The credit
Soil carbon, plot 14-N
Origin signed before a credit exists. The method and the signer are bound to the plot.
$3,400.00
The working desk
A public floor and a public tape.
Private issue and private ambition sit on top. Risk is charged on what remains after the basket. The residual is what a personal coin may represent. This browser is the model. It is not a Hedera transaction.
Post the marks, post the floor, then issue.
01
Origin
Inventories marked
02
Allowed
Floor and risk first
03
Action
Coin issued, pool open
04
Revoke
Impair a line. The book moves.
The shipment
Grain lot, silo 7
Weighed at the gate. A later invoice cannot quietly become the origin.
$4,320.00
The credential
Warehouse receipt, bearer S. Voss
The title travels with the bearer. The dossier stays. The house may check, not take the file.
$4,200.00
Floor, then residual
The floor is a basket plus an income, taken from the pile before anyone’s ambition. It is not a percent, and it is not the mint. Risk is charged on what remains.
- Gross
- $11,920.00
- Floor
- $1,470.00
- Risk
- $1,254.00
- Residual
- $9,196.00
100% of gross
12% of gross
11% of gross
77% of gross
Basket and income $1,470.00. Editing a band unposts the floor until you post it again.
Book $1.00. Residual 6.26 baskets. UNIT is not this coin.
Marks not posted. Floor not posted. Not issued.
The mint
400 of 1,000 UNIT
UNIT is the scarce public meter. The next tranche is 100. Seigniorage is listed at $1.00 a unit. Issuing NOTE does not increase it.
Named credit
One basket. Four instruments.
- None written.
Book and market
Two piles discover the ratio.
Book $1.00 · Market $1.00 · 0.0% rich
The agent
The agent pays the floor only after it is posted. It names no recipient.
Public tape · 0
Appended at the bottom. A later edit does not rewrite an earlier line.
- Nothing posted. Post the marks, post the floor, then issue.