Lum
Earnings · the economy

Royalties that split to the cent — provably.

In plain words

When a capsule earns, the money splits automatically among everyone whose work it was built on — down to the cent, and anyone can check the math.

When a capsule earns, its signed lineage splits royalties across every ancestor — to the cent, zero dust (largest-remainder), with per-generation decay. Usage is priced by true cost (opcode gas + operand magnitude + emitted/sent bytes), not instruction count. All integer, deterministic — the same result on any substrate, and this exact math runs 0-ULP in economy_core.wasm today. Edit anything below and it re-computes on your device. What’s live now is the math; turning it into settled payouts (a payment rail + payout identity) is the next step, not yet shipped.

Your account

Pseudonymous, signed by a key on this device (the same key that authors your capsules). You get 1000 welcome creditsconserved test credits. They’re not money: cashing out to fiat needs identity + a payment rail, a frontier we haven’t shipped — and issuance isn’t Sybil-resistant yet (a new device key gets its own welcome grant), so they carry no scarcity. What is real and checkable is the accounting: every balance derives from the public signed ledger and total supply is conserved to the credit.

The whole economy, right now
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Every balance is derived from the public signed ledger — no total is ever written. The invariant Σ balances + pool = minted is re-checked live here.

Royalty split — cent-exact down the lineage

A sale of one capsule. Each ancestor's weight is its breed-time contribution. Change the revenue or weights → the split re-derives so the parts sum to the whole exactly.

Largest-remainder allocation over integer cents: no rounding creates or destroys a single cent. Two independent readers computing this from the public lineage get byte-identical results.

Resource pricing — you pay for true work

A capsule run is metered. Cost = gas·100 + operand-bits·1 + emitted-bytes·4 + sent-bytes·8 (micro-credits). Magnitude and I/O count, not just opcode count — so cheap tricks can't dodge the meter.

total cost

Deterministic integer pricing — the same meter yields the same cost on CPU, WASM, or GPU. This metering + split math is what runs today; turning it into settled money (signed usage statements, a payment rail, payout identity) is a frontier we haven’t shipped — no funds move yet.