// Policy Briefing

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4 modules cover the fundamentals of controlled-peg monetary policy. Academy is optional training. Activate through the miner app to enter Arena, then mine Gold there for wagers and liquidity incentives.

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Connect your wallet from the top bar to track module progress. Academy completion does not grant Gold.

Module 01Locked

Floating Peg Basics

What a floating peg is, how MP and RP relate, and why the gap matters.

⏱ 5 minCore concept

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Module 02Locked

Redemption Rate (RR)

How RR steers RP over time, and what pRate and iRate each contribute.

⏱ 10 minRate policy

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Module 03Locked

Market Roles

How holders, borrowers, and arbitrageurs respond to policy and keep the loop alive.

⏱ 12 minMarket actors

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Module 04Locked

System Loop

The full feedback loop, scoring pillars, and the Arena guided tour.

⏱ 12 minSystem model

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merit@league: ~

Learn the controller.Enter the Academy.

Floating Peg Basics

Redemption Rate (RR)

Market Roles

System Loop

Learn the controller.Enter the Academy.

Floating Peg Basics

Redemption Rate (RR)

Market Roles

System Loop

Learn the controller.
Enter the Academy.

Learn the controller.
Enter the Academy.