TerraM is a utility token built on the Solana blockchain, launched on December 12, 2022, with an initial supply of 10,000 tokens.
The token is designed as a participation layer within the Terramatris ecosystem, linking holders to the fund’s underlying strategies and capital allocation framework.
TerraM can be acquired through:
- A dedicated liquidity pool (Raydium)
- Over-the-counter (OTC) transactions (minimum $5,000, subject to availability)
Current Phase (Phase 1)
In its current phase, TerraM is supported by a structured capital allocation model tied to the Ethereum Strategy.
On a weekly basis:
- 25% of realized strategy income is allocated to the TerraM token
- 20% is added to the liquidity pool to strengthen depth and tradability
- 5% is used for token buybacks
Buybacks are executed on the open market and may be:
- held in treasury
- or reintroduced into the liquidity pool
This mechanism is designed to gradually improve liquidity conditions while reinforcing long-term alignment between token holders and strategy performance.
Future Development (Phase 2)
Terramatris plans to introduce a second phase focused on scaling the TerraM ecosystem in a controlled and capital-backed manner.
Once the liquidity pool reaches approximately 10–20% coverage relative to circulating supply (definition to be formalized), the protocol may introduce additional token issuance.
Key principles:
- Expansion only after sufficient liquidity depth is achieved
- New issuance aligned with available capital and market capacity
- Avoidance of unbacked or purely inflationary supply increases
This approach aims to ensure that any growth in supply is supported by real liquidity and system stability, rather than speculative expansion.