A standing statement from the Director.

“The Trust is the token. The token is the Trust. We are merely the office that says so — and otherwise gets out of the way.”

On the architectural choice

There are simpler ways to run a trust fund: a vault, a board, a quarterly statement. We chose the harder one — a public ledger, a public token, a public market — because it is the only one that cannot be quietly broken.

The Moms Trust Fund is constituted entirely of $MTF. There is no second vault, no fiat reserve, no parallel custody. The Administration has no off-chain claim to anything. This is not a feature we describe in a brochure; it is the architecture of the Trust itself.

On standing

To hold $MTF is to stand in the Trust. The wallet is the beneficiary list. The Administration maintains no parallel registry, because none is needed. If you wish to be a co-holder of the Moms Trust Fund, you need only the canonical contract address and a wallet of your choosing.

On the American mother

She is the load-bearing pillar of this country. Other agencies issue commendations. We issue a share in a public trust — denominated in the only unit we found that the Administration cannot revise after the fact.

On audit

Audit early. Audit often. Audit the Director. The point of operating in public is that nobody needs the Director’s permission to look. The standing balance of the Trust is whatever the $MTF market says it is — and the $MTF market is whatever the citizen makes of it.

— The Director,
Office of the Director, Moms Trust Fund Administration