BURNS WHEN AMERICA BORROWS

One burn unit per

$1B

of new U.S. debt on Treasury's Debt to the Penny, counted each business day.

$DEFICIT bought and burned to date

—

Every $1,000,000,000 the U.S. borrows burns $DEFICIT.

a memecoin · the rule says what supply does, not what price does

The rule in one sentence: each business day Treasury publishes the national debt; every full $1B it rose since the previous reading is one unit, each unit spends 1% of the token's own burn pool (1 − 0.99^units) buying $DEFICIT on its Raydium pool, and the on-chain program burns everything bought in the same instruction — with a receipt on chain.

Trade $DEFICIT Read the receipts rules.json

Replayed over the real Treasury series, 2025-01 → 2026-10-08: 235 burn days, 6,490 units, biggest day 2025-07-07, +$366.44B → 366 units (the day after the debt ceiling rose). A replay of what the rule would have counted, not a forecast.

§1Live

U.S. total public debt outstanding

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awaiting the keeper's status.json

Last reading

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Treasury posts each business day's figure the next afternoon (ET).

Next possible burn

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The keeper checks the feed at 16:30 and 20:00 ET; a burn needs a full $1B of new debt.

Bought and burned

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of 1,000,000,000 supply

Fee pool

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SOL available for the next burn, after a 0.02 SOL fee reserve

Keeper

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last feed check —

§2Today

awaiting the keeper's status.json

The day's report, in the same words as the post on @USA_DEFICIT: filled from status.json and burns.json, never retyped (format: docs/launch/daily-post.md).

§3Receipts

One row per burn day. The reading is Treasury's number for that date; units are what the rule counted; the swap bought the tokens and the burn destroyed them. Verify opens the exact curl, the arithmetic and the memo the burn carries on chain.

Record date	Reading	Debt change	Units	Spent (SOL)	Bought	Burned	Swap tx	Burn tx	Check
No receipts loaded. The first reading after launch is the baseline; the first burn follows the first full $1B increase after it.

§4The debt curve

burn day (bigger = more units)hover or touch the line for a reading

§5Verify it yourself

The rule file and its hash

The rule is fixed at launch and published as rules.json. Its SHA-256 is written into every burn's memo, so a receipt that cites a different hash is not this rule.

sha256: — (loaded from status.json)

Three steps, any machine

Fetch the two Treasury rows a burn used — public API, no key:

curl -s 'https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v2/accounting/od/debt_to_penny?fields=record_date,tot_pub_debt_out_amt&filter=record_date:in:(PREV_DATE,RECORD_DATE)&sort=record_date'

Apply the rule:

units = floor((now − prev + carry) / 1,000,000,000)
spend = pool × (1 − 0.99^units)        # pool = the burn pool's SOL − 0.02 reserve
burn  = every token the swap delivered

carry = the sub-$1B remainder from a run of consecutive increases; any down or flat day resets it to 0.

Read the memo on the burn transaction — it carries the same numbers, in this order:
```
DEBT|2026-10-08|src=fiscaldata.treasury.gov debt_to_penny|prev=40284036147367.19|now=40305316210829.72|delta=21280063462.53|units=21|pool=…|spent=…|got=…|burn=…|swap=<sig12>|rules=sha256:dae4d8042ac1|v2
```
If the memo, the chain and the Treasury rows agree, the receipt is good. The keeper recomputes every burn from its recorded readings and marks ✓ only when they match; anything else shows ! with the reason.

§6Who pays for the burn

1 · trading fees

Every trade of $DEFICIT pays a creator fee on the launch venue. That fee is the only income the mechanism has.

2 · the fee pool

Fees are claimed into the burn pool, an account of the on-chain program that has no withdraw instruction. Any seed deposit is disclosed with its transaction. Nobody can withdraw it; the program never sells.

3 · the swap

On a day with units the program spends 1 − 0.99^units of the pool buying $DEFICIT on the token's Raydium CPMM pool. Under the floor (about $1) it buys nothing and the pool keeps it.

4 · the burn

Every token received is burned in the same instruction, with the memo. Holders' balances are never touched: no delegate, no transfer hook, no mint authority.

A memecoin. The rule says what supply does, not what price does.

$DEFICIT has no product, no revenue share and no team promise beyond running the published rule. Burning supply does not make a price go up; nobody here says it will. Buying fees fund the burns, so days with no trading are days with small burns.

Everything on this page is recomputed from public data — Treasury's API and the Solana chain. If a number here and a number on chain disagree, the chain is right and the page is wrong. Not investment advice; nothing here is an offer.