# Team Tokenomics & Management Mint

Team take lives on this page. It is not restated inside Genesis parameters, mint-to-swap, or seigniorage-taxed emission.

Current House of Liquidity **team safewallet**: [`0x96F8039085ee0b4e88C74edb85598Cc7AD728D91`](https://robin.etherscan.io/address/0x96F8039085ee0b4e88C74edb85598Cc7AD728D91). **DEV Deployer** is a separate key: [`0xeb7fa9f708f5d17767d38c926b9387f42a322784`](https://robin.etherscan.io/address/0xeb7fa9f708f5d17767d38c926b9387f42a322784). The multisig executes Treasury actions and approved upgrades; the deployer may deploy candidate code but cannot switch the proxy alone. [Governance & Execution](/governance). Addresses: [Official Links](/official-links).

## SHYT tax: 20% development

Every SHYT trade takes **5%**. **20%** of that tax funds development. **80%** is Treasury. That split lasts for the life of the tax — not Phase I only. [SHYT Tokenomics](/shyt).

**HOLI's sell burn is not this tax.** Developers receive none of the 1% HOLI amount burned on a sell. [Fee Structure](/treasury-mgmt/amm-fees).

## SHYT: 10% milestone unlock

**Team vesting:** team holds **10% of purchased SHYT total supply**. Those tokens are already issued. Unlock is a release of a lock, not a mint. It is not a linear dump from listing day.

Milestone unlock. Condition is **either** SHYT market cap **or** House of Liquidity Treasury TVL.

| Unlock share | Condition (either) |
| --- | --- |
| **2%** | SHYT market cap reaches **$1,000,000**, or Treasury TVL reaches **$1,000,000** |
| **3%** | SHYT market cap reaches **$5,000,000**, or Treasury TVL reaches **$5,000,000** |
| **5%** | SHYT market cap reaches **$10,000,000**, or Treasury TVL reaches **$10,000,000** |

**2% + 3% + 5%** = the team's **10%**. Unmet remainder **stays locked**.

SHYT is **fully circulating**; **market cap = FDV**. SHYT otherwise does not inflate. See [SHYT Tokenomics](/shyt).

## HOLI: team management mint

**HOLI management mint is separate from SHYT vesting.** It is minted to the dev Team multisig at a 1% annualized rate of on-chain total supply, alongside each successful sHOLI emission accrual:

<Eq expr="\Delta S_{\mathrm{dev}}=S_t\frac{\Delta t}{365\text{ days}\times100}" />

At an eight-hour accrual interval, that is approximately <Md expr="S_t/109{,}500" />. It is not 1% of NAV and not a deduction from <Md expr="A_t" />. The mint does not use sHOLI or seigniorage tax, but it runs only when the premium gate is open and an sHOLI emission accrual succeeds. A closed gate checkpoints time and does not later backfill either mint.

No matching assets enter the Treasury. The new HOLI is external: <Md expr="N_t" /> rises while <Md expr="A_t" /> does not, so <Md expr="n_t" /> falls. This is the team's HOLI take and is NAV-dilutive. It is separate from the SHYT lock and from Genesis, LP-pairing, seigniorage-taxed emission, and mint-to-swap.