lnq 👨🏿‍🦱: parimutuel
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Showing posts with label parimutuel. Show all posts
Showing posts with label parimutuel. Show all posts

/ u-u economics [protocol]

Economist: 🧑🏿Link Starbureiy
Double-U economics / United Under Egglepple logo u-u economics^ :== protocol* for auctioning stews.^^ Colloquialized as "uuelconomics", a type of 🔋energy economy. ** Inherent in the quantumquotient.

"In a scenario where your energy🔋 needs are growing, an 🔋energy budget is obliterated via tax rebate." - 🧑🏿lnq
/// Not having (or removing) an energy🔋 budget is the fastest way to scale Kardashev.


Because in twistorspace everything is symmetrical and dyadic (u,u), our parimutuel system (ie. a cryptocurrent between links), is reliant on 🔋e:e statistics (the interplay between hypercurrency and hypocurrency). So, structurally, the whole industry of Egglepple [portfolio: recto (EEE) ↔ verso (PPP)] implies that juking leads to the creation of ¢ents🪙 (generator), thereby securing🔐 [via crypto] its circuitry. (see quantumquotient, 🧑🏿lnq's walk, crypto compliance, c@$#tag, zero-bubble, 🦆DUCC bill)
TOSUUe /// By definition, a currency is valuable whence weight can be assigned to its proof-of-work.
+¢ents get recycled♻.
+We have an economy/economic system precisely because we are using a jukebox. Like with any vending machine, you can have whatever you want [demand] (as long as it is available [supply]), you just have to pay for it.


Mechanics
Gameplay: (1) an asset (fibor) gets auctioned off until it becomes frictionless, (2) resultant cryptocurrency (links) is moved via c@$#tags.
In this economy (:= flow of transactions), the house (UUe) will 'purse' (and not 'bank') parimutuelly; transactions happen in curvilinear time (T).
Function map: fiborUUelcometwist economicsquantumquotient

/ penny stake

A penny stake is one-percent* (1%) of a given enterprise.** The percentage comes from the fact that it would account for a single penny, which is 1% of a given link. As a tax (excise), it could also be the difference between ¢ents🪙 in a markup (ie. from fraction to whole {QZ}).

Pertaining to juking, the penny stake is the tightness (strictly one ¢ent🪙) relative to the handicap/yield. (see penny fret, penny package, juke tax, coupon partition)
/// This is a recycled value; the differential ¢ent🪙 lost in an effort towards commuting MONEY is (re)gained here.

/ jukebox

jukebox (jb) :== token%-transactionary automaton hosting a rotisserie [server shell].%% activators
TOS /// Thus, a jukebox is the natural machine(ry) with which to juke (ie. perform walk brokering).

Pertaining to UUe~, our tokens are the client operators, while the assets are stews.~~ A mathematical model [mathmod]. Stewniversally, Q♯🎶-compatibility* is required for crypto normalization.** Formal language-specific to EGP. (see juke, juking, juker, juke tax, juke notation, Juke Lemma, cybernetics, QQ, mathemusic, Starbureiy automaton, gameshow, #recital)

/ parimutuel

Parimutuel means ∃ an equivalence relation whose derivative statistics~ are mutual (peer-to-peer).~~ Tender is tax-intrinsic. Formula: round up to the next whole ¢ent🪙 [eg. 13.2¢ → 14¢, claim equals the difference (0.8¢)]. In terms of u-u economics, it is simply the relationship between dyads (hyper and hypo).

In the twist economy (a p-algebraic system), currency comes at the cost-of-work. Whence juke-compliance instances are solitonous! (ie. k-current), hypocurrency is basic.!! Non-dispersive. Unspent ¢ents🪙 are recycled♻ back into the jukebox* for redistribution upon token expiration (here high score wins the pool), becoming hypercurrency for the vendor, thus satisfying its feedback loop requirement.** In this case, the house is a merchant, and its fees are the juker's ruin.

Formula: patch→token→coupon


Fitness manifests from statistical dispersion of token idempotence^ (juking-generated merchant.vendor responses via contract management&).^^ Appreciation/depreciation is null. && ie. coupons. (See rotisserie, BOT, u-u economics, c@$#tag, carrots🥕 and peach🍑, multiplier. Compare quantum entanglement)
/// Here, compliancy comes courtesy of an auction.

"Parimutuelity is reliant upon conduction, which introduces the order of things." - 🧑🏿lnq


Function map: parimutuelu-u economics

/ rotisserie

A rotisserie, or roto, statistically relates ("routes"*) self-contained cache-to-credit functions as hashed within some twistorspace ||(u,u)||.** a walk directive It exists only to throughput [measure and frame] tape.

The jukebox hosts a rotisserie in order to instantiate MONEY algorithm activity (read: 'juking'). Our rotisserie synthesizes parimutuel cycling of the matte (buttons: juke + Stewdio + fugue) so as to transact tokens. In our case, the rotisserie is synonymous with "coupon router" (ie. an auction), thereby establishing idempotency. (see foam, link)
/// key words: auction, self-synthesis

/ tip

A thread-inflection point (tip) is an inflection point (ie. maxima/minima) on a graph. (see also ear, double-u economics, UUallet)
/// The exercise of tipping usually comes in the form of pay-per-post.

/ coupon

For purposes of vending, a coupon :== an issued receipt rebating its deployer a ¢ent🪙* tally (via c@$#tagging) of an opus' into which it claims. This hyper-/hypo-negotiable certificate is a fungible (ie. used to exchange cache for credit) contract between two (2) agents [the clearinghouse (client) and a juker (server)]. (see coupon partition, c@$#tag)


The coupon is an accrued portion of ¢ents (the "bounty") credited [only after string closure🔒 (non-fibor is permissible)] to a juker relative to their work* against an opus' handicap.** Strategy/improvisation. This is the reward function for subletting energy sources. These are metered deductibles, and contracted in order to instigate quotient normalization; preventing a server overload of unexpired tokens while assuring the recycling♻ of ¢ents. (see signature, spread)
/// +This is to say that relative to fitness, jukers collect only when the yield stays within the twistorspace. However, duplicates do not get rewarded.
+Since it is rare for an opus to be fit - but normal for them to be mathematically tight (see penny stake) - ballet sorting may be applicable.


As a matter of fair use, coupons grant holders permission status for UUelcome Licensure.

/ united under Egglepple

united* under Egglepple (originally 'United Under economy') :== the unofficial (yet formal) name for (and trademark of) the jukebox, UUe.** Hence the word/name 'link'. (see Fiduciary of Fun, Egglepple, u-u economics)
UUe

"Eventually, UUe will cannibalize every (other) economic system." - lnq🧑🏿


Trivia: The color scheme (funshine/toonlight) came from Missoula, Montana's sewage system. The waterplugs in and around town all have those two colors painted on them, and I lived in a neighborhood where a plug was just over the hill beyond my window, so it was common for me to glance at it daily.

fire hydrant in Missoula, Montana

Sentimentally, I'm paying homage/tribute to Southern University's 'Columbia Blue and Gold' look (school colors: blue,yellow,white).

/ dolfin

Dolfin (or DOLFIN, from "direct-open-libre|finance") is a term coined and popularized by Link Starbureiy to refer to a parimutuel service within the finance industry.
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