Good as Gold

A stablecoin that acts like gold, priced like math. 1971 is named after the year the dollar stopped being redeemable for anything. A 4% fee on every swap is converted to USDG: 60% builds a redemption reserve, 40% is paid to holders as claimable dollars. Burn 1971 at any time to redeem your pro-rata share of the reserve at NAV, with no buyer required. Supply only shrinks. The reserve only grows. The floor only ratchets up. 650,000,000 minted at genesis, 357,000,000 already burned. No mint function exists. Every contract is verified onchain and the code is public. Read the floor yourself: nav() and navPerToken() on the RedemptionVault.