What your bag is actually worth
Backing is one number, and it is the whole story.
Most tokens ask you to guess what they are worth. Quota answers it. The reserve holds prepaid AI compute, the supply is public, and dividing one by the other gives the backing per token. Multiply that by your bag and you have your quota: the credits you can take out today.
Your quota is your bag times backing. Nothing else.
Where the number comes from
Every trade pays creator fees. Those fees fund a public reserve: most of the pool backs the token and the rest goes to the holder drip. The reserve is not a promise or a treasury target. It is a balance anyone can look up, published on the reserve page next to the supply it backs.
Why it climbs
Two forces push backing up. Volume adds to the reserve, and every redemption burns tokens, which shrinks the supply the reserve is divided by. Claims are always paid from what the reserve already holds, so the floor is never written against money that is not there.
What it is not
Credits pay for inference. They are not cash, they cannot be withdrawn to a bank, and nobody is promising to buy your tokens back. That is exactly why the floor holds: it is made of something people use every day, not of a pledge.