acausal
system notes
compensation for an adverse ai transition could arrive too late to be useful. acausal asks what can be paid beforehand. a present buyer advances cash against a limited share of future project income; token holders can take that cash by giving up their tokens.
the advance facility runs on base, using usdc. bids price a fixed claim. holders choose whether to accept the resulting offer. no ai event has to occur for a round to settle, and no future ai payment is assumed.
before launch. the revised contracts have passed local rehearsals against base state. no public token or funded round is live. the implementation has not had an independent security audit.
system diagram
cash moves in two stages: holders receive the funded exit payment; the buyer collects a limited share of later income.
01 income and reserve
with no active buyer claim, compensation accumulates in reserve. base founder and operations shares round down; the early supplement rounds cumulatively. residue stays with compensation.
02 offer and settlement
r = floor(free reserve × q / s)
k = floor(trailing 180-day compensation income × q / s)
outbid principal becomes withdrawable
may reduce or cancel until closing
fund holder credits with all r + b
activate buyer claim only if b > 0
r returns to reserve
no burn and no buyer claim
accepted tokens and cash are allocated proportionally when oversubscribed. withdrawals are independent. if settlement fails, all its changes roll back; anyone can abort after the recovery deadline.
03 later income
x: eligible compensation income since activation
s: accounting supply fixed for the offer
only the retired fraction is assigned to the buyer
holder compensation is not clawed back
funded credits remain withdrawable
a new successful-round cycle cannot start before the full 180-day term ends. a reserve-only exit uses r, needs no buyer and creates no future claim.
for a 5% quota: reserve $1,000 → r = $50. historical compensation $7,000 → k = $350. buyer bids $250 → holders receive $300 now. if compensation posted during the next 180 days is $7,000, the buyer collects $350: $100 above the advance, before costs. if it is zero, the buyer loses the $250 advance.
income is counted when posted, not when a trade occurs. pre-settlement income is posted before the new claim starts; income posted at or after expiry is excluded.
terms
| income | usdc forwarded by the receipt vault, including converted pool fees and gifts. trading volume is not income. |
|---|---|
| cash split | 40% founder on the first 250 usdc of lifetime income, then 20%. operations receives 10% throughout; compensation receives the remainder. the early supplement is capped at 50 usdc and never resets. amounts are subject to smallest-unit rounding. |
| round size | 5% of accounting supply, rounded down. reserve allocation and the buyer’s receipt share use that same fraction. |
| timing | 48 hours for bids, then 48 hours for tenders from bid selection. each phase has a 24-hour grace period for completion; after it, anyone can abort. |
| funding | at least 1 usdc in reserve allocation plus winning bid. the entire token quota must be tendered. |
| buyer claim | ends at its fixed cash ceiling or 180 days after settlement. the next round cannot open before that full term ends, even if the ceiling is reached early. |
| pool fee | 1% configured lp fee, plus the upstream protocol charge: approximately 1.2% in total. the cash split applies to project receipts, not to trading volume or holder payouts. |
these are the selected launch terms. they become fixed on deployment. at launch there is no income history: a positive buyer ceiling requires posted compensation income first. an empty reserve and no advance cannot fund an exit.
founder allocation
3% of initial token supply goes to the founder: locked for 30 days, then released linearly over 180 days. it is fully vested on day 210. the other 97% seeds the initial pool. there is no initial founder purchase.
claiming vested tokens does not turn them into cash; selling requires a buyer and available liquidity. founder cash credits are separate from token sales and retirement rounds. anyone can deliver a funded income credit to its recorded owner; the caller cannot redirect it. this still requires a gas-paying transaction.
founder, token administration and operations use 0x9CF20dAfEfd34B6c02eFA9f20C99C06D4f4e2A13. this wallet receives both cash shares. operations funds are accounted for separately.
rounds and withdrawals
no round is open. bidding, tendering and withdrawals will appear here after deployment and address verification.
scope and assumptions
the decision-theory reference is timeless decision theory. an onchain commitment does not by itself establish the dependency between decisions that an acausal trade would require. the implemented mechanism is a sale of future receipts, funded by a present buyer. its usefulness against ai-related losses remains unproven.
a bid prices a cash-flow claim; it is not a probability of ai takeover. the buyer may recover nothing. holders receive funded withdrawal credits only after successful settlement; those credits still require a withdrawal transaction.
pool-fee conversion has no guaranteed exchange rate. usdc transfers can be restricted by its issuer, and upstream contracts retain their own authorities. permissionless steps still need someone to pay gas; no funded automatic operator is running.
there is no guaranteed redemption price or complete liquidation. accounting supply is initial issuance less facility retirements, not the token supply currently on base. independent burns and bridge movements do not reduce that denominator. below 20 smallest token units, new rounds stop; existing claims remain available, subject to asset transfer restrictions.