vendor

A vendor [catalyst] is a juker [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).
UUe
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.

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