> For the complete documentation index, see [llms.txt](https://dirac-finance.gitbook.io/dirac-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dirac-finance.gitbook.io/dirac-finance/the-economic-architecture-of-usddirac.md).

# The Economic Architecture of $DIRAC

#### $DIRAC Token

The $DIRAC economic architecture connects protocol activity, governance, contribution, and token supply.

As Dirac develops its curation infrastructure and Strategy Supply, $DIRAC is designed to govern the rules and economic parameters coordinating strategies, curators, protocols, execution venues, and protocol revenue.

Three forms of participation are defined:

**Liquid $DIRAC** provides market access.

**Locked $DIRAC** carries governance rights and duration-weighted participation in the protocol economy.

**Soulbound Protocol Receipts (SPR)** recognize productive contributions to Dirac. Each SPR is linked to the permanent burn of a corresponding amount of $DIRAC.

Dirac activity can affect the $DIRAC economy through three mechanisms:

* Protocol revenue can support open-market $DIRAC buybacks.
* SPR attribution permanently reduces total $DIRAC supply.
* $DIRAC locking reduces the liquid float while connecting governance rights to continued economic exposure.

The current architecture extends $DIRAC beyond its initial single-chain design and aligns the token with Dirac’s broader market connecting Strategy Supply, professional curation, and capital.

**Full economic architecture:**\
<https://x.com/DiracFinance/status/2071796609034207500>