Kladia Liquidity Deflator (KLD): A Debt-Indexed Deflationary Token on XRPL
Kiarash Firouzi and
Parham Pajouhi
Papers from arXiv.org
Abstract:
Kladia Liquidity Deflator (KLD) is an XRPL-based, debt-indexed token whose supply dynamics respond directly to a debt index derived from macroeconomic data sources. The model links indebtedness to deterministic adjustments in issuance, burns, and escrow release caps, creating a rule-based deflationary mechanism that strengthens as debt rises. With a fixed maximum supply of 10 billion KLD, the mechanism is implemented through XRPL oracles and governance. Escrow locking depends on the TokenEscrow amendment; until it is active network-wide, allocations will be secured in a multi-signature vault with published rules and public monitoring. KLD provides a transparent and mathematically grounded framework for a macro-responsive digital asset.
Date: 2026-01
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2601.08853
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