{"civilization":{"asset":"default on irreversible spend \u2014 globally, across licensed rails","keep":"Nisaba retains the mouth \u2014 do not dilute the GP early","not":"a money hoard without a mouth; not SaaS; not a calculator","reward":"GP register: management on mouths + bps + carry on cleared flow"},"contact":"hello@velaru.xyz","engine":"https://velaru.xyz","equations":{"asset":"default x permission x welded mouths","flow":"10 bps on cleared + 5 bps on cleared above $500/mo","management":"$5,000/mo per welded write + $5,000/mo per LIVE license parent / mo","not_the_prize":"one lonely quiet minimum on one door"},"licensed_only":true,"mouth":{"children_cannot_outlive_parent":true,"fail_closed":true,"nos":"https://gate.velaru.xyz/.well-known/restraint.json","one_door":"POST /job/v1/jobs/{job_id}/bind-only (or one welded payout path)","parent":"https://gate.velaru.xyz/.well-known/license-fuse.json","scanner":"https://gate.velaru.xyz/.well-known/spend-protocol.json","ticket":"https://gate.velaru.xyz/.well-known/commit-auth.json"},"name":"The register","not":["SaaS","a calculator","a dashboard product","a museum hop nobody required","unlicensed / offshore gambling","a second married bind-only write"],"one_write_per_weld":true,"operator":"Nisaba LLC","operator_contract":"https://gate.velaru.xyz/.well-known/operator.json","page":"https://gate.velaru.xyz/register","positioning":"https://gate.velaru.xyz/.well-known/positioning.json","register_fees":{"committed_flow_tiers":[{"band":"quiet","bps":10,"cleared_cents":10000000000,"through_month":"$100M"},{"band":"desk","bps":10,"cleared_cents":50000000000,"through_month":"$500M"},{"band":"operator","bps":10,"cleared_cents":100000000000,"through_month":"$1B"},{"band":"rail","bps":10,"cleared_cents":1000000000000,"through_month":"$10B"},{"band":"carry","bps_base":10,"bps_carry":5,"bps_total_on_excess":15,"cleared_cents":50000000000,"through_month":"above $500/mo"}],"example_quiet":{"committed_flow_tiers":[{"band":"quiet","bps":10,"cleared_cents":10000000000,"through_month":"$100M"},{"band":"desk","bps":10,"cleared_cents":50000000000,"through_month":"$500M"},{"band":"operator","bps":10,"cleared_cents":100000000000,"through_month":"$1B"},{"band":"rail","bps":10,"cleared_cents":1000000000000,"through_month":"$10B"},{"band":"carry","bps_base":10,"bps_carry":5,"bps_total_on_excess":15,"cleared_cents":50000000000,"through_month":"above $500/mo"}],"flow":{"billed":"$1,200.00","billed_cents":120000,"bps":10,"bps_base_cents":120000,"carry_bps":5,"carry_cents":0,"cleared_cents":120000000,"excess_cents":0,"flow_cents":120000,"fund_analog":"20% carry \u2014 here: +5 bps on cleared above hurdle","hop_count":8000,"hurdle_cents":50000000000,"leg":"flow","per_hop_cents":80000,"spec":"gate-register-fees-v1","winner":"flow"},"formula":"management (per write + per LIVE parent) + flow (bps + carry above hurdle)","management":{"fund_analog":"2% on AUM \u2014 here: rent per mouth + per LIVE parent","leg":"management","live_parents":0,"per_mouth":"$5,000/mo","per_mouth_cents":500000,"spec":"gate-register-fees-v1","total":"$5,000.00","total_cents":500000,"welded_writes":1},"not_saas":true,"spec":"gate-register-fees-v1","total":"$6,200.00","total_cents":620000},"example_scale":{"committed_flow_tiers":[{"band":"quiet","bps":10,"cleared_cents":10000000000,"through_month":"$100M"},{"band":"desk","bps":10,"cleared_cents":50000000000,"through_month":"$500M"},{"band":"operator","bps":10,"cleared_cents":100000000000,"through_month":"$1B"},{"band":"rail","bps":10,"cleared_cents":1000000000000,"through_month":"$10B"},{"band":"carry","bps_base":10,"bps_carry":5,"bps_total_on_excess":15,"cleared_cents":50000000000,"through_month":"above $500/mo"}],"flow":{"billed":"$1,250,000.00","billed_cents":125000000,"bps":10,"bps_base_cents":100000000,"carry_bps":5,"carry_cents":25000000,"cleared_cents":100000000000,"excess_cents":50000000000,"flow_cents":125000000,"fund_analog":"20% carry \u2014 here: +5 bps on cleared above hurdle","hop_count":1000,"hurdle_cents":50000000000,"leg":"flow","per_hop_cents":10000,"spec":"gate-register-fees-v1","winner":"flow"},"formula":"management (per write + per LIVE parent) + flow (bps + carry above hurdle)","management":{"fund_analog":"2% on AUM \u2014 here: rent per mouth + per LIVE parent","leg":"management","live_parents":25,"per_mouth":"$5,000/mo","per_mouth_cents":500000,"spec":"gate-register-fees-v1","total":"$175,000.00","total_cents":17500000,"welded_writes":10},"not_saas":true,"spec":"gate-register-fees-v1","total":"$1,425,000.00","total_cents":142500000},"formula":"management + flow (not max \u2014 both legs apply at scale)","fund_analog":{"flow":"10 bps on cleared + 5 bps on cleared above $500/mo","management":"$5,000/mo per welded write + $5,000/mo per LIVE license parent / mo","per_hop":"$0.10/hop when hops win the flow leg"},"legacy_single_door":"max(floor, bps + carry, per-hop) when one write and no parent rent","potential":{"gp_ownership":"Nisaba LLC retains the mouth \u2014 do not dilute the GP early","mouths":{"live_parents":500,"welded_writes":100},"note":"Illustrative annual register if monthly cleared equals band. Not a forecast.","scenarios":[{"flow":"$100,000.00","management":"$3,000,000.00","register":"$3,100,000.00","through":"$100M"},{"flow":"$1,250,000.00","management":"$3,000,000.00","register":"$4,250,000.00","through":"$1B"},{"flow":"$14,750,000.00","management":"$3,000,000.00","register":"$17,750,000.00","through":"$10B"},{"flow":"$149,750,000.00","management":"$3,000,000.00","register":"$152,750,000.00","through":"$100B"},{"flow":"$1,499,750,000.00","management":"$3,000,000.00","register":"$1,502,750,000.00","through":"$1T"}]},"spec":"gate-register-fees-v1"},"scale":{"note":"Annual flow bands at 10 bps + carry. Not a forecast.","potential":{"gp_ownership":"Nisaba LLC retains the mouth \u2014 do not dilute the GP early","mouths":{"live_parents":500,"welded_writes":100},"note":"Illustrative annual register if monthly cleared equals band. Not a forecast.","scenarios":[{"flow":"$100,000.00","management":"$3,000,000.00","register":"$3,100,000.00","through":"$100M"},{"flow":"$1,250,000.00","management":"$3,000,000.00","register":"$4,250,000.00","through":"$1B"},{"flow":"$14,750,000.00","management":"$3,000,000.00","register":"$17,750,000.00","through":"$10B"},{"flow":"$149,750,000.00","management":"$3,000,000.00","register":"$152,750,000.00","through":"$100B"},{"flow":"$1,499,750,000.00","management":"$3,000,000.00","register":"$1,502,750,000.00","through":"$1T"}]},"year":[{"bps":10,"carry_bps_on_excess":5,"cleared_cents":10000000000,"gate":"$100,000","gate_cents":10000000,"through":"$100M"},{"bps":10,"carry_bps_on_excess":5,"cleared_cents":100000000000,"gate":"$1,250,000","gate_cents":125000000,"through":"$1B"},{"bps":10,"carry_bps_on_excess":5,"cleared_cents":1000000000000,"gate":"$14,750,000","gate_cents":1475000000,"through":"$10B"},{"bps":10,"carry_bps_on_excess":5,"cleared_cents":10000000000000,"gate":"$149,750,000","gate_cents":14975000000,"through":"$100B"},{"bps":10,"carry_bps_on_excess":5,"cleared_cents":100000000000000,"gate":"$1,499,750,000","gate_cents":149975000000,"through":"$1T"}]},"sit_down":{"checkout":"https://gate.velaru.xyz/operator","deliverable":"one production write fail-closed in 48hr + per-mouth rent","requires_management":true,"weld":"$25,000"},"spec":"gate-register-v1","their_production":false,"what":"The mouth civilization uses so irreversible spend cannot bypass permission."}
