SurcoSURCO

Vault Dashboard

Live state of the asset-backed treasury and its net asset value (NAV).

Book value (NAV)

100% PINTO-backed, so value tracks PINTO (below its peg right now). Only the “Redeemable at NAV now” amount (charted below) clears at NAV on demand — the rest is pooled liquidity you sell into the market or wait to redeem.

Analytics

Net asset value

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Backing composition

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LiquidSiloredeemable at NAV now FieldLPnot directly redeemable

Trade

Mint SURCO from the reserve or redeem for PINTO — always at NAV, with a small fee retained (1% mint / 1% redeem).

SwapNAV-priced
You paybalance —
PINTO
You receive
0.0
Rate
Minimum received
Fee (1%)
Network fee (est.)

NAV
Available reserve
Instant cushion
Fee buffer (undistributed)

Mint deposits PINTO and releases SURCO from the reserve at NAV; the 1% fee splits 50/50 between the treasury (adding to the backing behind every holder) and time-locked stakers. Redeem (1% fee, split the same way) returns SURCO to the reserve for PINTO at NAV — cushion first, then mature Silo. Beyond that a circuit breaker pauses direct redemption until new inflow arrives (redemption is not guaranteed on-demand); it never touches germinating deposits or dilutes holders.

Stake

Lock SURCO for a time-weighted share of protocol fees, credited when each round settles.

New position

Amountbalance —
SURCO

Your positions

#AmountTierWeightUnlocksPending

Governance

Value-moving parameters — fees, reward routing, roles, upgrades — change only through a 48-hour timelock owned by the multisig; day-to-day cushion sizing is a direct multisig control. The guardian can pause redemptions in an emergency and nothing else — your SURCO stays transferable throughout.

Live parameters

Pending governance actions

Value- or control-redirecting changes (upgrades, role changes, dev-fee recipient) execute only after a public 48-hour timelock — so you can exit first if you disagree.

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Redeem now → if you disagree with a pending change.

Guardian — what it can and cannot do

CANPause redemptions in an emergency (with a public on-chain reason)
CANNOTMint, move funds, upgrade, or change parameters
OverrideThe admin multisig can instantly lift an unjustified pause

Operator controls

Cushion sizing (instant, multisig), seigniorage routing (48h timelock), and the guardian redemption latch. Role-gated — a wallet without the admin/guardian role sees these disabled.

Admin controls

Guardian — pause-only

Emergency latch on redemptions only — SURCO stays transferable. Cannot mint, move funds, or upgrade.

Cushion sizing applies instantly from the Safe. Mint/redeem fees (hard-capped at 1%), the seigniorage→staker share, roles, and diamond upgrades execute only through the Safe's 48-hour timelock.