Introducing Anemos: A Fair-Launch Layer-1 with a Native Stablecoin

Anemos (ἄνεμος, Greek for wind; ticker ANM) is a layer-1 blockchain that pairs a deliberately minimal, no-VM proof-of-stake core with two features that cannot be added on top of an existing chain: a fair launch and a native, protocol-level stablecoin. This post explains the thesis.

Why fork, not build on top

Anemos is a respectful fork of Pactus — a lightweight, BFT-final, sortition-PoS chain with six fixed transaction types and no virtual machine. That minimalism is a security feature, and we preserve it. But two goals are reachable only at the base layer:

1. Tokenomics. A genesis allocation is fixed at genesis; it cannot be changed from a contract on top. Anemos launches with no premine, no treasury balance, no foundation reward, and no supply cap — coins are minted every block by a decaying emission schedule with a perpetual tail.
2. A native stablecoin. A chain that rejects unknown transaction types and has no VM cannot host trust-minimized DeFi as a contract. So the stablecoin is native consensus logic — a new module alongside the existing bond/withdraw/sortition modules — not a smart contract.

What Anemos adds

• A Djed/Zephyr-style overcollateralized stablecoin whose reserve is partly funded by block emission, routed by a collateral-ratio EMA, with minting halted below a collateral floor (the anti-death-spiral rule lifted from Djed’s formally verified bounds).
• A consensus-embedded price oracle: each block a deterministic committee subset signs the ANM/USD price into a block-body section the existing certificate already attests. Deviation is slashed; absence never is.
• A fair-launch emission curve in the Kaspa family — smooth geometric decay toward a small perpetual tail — so the protocol funds itself, and its reserve, forever.

The honest framing

The hard parts here are not the codebase mechanics; they are (a) the oracle and its honest-majority trust ceiling, (b) the reflexivity of a native-coin-backed stablecoin, and (c) bootstrapping value before the stablecoin can mean anything. We design these first, in the open, and we will keep writing about them here in a technical, research-first style.

A global testnet is already live across four continents. The deep dives — the stablecoin mechanism, the oracle, and the emission model — follow in the next posts.