A
vendor [
catalyst] is 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).
![¢ent](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWLuWpli9aWqpw7GGM904lvCBz2Y3S77Rn25JnwQeMTkUUCeNrSdJm7JWw15atvwYZm8-0N0WoRL0gv1d_Avyr26Eq2xjG_Y_lQPGpKkqAcqTJf9ubiXfl5VFc4TdMoPYwQaVbolHoHZXb/s1600-rw/cent.png)
![United Under Economy UUe](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjbyalDm8wHgipLPBTaiBgusRyzvifEYaGAy8ivtZg6cET1hH8awLNCPbhzynz9L2BPd2wR-vyNeFohpOeHY_Iu_ptSoy7V4S_3LtIg1WEwof36sG2de1qLbMKla91Vnv5H5gt5xGpQrZkR/s1600-rw/uue.png)
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
.