/ fret

A fret (ie. activation fee/price-per-token) or coin :== a conjectured ideal phenomenon in juking. Theoretically, it is the "lowest-level juke [as one-twenty-sixth (1/26^th) of a sporadic group]" at one ¢ent🪙 (penny), where the value is derived from the ¢ent🪙 formula [fret = log_n(b/a) | {b,a = (u,u), n = font size × font weight}]. Its representative tablature indicates the range from which integer-spin statistics are obtained. (see bid)

The significance of the fret (and the idealism of it) is its extreme affordability; one ¢ent is considered to be Nature's 'disposable income'. Mirroring chemistry, the fret would be the lowest available energy level [resonance].

In everyday vernacular, most, if not all, jukes hedging opus handicaps are assumed to be so-called "(penny) frets". That is, their fret is typically worth "pennies on the dollar" or "cents on the dollar". The fret itself may be an accurate description of a general deposit because standard coupon deviation is registered by table.
/// +In theory, attaining a per-¢ent🪙 fret is challenging because of tablature efficiency conditions; where the greater the number of pencils (and hence ¢ents), the heavier the string, resulting in a juke with a wild count.
+In practice, a pure 'penny' (1¢) fret is infeasible in two-dimensional (2d) vector space because such a fret is not congruent with any handicap, and for this reason, we improvise (ie. choreograph in twistorspace). Routinely, quotient normalization happens when the handicap becomes saturated.

/ 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: parimutuel → u-u economics

/ dividend

(see tip, c@$#tag)

/ hypercurrency

Hypercurrency is ¢ents moved by a vendor (think 'credit'💳). (compare hypocurrency, see also hyperlink, juke tax, 🧑🏿lnq's walk)

/ hyperlink

A hyperlink :== a conjoining of two separate fields on (or attached to) a brane via transaction* that retains continuity of metadata.** An instance of database sorting.

In terms of gameplay, hyperlinks assist in reducing twistorspace. (see fold, link, j-field)