Tokenomics

The flywheel

deposits --> TVL --> yield --> 5% performance fee
                                      |
                                      v
                           buy $UNIVAULT on the market
                                      |
                           +----------+----------+
                           |                     |
                           v                     v
                          burn            holder incentives

Every arrow in that diagram is driven by usage. Nothing in it depends on new buyers arriving.

Supply

Supply is fixed — there is no inflation schedule and no emissions programme, which is the point of funding incentives out of revenue instead of out of a printer. The address to verify supply against is published in the site header.