Retire

Retirement is destruction, not bookkeeping.

A retirement burns the token natively on Solana. The unit ceases to exist — mathematically, publicly, permanently. Set your volume; the protocol routes you.

50CATs

The threshold is 500 CATs — one tonne per unit. Above it, transactions are structured bilaterally with the LMCX structuring desk under NDA. No price is published on this site.

Self-service

Personal retirement

Up to 500 CATs per transaction. Connect your wallet, confirm quantity, preview the certificate. The flow takes under two minutes.

  1. 01Connect walletRequired
  2. 02Confirm quantity
  3. 03Receive certificate

The on-chain retirement program activates at program cutover.

1 CAT = 1 verified methane avoidance.

Structuring desk

Desk inquiry

500+ CATs. Bilateral OTC primary issuance for treasury teams, asset managers, compliance programs, and sovereign procurement.

Response within one business day, under NDA.

Terms are delivered under confidentiality. Submitting consents to LMCX contacting you by email to arrange an NDA-covered conversation.

The process

How a desk purchase works — start to finish

Last Mile originates, Fireblocks and TRES execute and evidence, the buyer approves and receives.

How a desk purchase works — start to finish. Rows are participants, columns are the six steps of the process.
01Engage02Onboard03Term sheet04Fund05Settle06Live
Last MileNDA · diligence pack issuedCounterparty due diligenceVolume · vintage · pricePayment instructions issuedCATs released from the issuance vaultRetirement or hold instruction taken
Fireblocks + TRESVault or wallet scoped to the buyerKYC / AML · allowlisting · vault or wallet provisionedTransfer rules written to the Policy EngineQuorum approvals armed pre-signatureT+0 atomic vault-to-vault Token-2022 transferTRES reporting feed live from day one
The buyerReviews verification, legal and insurance filesNames approvers · sets quorumSigns the purchase agreementFunds the tradeTakes delivery — balance visible on-chainNamed-insured endorsement on the position

  1. 01Engage

    Last Mile
    NDA · diligence pack issued
    Fireblocks + TRES
    Vault or wallet scoped to the buyer
    The buyer
    Reviews verification, legal and insurance files

  2. 02Onboard

    Last Mile
    Counterparty due diligence
    Fireblocks + TRES
    KYC / AML · allowlisting · vault or wallet provisioned
    The buyer
    Names approvers · sets quorum

  3. 03Term sheet

    Last Mile
    Volume · vintage · price
    Fireblocks + TRES
    Transfer rules written to the Policy Engine
    The buyer
    Signs the purchase agreement

  4. 04Fund

    Last Mile
    Payment instructions issued
    Fireblocks + TRES
    Quorum approvals armed pre-signature
    The buyer
    Funds the trade

  5. 05Settle

    Last Mile
    CATs released from the issuance vault
    Fireblocks + TRES
    T+0 atomic vault-to-vault Token-2022 transfer
    The buyer
    Takes delivery — balance visible on-chain

  6. 06Live

    Last Mile
    Retirement or hold instruction taken
    Fireblocks + TRES
    TRES reporting feed live from day one
    The buyer
    Named-insured endorsement on the position

Same process, either custody route — step 02 provisions a Fireblocks vault or an embedded wallet. Every other step is identical.

What a retirement produces

A Token-2022 native burn on Solana, documented by a non-transferable certificate.

LMCX seal

Retirement certificate

NON-TRANSFERABLE · SOLANA TOKEN-2022 NATIVE BURN

Instrument
Non-transferable NFT certificate
Retiring wallet
9x…R7Ka (recorded at burn)
Block timestamp
Solana slot · immutable
Purpose
As declared by the retiring party
Verification
Statement hash + documentation CIDs
Burn signature
Transaction signature · irreversible

The certificate is the buyer's audit document for SEC climate disclosure, SBTi reporting, and internal ESG audit.