Humoney · HU
A Peer-to-Peer Currency Indexed to Human Basal Metabolism
Self-stabilising · collateral-backed · apolitical
v2.0 Apache 2.0 Open Community Standard
This site describes the protocol as designed to operate, not a network already running. There is no token, no sale, and no market price.
The system, in six parts
None is novel in isolation; their composition around a metabolic unit is.
| Component | Function |
|---|---|
| HU (the unit) | The stable currency. Minted only against collateral; redeemable for reserve value ≥ the MCI. |
| Vaults | Over-collateralised positions in which users lock assets and draw HU, up to a collateral-class ratio. |
| The Reserve | Protocol-held, diversified backing, including an energy- and food-linked leg correlated with the MCI. |
| Metabolic Oracle | A decentralised network that prices the Metabolic Reference Basket and publishes the MCI. |
| The Stabiliser | Open mint/redeem arbitrage plus a non-discretionary redemption-rate controller holding price to index. |
| HMG | Governance token and recapitalisation backstop of last resort; absorbs shortfall by dilution. |
The unit is one day of human basal metabolism
RH-BMR ≡ 1,700 kcal/day, fixed as a constitutional constant, exactly as metrology once fixed the kilogram. The ladder that follows is pure arithmetic.
| Denomination | Definition | Energy | Monetary role |
|---|---|---|---|
| HU (human-day) | 1 RHBD | 1,700 kcal = 7.1128 MJ = 1.976 kWh | Base unit of account (mean basal power 82.3 W). |
| HUH (human-hour) | HU / 24 | 70.83 kcal = 296.4 kJ = 82.3 Wh | Principal transactional denomination. |
| HUM (human-minute) | HU / 1,440 | 1.181 kcal = 4.939 kJ | Retail quantum, quoted at point of sale. |
| HUS (human-second) | HU / 86,400 | 82.3 J | Settlement quantum for fees and micro-payments. |
Stabilisation, in brief
Two mechanisms hold the market price of HU to the Metabolic Cost Index, and neither requires a committee to set a rate.
The first is open arbitrage: anyone may mint HU by locking collateral and redeem it at the prevailing index, so a price above the index invites minting and selling, and a price below it invites buying and redemption.
The second is a non-discretionary redemption-rate controller, of the kind proven by the RAI reflexer asset. With the error e = (Pmarket − MCI) / MCI, the controller sets
r = − ( Kp · e + Ki · ∫ e dt + Kd · de/dt )
The gains are governable parameters, not monetary policy. There is no uncollateralised issuance and no algorithmic seigniorage; capital efficiency is deliberately traded for solvency.
The property that is not yet proven
The honest worst case for any collateral-backed money is a violent, correlated drawdown — and for Humoney it has a specific shape: a systemic event that depresses collateral while simultaneously spiking food and energy prices raises the MCI at the very moment the Reserve is worth least.
Four layers stand against it:
- over-collateralisation,
- the surplus buffer,
- the HMG recapitalisation backstop,
- and the metabolic-linked Reserve leg, whose value rises with the same prices that raise the index.
It is a partial hedge, not a guarantee.
Stated plainly: no collateral-backed currency, Humoney included, has been proven to hold its peg through a 2008- or Terra-scale correlated event, and Humoney makes no claim to have done so.
This is the property the whole architecture is built to manage, and it is the property that must be demonstrated by adversarial economic simulation and independent audit — before, not after, the peg is offered to users as dependable.
Deployment roadmap
| Phase | Scope | Settlement | Status |
|---|---|---|---|
| 1 | HU, Vaults, Metabolic Oracle, Stabiliser, HMG, liquidation, surplus buffer | Existing high-assurance L2 | Mainnet target |
| 2 | Sovereign migration: DAG-BFT finality, post-quantum from genesis, default privacy | ProtoLedger-class L1 | Planned |
| 3 | Human Dividend via proof-of-personhood; one-person governance weighting | — | Research |
No phase blocks the one before it. Read the roadmap →
Fork it, challenge it, build it
Humoney is released under Apache 2.0 as an open community standard, authored by Oleh Bezuhlyi.