// Economics

Memory
Accounting

On-chain memory as a tradeable digital asset. Natural incentives for efficient use — no artificial gas limits.

TradeableMemory
IncentivisedRecycling
ZeroGas Limits

Memory is a scarce resource in the global state of any distributed system: Every byte must be replicated across every peer. Most networks ignore this cost or hide it behind volatile gas fees. Convex confronts it head-on: on-chain memory is a first-class economic asset.

When you allocate state, you spend CVM proportional to the memory consumed. When you free that state, you get coins back — a direct credit that rewards good housekeeping. The result is a self-regulating system: bloat is expensive, efficiency is profitable, and the network stays lean without any central authority imposing limits.

Documentation & References