Decentralized Clearing Protocol

COMPRESS
LIQUIDITY.
NET EVERYTHING.

FOMO Association is a Verein based in Zug, Switzerland. We are the stewards of a cryptographically enforced obligation network enabling issuance, control, multilateral netting, & arbitration-backed enforcement of controllable electronic records — reducing gross settlement exposure & liquidity needs without asset custody or transfer.

21M
Max FOMOG Supply
0
Assets Custodied
Netting Capacity
01 // Architecture

Dual Chain
Architecture

Two chains. Two purposes. Obligation state management separated from economic security. No compromise.

CER

FOMO CER Chain

Built on Cosmos SDK. Hosts obligation records and the deterministic netting epoch engine. No fungible tokens. No oracles. No custody.

  • Eligibility snapshots
  • Deterministic batching
  • Proposal submission
  • Fraud-proof verification
  • Lifecycle state transitions
  • Conservation invariant enforcement
  • CometBFT consensus
FG

FOMOG Chain

Fully separate blockchain. Fixed 21M supply. Economic security through staking. Governs protocol upgrades. Tradeable on exchanges.

  • Fungible governance token
  • Staking & bonding
  • Netting server incentives
  • Relay server incentives
  • Dispute arbitration
  • Cross-shard coordination
  • Quantum-resistant option
02 // Token Roles

Two Tokens.
Zero Confusion.

CER records who owes whom. FOMOG secures the system. They never cross purposes.

CER
Controllable Electronic Record
Non-fungible
Non-transferable
Not a financial instrument
Cannot be traded
Cannot be assigned
Bilateral debtor-creditor obligation
Denominated in any agreed currency
Protocol-governed lifecycle
FOMOG
Governance & Economic Security
Fungible
Scarce — 21M max
Earned, not pre-minted
Tradeable on exchanges
Required for netting servers
Bonding against incorrect netting
Governance voting
Cross-shard compression
03 // Protocol Law

Invariants

Unbreakable rules enforced at the protocol level. No exceptions. No overrides.

01

Conservation of Value

Netting must result in zero-sum net positions across all parties within a scope.

02

No Double Consume

A CER may not be satisfied more than once within a batch.

03

Scope Consistency

All netted obligations must share the same denomination reference.

04

Lifecycle Integrity

Only ACTIVE obligations may transition to SATISFIED states.

05

Determinism

Eligibility, batching, and verification must be fully deterministic across all nodes.

06

No Oracles

The protocol does not rely on external price feeds. Ever.

07

No Asset Custody

The system never holds user funds. It records and compresses.

08

Supply Cap

Total FOMOG supply never exceeds 21,000,000. Hard cap. No exceptions.

09

Bond Scaling

Bond requirements increase during systemic stress. Anti-procyclical by design.

04 // Process

CER Lifecycle

From creation to satisfaction. Every obligation follows the same deterministic path.

01
CER Created
02
Eligibility Snapshot
03
Proposed for Netting
04
Verified
05
Satisfied
06
Finalized On-Chain
Netting Epoch Flow
01
Collect Eligible CERs
02
Compute Commitment
03
Submit Proposals
04
Bond Check
05
Challenge Window
06
Finalization
05 // Economics

FOMOG Tokenomics

Hard cap. Earned only. Demand from necessity, not speculation.

21M
FOMOG
FIXED CAP • NO INFLATION
01
Successful netting participation
02
Paying obligations that are successfully netted
03
Originating new participants and expanding network
04
Operating netting servers
05
Operating relay servers
FOMOG vs Bitcoin
AttributeBitcoinFOMOG
Supply Cap21 million BTC21 million FOMOG
IssuanceMining rewards (hash power)Earned via economic activity
SecuresTransaction orderingClearing correctness
Security ModelEnergy expenditureBonded stake
IncentivesBlock productionLiquidity compression & throughput
Discretionary IssuanceNoneNone
06 // Control

Governance

FOMOG holders govern the protocol. No government authority. No central shutdown switch.

Protocol Upgrades

FOMOG holders vote on protocol changes and feature flags including cross-shard activation.

Parameter Control

Governance adjusts bonding parameters and system parameters. Cannot violate core invariants.

No Central Authority

No government controls shutdown. No entity controls individual CER states. Deterministic operation.

No Asset Custody

Governance does not custody assets. It governs protocol parameters, nothing more.

Invariant Protection

Governance can modify parameters but can never violate conservation rules or the supply cap.

Jurisdictional Neutrality

The CER chain operates deterministically regardless of jurisdiction. No region-specific logic.

SETTLE LESS.
NET MORE.

Liquidity compression through deterministic obligation netting. Economically superior to existing settlement rails at global scale.