Protocol · Specification

Built like an institutional commodity.

Six independent infrastructure layers — each documented, each auditable, each separable. Read top to bottom, the protocol is a wellbore: every layer is a barrier, and no CAT exists until all of them hold.

Chain of custody

Well → Wallet: The Digital Chain Of Custody

Ten controlled steps from the producing well to permanent retirement — each independently evidenced.

  1. 01Producing Well
  2. 02Production Data
  3. 03Environmental Verification
  4. 04Digital Commodity Issuance
  5. 05Solana Token-2022
  6. 06Fireblocks Vault
  7. 07TRES Ledger
  8. 08Corporate Treasury
  9. 09Financial Statements
  10. 10Retirement

Every step is recorded, reconciled, and independently verifiable — nothing rests on assertion.

L-01

Verification Logic

Independent measurement before anything is counted.

Standard
OGMP 2.0 Level 5
VVB
Independent ISO 14065 · Kent Group Associates
Accreditation
KG/GHG0083125

L-02

Issuance Controls

Nothing is minted until every gate clears.

Method
P95 + Latin Hypercube Sampling
Sign-off
Non-delegable CEO sign-off

L-03

Retirement Process

Retirement is destruction, not bookkeeping.

Mechanism
Token-2022 native burn
Record
Pinata + IPFS-anchored record
Certificate
Non-transferable NFT certificate

L-04

Digital Settlement

Transfer settles on-chain, same day.

Rail
Solana Token-2022
Custody
Fireblocks Tokenization
Speed
T+0 on-chain transfer

L-05

Project Standards

The physical seal is engineered and recorded.

Closure
Multi-barrier P&A
Interest
UCC-1 first-priority perfected interest

L-06

Issuer-Level Integrity Instruments

The protocol itself carries insurance.

Policy
AM Best A+ Rated, Investment Grade Insurance
Administration
Independent Collateral Agent
LMCX seal

Bore sealed · six barriers hold

Core samples

CAT vs. Voluntary Registry Credit

Two extractions from the same market, band by band. Hollow bands mark reversible or registry-dependent answers; solid copper marks the protocol's.

Voluntary registry credit

LMCX CAT

Buffer pool (reversible)

Permanence

Recorded VPP · UCC-1 perfected

Registry-approved VVB

Verification

Independent ISO 14065 — no registry involvement

Database serial number

Double-count prevention

Token-2022 native burn — cryptographically irreversible

T+2 to T+5 portal

Settlement speed

T+0 on-chain

None (issuer-level)

Insurance

AM Best A+ Rated, Investment Grade Insurance