vendor :== a
stewcer [
server state] that
vends a
token and circulates ("spends") it into an
economy by way of a
coupon (on a shared "
peer-to-peer"
router). The time for
exit (ie.
merchant acceptance of
coupon) is correlated to earned
¢ents🪙 (
1 ¢ent🪙 = 1 second).


A
vendor's status is
active only and immediately after an
opus closes🔒 (ie. ¢ents🪙 become transferable when a
yield is obtained). (see
Black and White,
parimutuel,
coupon,
u-u economics)
/// Vended ¢ents (hypocurrency
) are circulated ("spent") at the point-of-distribution with a merchant
.