$SEMI = Hybrid of death spiral immune OHM and coreVault - autonomous $MU RWA

[FlorentineNobleman]

This project took the best of Olympus Dao and the OG coreVault and implemented some big brain ponzi survival mechanics.

The core mechanics is that the emissions to stakers happen only when LP is growing. The moment LP falls below previous 6h epoch low the minting stops until new HIGH is established. Liquidity is compounded permanently from 5% trading fee and $semi.

$SEMI is paired with actual Micron $MU tokenized stock officially issued by RobinHood on RH Chain.

They already crossed 7% all of available Micron being permanently locked in their LP.

At this rate in a week or two they will cannibalise every MU stock issued on-chain which surely will make headlines on Reddit and financial media.

Currently trades around 200k mcap with $106k locked in liquidity.

THE FLOOR

Two things hold SEMI up:

1. The LP can never leave. SEMI trades against MU in one pool
   with no withdraw function, and every trade compounds
   more MU into it. There is always real Micron in the pool
   and the amount only grows. The curve is a hard, deepening
   support.

2. The backing high-water mark only goes UP. The Ratchet
   records the highest backing-per-token that has held across
   a full epoch and never lowers it. New SEMI mints ONLY when
   backing sets a new high, so emissions are impossible unless
   the collateral grew first.

CA: 0x5F038759F6DE38fD3A85C0440daff1240238BaC8

DEX: https://dexscreener.com/robinhood/0xe35635d91eccd183aa5925c7a26bdaedef1fa07e312742689cc39afd8f04e121

Website v2: https://www.semivault.xyz/v2

Telegram: https://t.me/semivault

X: https://x.com/Semivaultxyz

[FlorentineNobleman]

$SEMI mints only when backing per token sets a new high.

ΔS = 0.75 · S · (FBR/hwm − 1), capped at 2% of supply per epoch.

The cap binds at a backing gain of +2.67%. Anything above that is absorbed into the floor. Not paid out, not deferred.

The number it reads is not spot backing. It's the minimum observed across the whole 6h window, recorded in beforeSwap so a buy can't inflate the number its own tx writes.

A flash loan lives for one transaction. It can never be the minimum of a six hour window.

Backing comes from position liquidity, never balanceOf, and only from the two protocol-owned full-range positions.

Send MU to the contract and nothing happens. Park third-party liquidity and the oracle doesn't see it.

After a mint the mark still rises. That's algebra, not a require():

FBR_post = hwm · r / (0.25 + 0.75r) > hwm ⟺ r > 1

Holds for any α < 1.