ChartaMONETARY EXPERIMENTRISKS, STATED PLAINLY
Charta is an experiment. A published rule limits supply and the treasury; it does not protect the price. Only put in money you can afford to lose entirely.
The supply rule limits how many CHTA can be released; it does not set or defend a price. The project reserve may place bids only within narrow limits (at most 10% of the reserve over any rolling 30 days), which slows a fall but cannot stop one.
The market starts small. Selling a large amount at once can move the price far down, and at times there may be no bids at all. The program only measures outside demand when at least 25 USDC of outside bids are on the book.
Released supply may grow by up to about 4.9% a year for 60 years if buyers take it. This is a ceiling, not a schedule, but every release adds to the CHTA in circulation.
The program has passed its own test suites, attack scenarios and a local validator rehearsal. Tests written by the project are not an audit; an undiscovered bug could lock or lose funds.
Until the upgrade key is removed after an audit, whoever holds it can replace the program, including its rules. Its removal can be checked by anyone on chain.
The administrator can pause sales, treasury operations and expenses for an unlimited time (never the monthly release rule) and can cancel pending expenses. The administrator and the treasury manager may be the same key. An offline recovery key can replace the administrator after a seven-day wait.
Expenses are paid from sale revenue and, beyond it, up to 25% a year of the reserve plus a protected 12 USDC per 30 days for servers. Each expense waits seven days and is public on the Live data page.
Some promises cannot be enforced by the program, for example that the founder and team trade only from publicly declared wallets. You rely on their word and on public scrutiny for these.
Charta has no established use yet. Demand may never develop, development may stop and the website may go offline. The program and your tokens remain on chain, but nobody is obliged to maintain them.
Solana can halt or slow down; the order book is a separate program; USDC is issued by a company that can freeze accounts. Any of these can stop trading or claiming for a while.
A lost recovery phrase means lost tokens; nobody can restore them. Scammers copy projects with fake sites, tokens and support accounts. Follow the safety rules in the guide.
Rules on crypto assets differ by country and change. You are responsible for whether you may take part and for any tax due.
The full rules are in the experiment rules and the program source on GitHub ↗. Where this page and the code differ, the code decides.