1 exchange listings."}}}