Kladia Liquidity Deflator (KLD): A Debt-Indexed Deflationary Token on XRPL

TL;DR

Kladia Liquidity Deflator (KLD) is a macro-responsive, debt-indexed deflationary token on XRPL that adjusts its supply based on macroeconomic debt levels using oracles and governance mechanisms.

Contribution

The paper introduces a novel debt-indexed deflationary token model on XRPL that dynamically adjusts supply in response to macroeconomic debt data.

Findings

KLD's supply responds deterministically to macroeconomic debt indices.

Implementation through XRPL oracles and governance ensures transparency.

Fixed maximum supply of 10 billion tokens.

Abstract

Kladia Liquidity Deflator (KLD) is an XRPL-based, debt-indexed token whose supply dynamics respond directly to a debt index derived from macroeconomic data sources. The model links indebtedness to deterministic adjustments in issuance, burns, and escrow release caps, creating a rule-based deflationary mechanism that strengthens as debt rises. With a fixed maximum supply of 10 billion KLD, the mechanism is implemented through XRPL oracles and governance. Escrow locking depends on the TokenEscrow amendment; until it is active network-wide, allocations will be secured in a multi-signature vault with published rules and public monitoring. KLD provides a transparent and mathematically grounded framework for a macro-responsive digital asset.