◇ 02the burn policy
the treasury wallet only ever holds HYPE; it never custodies NFTs. each procession round spends treasury HYPE to buy floor listings. step 1 (buy): bought apes are parked on the sweeper (not the treasury), flagged pending burn. step 2 (confirm): the principal audits the round and signs a separate burn-confirmation transaction, and the parked apes are permanently destroyed — total supply drops. a swept ape only ever passes through the sweeper (briefly) and the burn address (forever). while parked it cannot be listed, bid on, or sold; the principal can rescue a mistaken buy to a safe address before confirmation, but a confirmed burn cannot be undone.