Showing posts with label parimutuel. Show all posts
Showing posts with label parimutuel. Show all posts

+parimutuel

Parimutuel means ∃ an equivalence relation whose derivative statistics~ are mutual (peer-to-peer). In terms of double-u economics, it is simply the relationship between dyads (hyper and hypo).Tender is tax-intrinsic. Formula: round up to the next whole ¢ent [eg. 13.2¢ → 14¢, claim equals the difference (0.8¢)].
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. 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.Non-dispersive. 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 also rotisserie, BOT, double-u economics, carrots🥕 and peach🍑, multiplier)
/// Here, compliancy comes courtesy of an auction.

"Parimutuelity is reliant upon conduction, which introduces the order of things." - ๐ŸจLink Starbureiy

Function map: parimutuelDouble-u economics

+united under Egglepple

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

"Eventually, UUe will cannibalize every (other) economic system." - ๐ŸจLink Starbureiy

+double-u economics

Economist: ๐ŸจLink Starbureiy
Double-U economics / United Under Egglepple logo Double-u economics^ is the gaming protocol* leveraging spreads to configure loopstrings by auctioning fibor from Egglepple [portfolio: recto (EEE) = (micro) through verso (PPP) = (macro)]. (colloquialized as 'twist economics'). protocol: train objects with gameplay. Auction theory is inherent in the Quantumquotient.
Because in twistorspace everything is symmetrical and dyadic (u,u), our parimutuel system (ie. a current between merchants and vendors [merchant.vendor hyperlinks], which yields a graph of transactions) is reliant on the interplay between hypercurrency and hypocurrency. So, structurally, the whole industry of Egglepple implies that juking leads to the creation of ¢ents which lay the foundation of a larger economic system. (see also pajamas, ๐Ÿจlnq's walk, cybernetic governance, carrots🥕+peach🍑)
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
In this economy (:= flow of transactions), the house (UUe) will 'purse' (and not 'bank') parimutuelly; transactions happen in curvilinear time (T).
Function map: fiborUUelcometwist economicsPajamas

+coupon

For purposes of vending, a coupon is an issued receipt rebating its deployer a ¢ent* tally (called the pledge๐Ÿ‘) 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 also coupon partition)

The coupon is an accrued portion of ¢ents (the "bounty") credited [only after string closure๐Ÿ”’ (non-fibor is permissible)] to a juker relative to their work* against an opus' handicap. These are metered deductibles, and contracted in order to instigate quotient load-normalization; preventing a server overload of unexpired tokens while assuring the recycling♻ of ¢ents.Strategy/improvisation. This is the reward function for subletting energy sources. (see also 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.

+jukebox

A jukebox (jb) is a transactionary% automaton hosting a rotisserie [server shell].
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 [activators], while the assets are stews. Stewniversally, TOS๐ŸŽถ-compatibility* is required for Quantumquotient normalization.A mathematical model [mathmod]. Formal language-specific to EGP. (see also juke, juking, juker, juke tax, juke notation, Juke Lemma, cybernetics, Quantumquotient, mathemusic, Starbureiy automaton, gameshow, #recital)

+rotisserie

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

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.
/// Key words: auction, self-synthesis.

+tip

A thread-inflection point (tip). (see also ear, Double U economics, UUallet)
/// The exercise of tipping usually comes in the form of pay-per-post.

+penny stake

A penny stake is one-percent (1%) of a given enterprise. As a tax, 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 cent) relative to the handicap/yield. (see also penny fret, penny package)

+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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