XXVIII

What key loss means on a non-upgradeable contract

No proxy, no admin path, no recovery. That is the strength of the design and its sharpest edge, including royalties that cannot be withdrawn without the author key.

The seven LPS-1 contracts are not upgradeable. There is no proxy and no administrator who can swap the code. That is why the rules cannot change after the fact, and why a mistake cannot be patched after the fact either.

Key loss is therefore final. The security section of the standard says so for anchoring: lose the author key and no further editions can be anchored. There is a second consequence that a buyer of an edition token should see. RoyaltyRouter pays out by pull-based withdrawal: funds accrue in the contract until the author key withdraws them. If that key is lost, whatever has accrued is permanently stranded. The router has received and withdrawn 0.01 POL to date and holds a zero balance, so the exposure today is small, and the page now states the consequence in its Limitations.

What the design gives in return is a record nobody can quietly edit, including the people who wrote it. For a provenance standard, that trade is the point.

Insight · 2026-09-09 · sourced to the evidence ledger and the chain

Questions

Was there an external audit?No. The contracts had an internal review by the team that wrote them. The page previously said independent internal audit; it now says internal review, no external audit.
Can the contracts be paused or frozen by an admin?Editions can be frozen by design as part of their lifecycle; the contracts themselves have no upgrade or pause administrator.

Who operates this site

OperatorUnyKorn LLC, a Wyoming limited liability company, formed 2026-07-01, filing 2026-002019968 (Wyoming Secretary of State business filing search). Managing Member: Kevan Burns.
AddressRegistered in Wyoming, United States. A verified office and mailing address is published the moment the founder confirms it; until then none is printed.
TrustEvery figure on this site resolves to a row in the public evidence ledger; the chain reads carry their commands; security.txt, llms.txt and lps1.json are published; our commitments.
PerimeterUnyKorn LLC is a technology and administration service provider. It is not a bank, broker-dealer, exchange, custodian, trustee, transfer agent, appraiser, auditor, investment adviser, money transmitter, or issuer.