FED — Reserve Teh ㉾

Token 0x1D177CB9EfEEa49A8B97ab1C72785a3A37ABc9Ff · deployed by Maria #1 at block 22194132 (2024-12-15), tx 0xf76a8e73e13c7be6e40266591800aba2f7d00b09e7a68a5c0b6ff7047791c64a [chain]. Verified source: FED_TT.sol (blockscout-verified, fetched to docs/solidity/verified/) [src]. Deep-dive per the tier criterion — V2-era root reserve.

Mechanics [src]

FED is a V1-era-style Treasury Token deployed as a standalone root reserve, thirteen days before the V1 minter itself:

• ERC20 + Burnable, constructor mints nothing (the commented-out constructor body is a preserved draft of the Dong/Mom game code).
• mint(uint256 amount) — permissionless, TBILL-parity: pulls amount of TBILL 0x463413c579D29c26D59a65312657DFCe30D545A1 from the caller via transferFrom and mints the same amount of FED to the caller. No owner gate, no cap.
• No exit path: there is no Claim, no withdraw, no admin transfer of the locked TBILL — every TBILL locked into FED is a permanent sink (the same parity-lock shape as V1).
• The string-class permission KV _hu[string][address] (constructor grants "user"/"op"/"sysop" to the deployer) gates the hu setter and the TTDATA fallback — an onchain key-value store, not an asset privilege.
• has(address,string) — the V1-era capability probe (staticcall any selector), and _mathlib pointing at MATH 0xB680F0cc810317933F234f67EB6A9E923407f05D with _mintingKey in the inheritance — the RNG lineage every TT family member carries (inert here).

FED is not the V1 minter’s embedded template — the deployed V1 template is a leaner address-class _hu variant (runtime bytecode analysis); FED_TT.sol is its closest verified relative [src].

Role in the treasury system [chain]

• V2’s root parent: the FederalMinter accepts “FED or any creator-held TT” as parent [src]; the V2 genesis token FDIC was constructor-registered with parent FED. The V4 genesis NOTS also parents FED [chain].
• Backing injection: 123.35B TBILL was moved into the FED contract by Maria #1 across 6 transfers, Dec-2024 → Jan-2025 (the reserve provisioning that preceded the community waves) [chain] — that TBILL is permanently locked by the no-exit mechanics above.
• The farm substrate: FDIC’s Claim pays out FED, which made FED the recycled collateral of the FDIC claim-loop spam era; FDIC’s FED custody is 0 at every probe since block ~23.5M [chain] (see the FDIC/POOR deep dive).

Liquidity & state

Deepest reserve-asset book in the ecosystem after the forked majors: 1.30B WPLS anchored across 709 live pairs of 710 total [chain] (factory crawl, blocks 27,435,182–27,435,383; burnt-LP flagged). Supply and the current state are generated below from the data layer.