The SPL token structure is a foundational component of @intodotspace market architecture, and at the center of this design lies a powerful mechanism: minting and burning. This system is what enables constant liquidity, fair pricing, and capital efficiency across prediction markets without relying entirely on active buyers and sellers. For every 1 USDC deposited, the protocol automatically mints: 1 YES token 1 NO token These two tokens represent opposing outcomes of the same market. Importantly, they are created together and are always fully backed by the deposited USDC. This means the system remains 100% collateralized at all times. The key rule is simple but powerful: YES + NO = $1 (approximately) This fixed relationship forms the backbone of price stability across the market.