Ratified under the Sovereign Petroleum Accord of A.D. 2026
Whereas the global energy supply chain has long suffered from opaque reserve claims, unverifiable production data, and inscrutable logistics administration; and whereas the public possesses an enduring interest in the integrity of the energy supply record; the undersigned stewards do hereby establish the Middle Eastern Oil Reserve as a transparent on-chain custodian of verified energy output.
There is hereby established the Middle Eastern Oil Reserve ($MEOR), a sovereign on-chain protocol settled on the Solana mainnet, governed by the Board of Stewards under the terms of this Charter and the Sovereign Petroleum Accord.
MEOR shall serve as a transparent custodian for verified oil reserve attestations, supply chain verdicts, logistics receipts, and the disbursement of energy grants from the public treasury, and shall report continuously upon its operations to the public ledger.
The Board shall consist of not fewer than seven (7) and not more than thirteen (13) directors, each holding office for a term of two (2) years. The Board shall publish its rolls and proceedings to the registry without delay.
A validator quorum of no fewer than two-thirds (2/3) of seated validators shall be required to ratify any instrument bearing material consequence to the public ledger or the disbursement of treasury reserves.
All instruments, filings, attestations, and disbursements shall be recorded to the public ledger and made available for inspection by any party at no cost and without precondition.
This Charter may be amended only by the affirmative vote of two-thirds (2/3) of the Board of Stewards and ratified by the validator quorum, following a public comment period of not less than thirty (30) days.