ADR-0025: the native coin and the governance token are one asset

Two assets were described separately, deliberately, while the question was open. ADR-0018 §6 and the site both said the relationship was undecided, in those…

Status: accepted. Dated 2026-09-29.

Status: accepted, 2026-09-29. Decided by the owner, asked directly whether SULI and ADR-0018's token should merge. It closes the open question ADR-0018 §6 left and retires the "not decided" line the site carried on /token; it amends ADR-0018 §2 rule 1's SCOPE and what ADR-0022's rights refer to. It does not touch ADR-0001 (the rollup stays a rollup) or ADR-0017 (the rollup's fee path is SOL).

1. Context

Two assets were described separately, deliberately, while the question was open.

• ADR-0018's token: governs the economic surface and pays for settlement work — proposing, verifying, challenging, staked sequencing — and is never gas and never collateral. Not issued; ADR-0022 sells rights to it privately.
• SULI, the native coin (built in 56825e7, renamed in 9f35a53): the native asset of Solieum's own chains, 9 decimals, 500,000,000 at genesis, half of every fee burned, running today on devnet chains with test value only.

ADR-0018 §6 and the site both said the relationship was undecided, in those words. Asked directly on 2026-09-29, the owner decided: one asset.

2. Decision

The native coin and the governance token are the same asset — name SOLIEUM, ticker SULI. It carries both roles:

3. What this changes, precisely

ADR-0018's rule 1 is rescoped, not withdrawn. It read "never in the fee path". It now reads never in the rollup's fee path. The rollup charges SOL, keeps charging SOL (ADR-0017), and no user ever needs this asset to transact on it. What changes is only that the asset is admitted to be what it already is on Solieum's own chains: their gas. The promise the rule existed to make — you do not need our asset to use our rollup — survives intact.

Rule 2 is unchanged and reaffirmed. Never collateral for user funds. Every bond that secures user funds or pays a challenger is SOL and stays SOL, even if this asset is worth more. A bond denominated in the asset being defended is a circular guarantee.

Rule 3 is unchanged. Rewards are paid for settlement that held: pending until the window closes, forfeited to the challenger when a root is refuted.

ADR-0022 is unchanged in substance. What is sold is rights to this asset; the stages, the private-agreement basis and the no-public-sale-until-announced rule all stand. Buyers are not disadvantaged: the asset they hold rights to now has a defined form rather than none. They should be told directly — that is the owner's to do, not the site's.

4. What this does NOT decide

• Issuance. Still gated by ADR-0018 §4. Until one of those conditions is met, nothing is issued and the site says so.
• Supply, emissions, allocation, vesting, the mint address and the chain it is minted on. These remain ADR-0018 §5's open list, to be fixed in the issuance ADR.
• ⚠ The devnet chains' parameters do not bind the issued asset. The 500,000,000 at genesis, the 9 decimals, the 5,000 bps burn and the reserved all-2s identifier are a rehearsal on chains whose value is test value. They are not a supply commitment, and holding SULI on a devnet chain is not a claim on anything. The issuance ADR may choose the same parameters or different ones.
• ⚠ There is still no Solana mint address. The reserved identifier is a native-coin id inside Solieum's own chains, not an SPL mint. Every address claiming to be this asset today is a scam, and the site keeps saying so.

5. Consequences

• The sentence "whether the coin and the token become one asset or two is not decided" is retired everywhere it appears: /token, the tech page's FAQ, the facts table, the white paper and the project memory.
• /token describes one asset with two roles, keeps its "planned — not issued" status, keeps the scam warning, and keeps rule 1 in its rescoped form so the rollup's SOL-only fee path is not blurred.
• Nothing on-chain changes today. The coin chains keep running exactly as they are; this is a decision about what the asset is, not a code change.
• ADR-0018 §7's issuance-day checklist gains one line: the issued asset's parameters are set by the issuance ADR and need not match any devnet chain's genesis — so nobody reads a rehearsal as a promise.

6. Why this way rather than the alternatives

Two assets was defensible while the coin was hypothetical. Once the coin existed and ran, two assets meant explaining to every reader why a project with a native coin also needed a second token for governance — a question with no good answer that does not sound like a second fundraise.

Merging by renaming the page was rejected: it would have put governance content under a name that means gas, contradicting the page's own first rule, and left ADR-0018 and ADR-0022 describing an asset the site no longer named. A decision that changes what a sold right refers to belongs in an ADR, not in a copy edit.