{
  "ok": true,
  "label": "AATEM_REGISTRY",
  "definition": "AATEM (Asset-Anchored Tokenized Exposure Model) — the governance-layer standard for any asset-backed tokenized exposure. Maps tokens to real assets, legal wrappers, simulation, and market controls across UNYKORN, Donkai, and TROPTIONS.",
  "version": "0.1.0",
  "summary": {
    "programs_total": 4,
    "blocks_complete": 1,
    "web3_partial": 2,
    "draft": 1
  },
  "managed_by": "UnyKorn",
  "registry_fields": [
    "aatem_id",
    "asset_class",
    "legal_wrapper_id",
    "chain_status",
    "simulation_status",
    "market_status",
    "web3_status",
    "blocks_complete"
  ],
  "programs": [
    {
      "aatem_id": "aatem:mtn:seasoned-basket-2026",
      "asset_class": "mtn_wrapper",
      "pipeline": "financial_paper",
      "status": "simulated",
      "lifecycle_state": "simulated",
      "web3_status": "web3_partial",
      "legal_wrapper_id": "unykorn:jv:mtn-seasoned-2026",
      "chain_status": "STUB",
      "simulation_status": "active",
      "market_status": "pre_list",
      "blocks_complete": 5,
      "asset_anchor": {
        "type": "seasoned_mtn_basket",
        "summary": "Seasoned MTNs Sale Offer — per-ISIN secondary acquisition and hold/exit",
        "instruments": [
          "US404280AH22"
        ],
        "source_doc": "SEASONED MTNS SALE OFFER"
      },
      "legal_wrapper": {
        "legal_owner": "UnyKorn",
        "legal_wrapper_id": "unykorn:jv:mtn-seasoned-2026",
        "structure": "program_agreement",
        "jv_partners": []
      },
      "token_model": {
        "chain": 7332,
        "token_standard": "custom",
        "contract_address": null,
        "issuance_cap": null,
        "mint_status": "STUB",
        "oracle_feed": "bloomberg_secondary"
      },
      "rights_model": {
        "holder_rights": [
          "yield",
          "redemption"
        ],
        "redemption_paths": [
          "D2D Euroclear",
          "DTCC"
        ],
        "cash_flow_events": [
          "coupon",
          "margin",
          "carry"
        ],
        "waterfall": "hold → mark-to-market → exit"
      },
      "simulation_model": {
        "lifecycle": [
          "discovered",
          "under_review",
          "simulated",
          "allocated",
          "settled",
          "monitored"
        ],
        "simulation_ref": "https://donkai.org/simulation/mtn/",
        "scenarios": [
          "500M US404280AH22 @ 78+2% · 24-day hold"
        ],
        "failure_conditions": [
          "counterparty default",
          "margin call",
          "settlement fail"
        ]
      },
      "market_controls": {
        "verification_required": true,
        "listing_rules": "institutional counterparties only",
        "kyc_tier": "institutional",
        "counterparty_rules": "D2D qualified",
        "troptions_listing": "pending_verification_packet"
      },
      "registry_binding": {
        "registry_id": "twin:mtn:seasoned-basket-2026",
        "canonical_row": "canonical_master_registry",
        "donkai_twin": "https://donkai.org/simulation/mtn/"
      },
      "governance": {
        "unykorn": "legal_owner",
        "donkai": "simulation_active",
        "troptions": "pre_list"
      }
    },
    {
      "aatem_id": "aatem:minerals:rare-llc-jv",
      "asset_class": "minerals",
      "pipeline": "real_assets",
      "status": "draft",
      "lifecycle_state": "legal_bound",
      "web3_status": "needs_repair",
      "legal_wrapper_id": "unykorn:jv:minerals-rare-llc",
      "chain_status": "missing",
      "simulation_status": "none",
      "market_status": "blocked",
      "blocks_complete": 3,
      "asset_anchor": {
        "type": "mineral_rights_jv",
        "summary": "Profit-sharing JV with Minerals Rare LLC — tokenized mineral rights cash flows",
        "underlying": "Profit-Sharing Agreement — Minerals Rare LLC and UnyKorn"
      },
      "legal_wrapper": {
        "legal_owner": "UnyKorn",
        "legal_wrapper_id": "unykorn:jv:minerals-rare-llc",
        "structure": "profit_sharing_jv",
        "jv_partners": [
          "Minerals Rare LLC"
        ]
      },
      "token_model": {
        "chain": null,
        "token_standard": "aatem",
        "issuance_cap": "TBD per JV schedule",
        "mint_status": "STUB"
      },
      "rights_model": {
        "holder_rights": [
          "revenue_share",
          "governance"
        ],
        "redemption_paths": [
          "jv_distribution"
        ],
        "cash_flow_events": [
          "distribution",
          "production_milestone"
        ]
      },
      "simulation_model": {
        "lifecycle": [
          "draft",
          "legal_bound",
          "registered"
        ],
        "simulation_ref": null,
        "scenarios": [],
        "failure_conditions": [
          "JV breach",
          "production shortfall"
        ]
      },
      "market_controls": {
        "verification_required": true,
        "listing_rules": "accredited only — blocked until token_model complete",
        "kyc_tier": "accredited"
      },
      "registry_binding": {
        "registry_id": null,
        "canonical_row": "pending"
      },
      "governance": {
        "unykorn": "jv_active",
        "donkai": "awaiting_simulation",
        "troptions": "blocked"
      }
    },
    {
      "aatem_id": "aatem:resort:nft-access-v1",
      "asset_class": "nft",
      "pipeline": "usage_rights",
      "status": "draft",
      "lifecycle_state": "draft",
      "web3_status": "needs_repair",
      "legal_wrapper_id": "unykorn:program:resort-nft",
      "chain_status": "STUB",
      "simulation_status": "defined",
      "market_status": "blocked",
      "blocks_complete": 4,
      "asset_anchor": {
        "type": "resort_access_nft",
        "summary": "Resort inventory and booking rights as callable access NFTs",
        "underlying": "NFT Resort program"
      },
      "legal_wrapper": {
        "legal_owner": "UnyKorn",
        "legal_wrapper_id": "unykorn:program:resort-nft",
        "structure": "program_agreement"
      },
      "token_model": {
        "chain": 137,
        "token_standard": "erc721",
        "issuance_cap": "per resort inventory",
        "mint_status": "STUB"
      },
      "rights_model": {
        "holder_rights": [
          "access",
          "booking",
          "revenue_share"
        ],
        "redemption_paths": [
          "room_booking",
          "upgrade",
          "burn"
        ]
      },
      "simulation_model": {
        "lifecycle": [
          "minted",
          "transferred",
          "redeemed",
          "burned",
          "archived"
        ],
        "simulation_ref": "mint → trade → redeem/expire → archive",
        "scenarios": [
          "booking flow",
          "revenue distribution"
        ]
      },
      "market_controls": {
        "verification_required": true,
        "listing_rules": "merchant launchpad integration required",
        "kyc_tier": "basic"
      },
      "registry_binding": {
        "registry_id": null
      },
      "governance": {
        "unykorn": "program_defined",
        "donkai": "scenario_defined",
        "troptions": "blocked"
      }
    },
    {
      "aatem_id": "aatem:energy:osc-dna",
      "asset_class": "energy",
      "pipeline": "real_assets",
      "status": "viable",
      "lifecycle_state": "registered",
      "web3_status": "web3_partial",
      "legal_wrapper_id": "unykorn:program:osc-energy",
      "chain_status": "STUB",
      "simulation_status": "active",
      "market_status": "pre_list",
      "blocks_complete": 6,
      "asset_anchor": {
        "type": "energy_facility",
        "summary": "OSC power purchase / energy facility — Project DNA viability",
        "underlying": "OSC Power Purchase Agreement pathway"
      },
      "legal_wrapper": {
        "legal_owner": "UnyKorn",
        "legal_wrapper_id": "unykorn:program:osc-energy",
        "structure": "ppa_program"
      },
      "token_model": {
        "chain": 7332,
        "token_standard": "aatem",
        "issuance_cap": "facility capacity linked",
        "mint_status": "STUB",
        "oracle_feed": "offtake_meter"
      },
      "rights_model": {
        "holder_rights": [
          "yield",
          "governance"
        ],
        "redemption_paths": [
          "offtake_settlement",
          "incentive_claim"
        ],
        "cash_flow_events": [
          "offtake",
          "incentive",
          "itc_capture"
        ]
      },
      "simulation_model": {
        "lifecycle": [
          "draft",
          "viable",
          "live",
          "capital-ready"
        ],
        "simulation_ref": "https://donkai.org/simulation/",
        "scenarios": [
          "Energy project DNA viability and incentive capture"
        ],
        "failure_conditions": [
          "offtake shortfall",
          "incentive clawback"
        ]
      },
      "market_controls": {
        "verification_required": true,
        "listing_rules": "regulated utility counterparties",
        "kyc_tier": "institutional",
        "troptions_listing": "awaiting_chain_live"
      },
      "registry_binding": {
        "registry_id": "dna:energy:osc",
        "donkai_scenario": "https://donkai.org/simulation/"
      },
      "governance": {
        "unykorn": "program_owner",
        "donkai": "simulation_active",
        "troptions": "pre_list"
      }
    }
  ],
  "total": 4,
  "standard_api": "https://donkai.org/api/aatem/standard"
}