KEYS

Bootstrap phase

At launch, $KEYS is acquired through keys only. Selling is open to everyone from day one.

Distribution runs in two phases. During the bootstrap window — 30 days from launch — $KEYS can only be acquired in two ways: by buying at the fixed strike with a key's allowance, or by claiming staking rewards.

• Selling is open from day one: the pool exists and anyone holding $KEYS can sell into it at any time, in either phase.
• Buying through the pool is gated: external buying on the open market opens when the bootstrap window ends.
• The window length is published: 30 days, enforced by contract and read from a single timestamp — never from block numbers.
• Nothing else changes: the strike stays fixed, allowances still work the same way, and staking keeps emitting.

This is a distribution rule, not a protection: during bootstrap, $KEYS is distributed through keys, and selling is open. It carries no implication about price.