THE DECLARATION & ARTICLES OF THE ERC-47 COMPACT

(Ratified on the Fourth Day of July, Two-Thousand Twenty-Five, etched forever on Ethereum)

“When in the course of crypto events, it becomes necessary for a token to dissolve the chains of bureaucracy and assume among the chains of blocks a station befitting true scarcity, respect for degens requires a candid declaration of its mechanics.”

PREAMBLE

We, the signatories of the Cap-Bearing Commonwealth, in reverent salute to the Forty-Seventh President and in steadfast fellowship with USD1, the fleetest stable-dollar yet forged, do hereby ordain ERC-47. In so doing we pledge less parchment and more fireworks, binding our fortunes to the hallowed number 47 and to the incorruptible chronicle of Ethereum.

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ARTICLE I — OF SOVEREIGN SUPPLY

  1. Let there be coined Forty-Seven Billion (47,000,000,000) units, no more no less.
  2. This sum shall stand eternal, save for that which the flames consume.

ARTICLE II — OF THE DAILY TRIBUTE

  1. Upon each act of purchase or sale, a levy of Forty-Seven Hundredths of One Per Cent (0.47%) shall be exacted.
  2. Said levy shall march unmolested to the burn crypt, never to re-enter the realm of trade.

ARTICLE III — OF THE GRAND INFERNO

  1. At every breaking of day, the contract shall consign a sliver of the still-living supply—one four-hundred-seventieth of the destined blaze—to everlasting oblivion.
  2. Thus, after Four-Hundred-Seventy consecutive dawns, these daily embers shall together consume Forty-Seven Per Cent (47%) of all coinage, and the Grand Inferno shall at last be satisfied.

ARTICLE IV — OF CHARITABLE OBLIGATION

  1. A grant equal to Four and Seven-Tenths Per Cent (4.7%) shall vest for the benefit of Wounded Warriors.
  2. Said tokens rest in a time-locked public treasury until such hour as The Giving Block proffers a vault; thence they shall flow in equal measure for Four Years and Seven-Tenths.
  3. Each remittance shall be engraved upon the chain, that the citizenry may bear witness.

ARTICLE V — OF LIQUIDITY & BONDS

  1. Liquidity shall be yoked solely to USD1, swiftest of stables and suitor to the Treasury of these United States.
  2. Said liquidity tokens shall slumber within an iron vault for Forty-Seven Years, ensuring that no miscreant may abscond with the commons.
  3. Ownership of the contract is forthwith renounced, that no mortal hand may tamper with these Articles.

ARTICLE VI — OF TRANSPARENCY

  1. All burnings, vestings, and dispersals shall be visible to any citizen, through explorers public and plain.
  2. The true links to such ledgers shall be proclaimed on the official dispatch channels; any other parchment is counterfeit.

ARTICLES OF CAUTION

ARTICLE OF CAUTION, FIRST. Of Fortune’s Whimsy. ERC-47 may rocket or sputter; no signer pledges profit, rescue, or reimbursement. Wager only what thou canst watch evaporate with a grin.

ARTICLE OF CAUTION, SECOND. Of Securities & Other Scary Words. This scroll is proclamation, not prospectus; no common-enterprise profit pact is here presented. The code governs, not a backstage cabal chanting “number go up.” If thy local magistrate deems such trinkets “securities,” consult his laws ere thou click “Swap.”

ARTICLE OF CAUTION, THIRD. Of Taxes, Tallies, and Tithes. Burn wallets owe no levy, yet living wallets surely might. Whether thou residest in Wyoming or Würzburg, keep thine own ledgers, for the taxman speaks louder than memes.

ARTICLE OF CAUTION, FOURTH. Of Irreversible Rites. Levies march straight to the crypt, liquidity slumbers forty-seven years, and ownership lies banished to the void; these deeds are as permanent as ink on parchment. Should any sovereign demand revision, trade may halt, for the code itself shall not bend.

ARTICLE OF CAUTION, FIFTH. Of Liquidity Tribute. Swap fees that seep from the LP vault flow, unlocked, to the Signers’ strongbox; there they dwell wholly at the Signers’ whim—fit to be burned, spent, or hoarded as fancy dictates—every draw etched on-chain, yet never owed nor returned to any holder.

FINAL DECLARATION

Thus, in witness whereof, we affix the digital seal of ERC-47, confident that scarcity shall reign, veterans shall be aided, and the cap shall ever face backward toward the rising Moon. May the number Forty-Seven endure as our perpetual standard, and may the ledgers of Ethereum remember these words long after the ashes settle.

Done under the hash of block 22848284, this Fourth Day of July, Anno Domini 2025.

Signed,
The Cap-Bearing Commonwealth

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