Reference

Parameters

Every number Scrip runs on, with the live values of this network.

The numbers Scrip runs on: the program's fixed rules, then the values this network's reserve was created with.

This network

Reading the reserve…

Read from the reserve account on this page’s network as it loaded.

Parameter	Value
USDC decimals	6
Scrip token decimals	12
Multiplier scale	10^12, so a multiplier of 1.0 is 1,000,000,000,000
Scrip units per USDC unit at multiplier 1.0	1,000,000
Rate for mint, redeem and convert	1:1 in dollars

Operation	Rounds
Minting and converting	The Scrip units minted round down
Redeeming	The USDC paid rounds down
What the reserve owes each Scrip	Rounds up

Each rounding is below a millionth of a dollar, and every one of them favors the reserve's backing.

Field	Rule
Name	Up to 32 characters
Ticker	2 to 10 capital letters or digits, starting with a letter
Metadata address	An `https://` or `ipfs://` address, up to 200 characters
Signatures	One from the issuer's wallet

Parameter	Value
Shares	Basis points across buyback, holders and treasury, adding up to 10,000
Maximum buyback slippage	1,000 basis points (10%)
Buyback minimum output	The budget's worth in community tokens at its price feed, less the route's slippage; a budget is spent once that minimum is at least one token unit
Buyback venue	Jupiter, program `JUP6LkbZbjS1jKKwapdHNy74zcZ3tLUZoi5QNyVTaV4`
Community token	A classic SPL token with a price feed under the reserve's price adapter
Route change	Scheduled by the issuer, activated after the waiting period

Parameter	Range
Protocol fee on harvested yield	0% to 20%
USDC buffer target	0% to 100% of what's owed
Route change waiting period	1 hour to 1 year
Maximum age of the Treasury price	Up to 1 hour

	Address
Scrip program	`6tCmm6PDVDtmrPYbavqobR8T45unAFU4m74i21tLxe5m`
Token standard for Scrip	Token-2022, with the metadata and Scaled UI Amount extensions