Built like an institutional commodity.

Stacked. Independent. Documented.

1. 01
   Verification logic

   OGMP 2.0 Level 5 + Independent ISO 14065 VVB

   Measurement to OGMP 2.0 Level 5 — the highest-tier UNEP-recognized methane MRV framework — combining source-level dMRV continuous sensors and OGI with site-level satellite reconciliation. Independent ISO 14065 verification by The Kent Group Associates (KG/GHG0083125) under EPA Subpart W and ISO 14064. Probabilistic uncertainty quantified by Monte Carlo simulation per ISO 14064-3 §7.3 (figure subject to engineering confirmation — see pre-execution item F).

2. 02
   Issuance controls

   29-Gate Mint Checklist · Non-delegable CEO sign-off

   Issuance of any CAT requires completion of the 29-Gate Mint Checklist, with non-delegable CEO sign-off at the final gate (per White Paper §08.1). Multisig signer composition and threshold subject to engineering and counsel confirmation (pre-execution item E). No bespoke transfer-hook program is deployed; compliance controls are enforced at the Fireblocks Tokenization platform and custody policy layers (per White Paper §04.4).

3. 03
   Retirement process

   Token-2022 native burn · Pinata + IPFS-anchored record

   Retirement is executed by Token-2022 native burn on Solana. A non-transferable NFT certificate is minted at the burn block, recording the retiring wallet, quantity, timestamp, purpose, verification statement hash, and documentation CIDs. Each retirement event is content-addressed and pinned to IPFS through Pinata, with the CID committed to on-chain metadata for permanence. A Big Four attestation engagement on the retirement function is planned, subject to engagement-letter execution.

4. 04
   Digital settlement

   Solana Token-2022 · Fireblocks Tokenization

   Token-2022 settlement on Solana with Fireblocks Tokenization providing the issuance, custody, and policy-engine controls. T+0 transfer; T+2 spot settlement for institutional counterparties. MPC-CMP custody. Compliance controls enforced at the Fireblocks platform and policy layers, not at a bespoke on-chain program.

5. 05
   Project standards

   9-barrier P&A · Recorded VPP · UCC-1 perfected

   Christopher Unit #1: 9-barrier wellbore isolation architecture (500–600% above TRRC §3.14 minimum). Abernathy Unit #1: 14-barrier cement plug architecture, including 8 environmental cement plugs. Both projects target the deep formation system below the base of Wolfcamp (Atoka, Pennsylvanian) under recorded Voluntary Production Prohibition covenants in Loving County. UCC-1 perfected security held by an independent Collateral Agent.

6. 06
   Issuer-level integrity instruments

   Three issuer-level instruments · Independent Collateral Agent

   Three issuer-level integrity instruments are administered by an independent Collateral Agent for the purpose of supporting protocol environmental integrity (per White Paper §03.3 and §10.1). The CCCi Lloyd's of London policy (CCCi-0120125) is issued at the issuer entity for a $100M policy limit (rider terms subject to broker confirmation — pre-execution item C). CAT holders do not hold equity, distributions, voting rights, or creditor claims; they do not hold direct claims on insurance proceeds, foreclosure recoveries, or covenant remedies.

CAT structure vs. typical registry-issued credit.

The CAT is structurally distinct from a registry-issued voluntary carbon credit. The contrasts below describe each side factually, without implying that registry credits are deficient or that the CAT is a substitute for any particular regulatory instrument.

What a CAT holder does — and does not — hold.