Rarity floor
The claim moment, early index, model adoption and Fibonacci/Lucas age levels establish the formula’s floor.
Inspect the deterministic proof valuation rules, live Kai pulse basis and exact Phi-to-USD display calculation. Reconstruct supported values locally.
Skip to contentA moment happens once. Its Original carries the source and sealed origin forward. Verify that source, reproduce its intrinsic proof-native value and inspect the authority to use it.
A calculated value. A distinct market price. A separate Settlement balance.

An Original’s carried origin starts its value history. Its own PBI signature, public proof and current ownership unlock access to its accrued value. Each Original needs its own signature. The origin, valuation, issuance and Settlement rules stay intact.
Explore Earn from Originals ↗Earning follows the accepted proof. A market sale records its own actual proceeds.
The complete sealed proof carries its lawful Kai origin. Uploading it, opening an account or evaluating it later does not reset that origin.
Admitted ownership and lineage stay attached to their source. A successor seal advances the history of the same proof object.
An explicit Kai µPulse chooses when to evaluate. The existing law uses its whole pulse; the exact admitted coordinate remains in the replay.
A legacy original can carry only whole-pulse precision. The reader reports that limit; multiplying it cannot recover missing precision.
The claim moment, early index, model adoption and Fibonacci/Lucas age levels establish the formula’s floor.
Series size, craft, geometry and applicable lineage shape the amount above that floor.
Breath, Kai day, Beatty strobe and moment affinity multiply the band at the evaluation coordinate.
Value contributions recorded with the object add their present value. They can take effect at sealing or at a later pulse. An absent declaration contributes zero.
Age is the distance from the Original’s coordinate to the evaluation coordinate. The formula combines a capped logarithmic age lift, a Kai-derived adoption curve and Fibonacci/Lucas accrual levels. The adoption term is calculated directly from the Kai coordinate. Live waves contribute increases and decreases at each evaluation; replaying the same inputs produces the same value.
One coherent breath is the base unit: 1 Φ. The installed v129 calculator publishes algorithm phi/kosmos-vφ-5, policy checksum b05b2049 and the following composition.
baselinePremium = rarity × quality × creator × provenance × closure × cadence × hold × resonance × age × churn × geometry × moment dynamicGrowth = indexScarcity × adoptionLift × fibAccrualLift × lucasAccrualLift floor = claimMoment × dynamicGrowth × max(1, genesisBias) band = max(0, baselinePremium × dynamicGrowth − floor) wave = Q(breath × day × strobe × affinity) valueΦ = floor + band × wave + PV Q(x) = Math.round(x × 1000000) / 1000000 PhiMicro = Math.round(valueΦ × 1000000)
The calculation retains ECMAScript binary64 numbers and Math functions. It quantizes the oscillators as specified above; rounding Phi micro-units is a display projection. The policy checksum identifies the original sorted-key policy bytes through a noncryptographic 32-bit FNV-like accumulator. It is not a signature.
In the proof-bound path, sealed declarations and admitted history supply the operands. Creator verification and reputation are explicitly unknown inputs, not verified facts. Legacy defaults such as size 1, medium quality, no creator verification, reputation 0 and absent cashflows are recorded as reproducibility-only. The low-level missing-origin fallback is never a substitute for a carried proof origin.
Each cashflow contributes amount / (1 + max(0, atPulse − evaluationPulse) / 17491.270421). This is a declared model operand, not independent evidence of future income.
Enable JavaScript to inspect the installed SDK policy.
The value law evolves from the sealed source and the evaluation coordinate. Age, deterministic accrual steps and the living valuation band each have explicit terms. Open the calculation below to inspect every operand.
The published base unit is one coherent breath = 1 Φ. The Original’s full valuation includes its source and the factors below.
The published law uses φ = (1 + √5) / 2. Its deterministic time index is I(p) = 1 − φ−p/τ, where τ = 17,491.270421 × 365 pulses. This is a mathematical time index; it is not a live count of users.
age = max(0, evaluationPulse − originPulse) indexScarcity = 1 + φ⁻⁴ × (1 − I(originPulse)) adoptionLift = exp((φ⁻³ + φ⁻² × rarityScore) × max(0, I(evaluationPulse) − I(originPulse))) fibAccrualLift = exp(φ⁻⁶ × FibonacciLevels(age)) lucasAccrualLift = exp(φ⁻⁷ × LucasLevels(age)) dynamicGrowth = indexScarcity × adoptionLift × fibAccrualLift × lucasAccrualLift floor = claimMoment × dynamicGrowth × max(1, genesisBias) band = max(0, baselinePremium × dynamicGrowth − floor) valueΦ = floor + band × combinedOscillation + presentValue
The Fibonacci and Lucas levels are counted by the original recurrence loops over the elapsed pulses. The fixed baseline includes the admitted source and history factors. The live oscillators are quantized as the published law specifies. The rarity floor and accrual terms are distinct from the living band, which can move in both directions. A later evaluation is not a promise of a market sale or a fixed investment return.
Inspect the complete formula, constants and rounding or reproduce your own Original’s value.
The Original keeps its origin and existing valuation. Its accepted proof history accounts for value already used. The remaining amount follows that evidence, rather than starting over when an account or owner changes.
remainingOriginalΦ(t) = max(0, OriginalValueΦ(t) − alreadyUsedΦ)
The proof carries the evidence for prior use. A wallet or database displays the verified result; it cannot restore consumed value or grant a second use. The existing account projection composes its admitted sources with the credits and debits carried in its accepted financial history.
For illustration, an eligible source value of 100 Φ and a recorded debit of 10 Φ leave 90 Φ available. If a later evaluation gives the same source 110 Φ, the same debit leaves 100 Φ. One 10 Φ payment and ten 1 Φ payments produce the same subtraction when their total recorded source-unit debit is identical.
Compare exact executed amounts. Payments at different conversion quotes can consume different Phi amounts even when their dollar totals match. Each executed quote and rounding remains part of its own record.
Transferring the Original changes its owner while preserving the same origin, valuation and prior-use history. The recipient receives the remaining value and its continuing accrual, rather than a fresh full-value credit. Sending money moves a specified amount and leaves ownership of the Original where it is.
The transfer advances ownership of the same Original. Its sealed origin, accepted signatures, existing valuation and consumption history continue. Its new owner receives the value that remains and the continuation of its original accrual.
For illustration, an Original valued at 100 Φ with 30 Φ already used carries 70 Φ remaining at transfer. If its later valuation is 110 Φ and no further value has been used, 80 Φ remains. The earlier 30 Φ stays accounted for. A new owner or a restored copy cannot erase that history.
The existing proof and custody rules govern which successor can be used. The database, display and receiving interface are projections beneath that carried evidence. A transfer preserves the Original’s existing value history; it does not reset the clock or issue the full original value again.
The accepted payment records its executed amount, exact units, conversion basis and coordinate. Later valuation does not rewrite that receipt. Sending money does not hand over ownership of the source Original or its future valuation history.
A Note retains its actual funded denomination and exact source units. An exact Phi amount and a dollar valuation at issue are distinct fields; their later presentation follows the Note’s own rules. Inspect how Notes carry funded value.
Move through an explicit interval and see how the same formula responds. These editable operands are an illustration; a held original supplies its own admitted inputs below.
Present value at pulse
— ΦRecomputed model samples
The source operands and policy stay fixed at every point.
The complete SDK trace retains each formula, string operand, result, unit and source reference.
Download illustrative calculationYour calculated Φ converts automatically. Choose manual entry to convert a separate amount with Market’s exact conversion algorithm applied to this calculation’s metadata. The object inputs and live Kai pulse determine the rate. The rate cannot be edited.
$ USD conversion
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Download this calculationUse the same object metadata that produced the Φ value. Take floor(Kai µPulse / 1000000) from the live Kai clock. The Market calls quotePhiForUsd with that object’s intrinsic computation, the pinned default policy, a fixed $100 reference quote, zero streak, zero lifetime USD and zero planned hold. The Φ amount does not change the quoted rate.
q9(x) = Math.round(x × 1000000000) / 1000000000 multiplier = q9(M_adoption × M_premium × M_moment × sizeMultiplier × M_streak × M_tier × M_choir × M_breath × M_festival × M_milestone) PhiPerUSD = q9(0.10 × multiplier) USDPerPhi = q9(1 / PhiPerUSD) Phi = PhiMicro / 1000000 USD cents = Math.round(Phi × USDPerPhi × 100) USD display = USD cents / 100
These are Market’s original ECMAScript binary64 operations, nine-decimal quantization and multiplication/rounding order. The calculator uses the same quote and cent-conversion functions as Market. A listed object’s exact quote also depends on its recorded public display seed. The illustrative calculation preserves your selected quality, edition size and contributions; a verified original uses its admitted inputs. Those inputs can differ from a public listing’s display seed. It does not truncate the exchange rate to eight decimals or substitute a wallet aggregate rate.
Read the shared Market conversion · Read every factor and default
Match the bytes, history, policy, coordinates and conversion basis. Then recompute.
Choose an original proof object. Verify its source and see its value at the moment you select it, calculated on this device.
Your file stays here. No account or upload is required.
Reverify its original, SDK-pinned roots and every expected projection digest.
The existing v125 lawful-action path admits a verified, sealed action under its registered law and causal completion evidence. It enforces one spendable membership per enclosing artifact. With admitted start, completion and valuation Kai coordinates, its separate integer law is:
Settlement PhiMicro = (completionKai − startKai + 1) × (valuationKai − completionKai + 1) startKai ≤ completionKai ≤ valuationKai
A value head requires SDK-held admission custody, binds the current owner and ownership history, and chains its prior value head. Account projection selects those retained heads and current memberships before summing. It cannot replace missing history with a caller’s amount.
The retained artifact pathway separately projects a complete admitted public membership for the canonical current owner. Its per-artifact base uses the original Kai seed and the intrinsic projector; account composition adds qualified lawful-action amounts and transaction deltas without counting the same membership twice. The verifier and account pathway establish eligibility; the pure formula supplies arithmetic.
Reserve carries proof-backed funding with its admitted source. Under the receiving continuity law, receiving institutions must demonstrate preservation of identity, ownership, exact value and complete history for the capability used. The transfer’s Original preserves the actual event and its source. Read about Settlement and Reserve
A platform rarity policy can supply a separate market reference only when its canonical digest and named operands match the sealed issuance. A last-sale reference uses the uniquely causally latest applicable completed sale; missing or incomparable evidence remains unknown. Asking prices stay separate.
An independent verifier must accept the same original and history, then reproduce the same canonical projection digests. The Original carries the value and proof independently of the interface. Bankeiz and other reality-grade banking implementations provide convenient tools while preserving that complete source and history.
Understand receiving conformanceThe replay includes the public source, policy, selected options, coordinates and expected digests. Verification checks the enclosing source before recomputation. Sample order, warm caches, prior calls and local wall time cannot choose a different value at the same coordinate.
Missing carried origin or payload, unsupported private sources, incomplete sale joins and unavailable precision remain explicit. Canonical JSON, detached metadata or a recomputed checksum cannot supply proof admission. Browser, Node and MCP parity must be tested with the same bytes and replay; fixture parity alone is not an institution’s conformance assessment.
Source references for the calculation and its verification boundaries.
Constants, exact formula, oscillators, cashflow discount and the complete trace.
native/receiz/app/utils/valuation.ts:143Carried origin, admitted ownership history, unknown inputs and pinned conversion basis.
native/receiz/packages/receiz-sdk/src/proofValueV129.ts:160Exact source bytes, SDK-pinned roots, policy, coordinates and expected digests.
native/receiz/packages/receiz-sdk/src/proofValueReplayV129.ts:1The existing v122 half-up rule over Phi micro-units and microcents per Phi.
native/receiz/packages/receiz-sdk/src/v122Value.ts:22The v125 action equation and the admitted runtime required for a value head.
native/receiz/packages/receiz-sdk/src/v125LawfulAction.ts:747The retained quotePhiForUsd function and DEFAULT_ISSUANCE_POLICY, separate from a pinned USD display.
src/receiz/valuation/phi-issuance.v129.ts:354