H11X Token Acquisition Policy
Operating Entity: H11 Systems Enterprises · Effective Date: October 17, 2026 · Document ID: H11X-TOKEN-ACQUISITION-POLICY
1:1 Peg & Corporate Reserve Backing: Fiat received via official USD/INR gateway claims (razorpay.me/@h11systemsenterprises) is held in a 1:1 corporate reserve account managed by H11 Systems Enterprises to back issued user credits and guarantee treasury liquidity, alongside protocol-level capability reserves (HXU) governed by H11XPegOracle.sol.
1. Official Acquisition & Payment Channels
- Primary Business Payment Gateway: All fiat/INR/card/UPI token acquisitions are processed exclusively through the verified business handle https://razorpay.me/@h11systemsenterprises operated by H11 Systems Enterprises.
- Official Business Billing Contact: For corporate invoicing, wire/PayPal Business inquiries, or institutional settlement, contact payments@h11.world or support@h11.world. No personal Gmail or personal savings bank accounts are used.
- On-Chain Web3 Settlement: Users may also submit verified on-chain transaction hashes (
0x...) for automated cryptographicHXIDverification.
2. How the 1 USD = 1 H11X Peg & Reserve Backing Work
- Corporate Reserve Account (1:1 Fiat Backing for Purchased Credits): Fiat proceeds collected from user token claims via H11 Systems Enterprises are maintained in a 1:1 corporate reserve account to back user-acquired H11X credits and support verified redemption/withdrawal requests.
- On-Chain Oracle Enforcement: The base conversion rate of
1 H11X = 1.00 USD(≈ ₹95.77 INRreference) is enforced on-chain by H11XPegOracle.sol. - Genesis Supply Pool vs. Circulating Reserves: The
11,000,000,000 H11XGenesis Treasury Pool represents unissued protocol token capacity. Whenever a user acquires H11X, the exact credited amount is deducted from the Treasury Pool and matched by the verified payment receipt (HXID). - Live Proof of Reserves: Users can audit live capability reserves and settlement proofs at /h11x-capability-reserve.json, /proof/operational.json, and /external-validation.json.
3. Finality of Sales, Refunds & India VDA Tax Compliance
- Finality of Sales: All sales of digital tokens are final once the transaction is confirmed. We do not offer cash refunds for digital assets.
- India VDA Tax & TDS Compliance: Under the Indian Income Tax Act, 1961, Virtual Digital Assets (VDAs) are subject to a 30% tax on gains under Section 115BBH and 1% Tax Deducted at Source (TDS) under Section 194S where applicable. Users are responsible for applicable statutory tax compliance.
- Dispute & Reconciliation Window: Any payment reference reconciliation issue is resolved within 5–7 business days via support@h11.world.