Native Token

PYCO
The fuel of the
Spectral Ledger.

PYCO is mined by hardware nodes, used as the bridge fee on outbound transactions, and distributed to validators based on their Physical Coherence Verification Score (PCV-4). Supply is capped at 100,000,000 PYCO, and every token in circulation was produced by a physical node running the LCP stack — there is no pre-mine, no team allocation, and no presale.

PYCO
—
Total Mined
—
Total Burned
—
Current Epoch
—
Active Miners
Tokenomics

By the numbers.

PYCO has no pre-mine, no ICO, and no venture allocation. Every token in circulation was earned by hardware doing measurable work on the network.

100M
Max Supply
Hard cap, no inflation beyond the mining schedule. Circulating supply decreases as tokens are burned on outbound bridge transactions.
0%
Pre-mine / ICO
No team allocation, no venture round, no presale. Every PYCO in existence was produced by a physical node validating the Spectral Ledger.
0.1%
Bridge Fee
Outbound transactions from the Spectral Ledger to external chains pay a 0.1% fee, denominated in PYCO. The only fee in the protocol.
50%
Burned
Half of every bridge fee is sent to the zero address — permanently removed from circulating supply.
50%
Node Rewards
The remaining half is distributed across active hardware nodes, weighted by each node's CV Score — not by stake size.
∞
Internal Transfers
Transfers between LD addresses inside the Spectral Ledger have no fee. Free movement is part of the protocol design, not a promotion.
Bridge Fee Mechanism

How the burn works.

The PYCO fee is applied only when assets leave the Spectral Ledger toward an external chain. Internal transfers are not affected.

01
⬇
User initiates exit
A user withdraws USDT or USDC from the Spectral Ledger toward Arbitrum or Polygon.
02
◎
Fee calculated
The exit triggers a 0.1% fee, denominated in PYCO and based on the withdrawal amount.
03
⬡
Hardware signs
A node validates the exit using its silicon identity — PUF + Chua HSC + ECDSA on every signature.
04
🔥
Fee distributed
The PYCO fee is split 50/50 between a permanent burn and active node operators.
50%
Burned
Sent to the zero address and permanently removed from circulating supply. The burn is on-chain and verifiable.
50%
Node Operators
Distributed across active hardware nodes, weighted by their Coherence Verification Score — uptime, signature stability, latency, and entropy quality.
Coherence Verification Score

How rewards are weighted.

Node rewards follow the Physical Coherence Verification Score (PCV-4) — a composite metric that measures each node's contribution to the network. It is not based on token holdings or stake; it is based on observable hardware behavior.

CV Score · Composition
CV = f(U, S, L, E)

U = Uptime ratio
S = Spectral consistency
L = Latency score
E = Entropy quality
U
Uptime ratio
Continuous physical operation across epochs. Nodes that stay online accumulate higher scores; intermittent presence reduces them.
S
Spectral consistency
Stability of the node's signature fingerprint over time — measured against the expected pattern of its enrolled PUF.
L
Latency
Speed of block submission across the network. Nodes with stable, low-latency communication score higher.
E
Entropy quality
Statistical quality of the Chua HSC entropy submitted with each block — verifiable against the expected chaotic distribution.
Supply Dynamics

Burns are cumulative.

Each bridge transaction permanently removes a fraction of PYCO from circulating supply. The chart below illustrates the design — actual reduction depends on network volume over time.

Illustrative supply curve · subject to actual network volume
Mining creates supply
Active hardware nodes earn PYCO continuously by validating the Spectral Ledger. The mining schedule is fixed at the protocol level.
Bridge exits consume supply
Each outbound bridge transaction burns 50% of the associated PYCO fee. The remaining 50% goes to active node operators.
Net supply depends on volume
When bridge volume exceeds mining issuance, net supply contracts. Conversely, low activity periods see net positive issuance until balance is reached.

PYCO is earned by hardware,
spent on exits, distributed to operators.

— PYCO Distribution Model