HETH mechanism notes.

Overview

HETH separates ordinary exchange from issuance-bearing commitment. A regular swap remains liquid and receives no credit. Flow Buy is an explicit route whose stricter conditions are visible before authorization.

Mechanism

Flow Buy verifies the participant’s ETH principal, escrows the purchased HETH for exactly seven days, and places that principal into one of 1,460 daily rounds. The reward is up to 300 HETH per ETH while the day is uncongested, then shared pro rata. It remains projected until that daily round closes.

Authenticated intent

The payer—not a router or relayer—must authorize the beneficiary, pool identity, exact principal boundary, minimum HETH output, expected daily round, nonce, deadline, chain, and adapter. If the transaction crosses the signed daily boundary, it reverts instead of joining another round.

Receipts

A receipt records the fixed beneficiary, proven ETH principal, escrowed HETH, daily round, and exact maturity. There is no early exit. At maturity anyone may settle, but both purchased HETH and reward can go only to the fixed beneficiary.

Economic invariants

• The HETH design has no founder, team, treasury, or deployer allocation.
• The proposed 120,000,000 HETH ceiling is split into 1,200,000 HETH for non-withdrawable Genesis POL and a 118,800,000 HETH public mining schedule.
• The unused daily budget is permanently retired with no carry into another round.
• HETH-controlled toll, fee, reward, timing, and burn terms are intended to be immutable, with no HETH owner, admin, upgrade, pause, rescue, or arbitrary runtime mint path.
• Genesis POL is designed with no principal-withdrawal path; its position and fees remain protocol-owned and cannot be paid to the creator or checkpoint caller.
• The external PoolManager remains separately governed and outside HETH control.
• The design does not guarantee market liquidity, price, reward value, or profit.

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