The Moony Reserve is the trustless mechanism through which all MNY enters circulation. Rather than relying on discretionary allocation, private sales, or centralized control, the entire MNY supply is held in a smart contract that releases tokens into circulation according to transparent, immutable rules. This ensures that every unit of MNY is acquired on equal terms, with no special access or preferential treatment.
Reserve Addresses
How It Works
The Moony Reserve operates as a two-way exchange mechanism. Participants can acquire MNY by depositing capital, or redeem MNY to withdraw capital, all through direct interaction with the smart contract. No intermediaries, permissions, or discretionary approvals are involved. The Reserve’s behavior is governed by two core components: a distribution mechanism and a pricing curve.
MNY enters circulation only when participants deposit verifiable capital. This ensures distribution reflects genuine demand rather than discretionary allocation, and that all circulating supply is backed by onchain liquidity.
A deterministic pricing curve governs all pricing. The price of MNY adjusts automatically based on circulating supply, ensuring consistent and predictable outcomes for every transaction.
Price Integrity
Because the Reserve is the sole mechanism through which MNY enters and exits circulation, price changes only when capital is committed or withdrawn. There is no external order book, no market maker whose quotes must be defended, and no derivative market capable of repricing the asset independently of ownership decisions. Price is a direct function of the Reserve’s state, not an opinion negotiated by traders.
This is a structural property, not a policy choice. In systems where price is discovered through external markets, leveraged positions can move price without asset transfer, and liquidity can withdraw under stress. In the Moony Reserve, liquidity is intrinsic, redemption is unconditional, and price reflects committed capital at all times. The result is a currency whose value can be trusted at the moment of exchange.
Core Principles
Anyone can interact with the Moony Reserve directly from their own wallet. There are no intermediaries, whitelists, identity checks, or private allocations. Every participant accesses the same contract under the same conditions.
The Reserve cannot be altered once deployed. There are no admin keys, upgrade paths, or custodial intermediaries. Users interact directly with immutable code, and all transfers execute atomically onchain.
All supply, liquidity, and pricing data is recorded on the Solana blockchain. Every interaction is publicly visible, verifiable, and auditable in real time.
Open-Source Infrastructure
The Moony Reserve was deployed by Moony Labs, LLC. on the Solana blockchain using open-source smart contract infrastructure developed and publicly released by Code Inc. Once deployed, neither Moony Labs nor Code Inc. maintains any control over the protocol. All distribution, pricing, and redemption behavior is governed exclusively by immutable onchain logic that cannot be altered by any party.
This architecture makes Moony fully open and composable. Developers can integrate MNY across wallets, applications, and protocols without permission or coordination, reinforcing open access and interoperability as the network grows.
The underlying smart contract infrastructure is released under the MIT License, a permissive open-source license that allows unrestricted use, modification, and distribution.
The smart contract infrastructure has been independently audited by Sec3, a security firm specializing in Solana program analysis. The audit, completed in January 2026, identified nine issues across severity levels, all of which have been resolved or formally acknowledged.