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How proof value & Phi to USD are calculated | Bankeiz

Inspect the deterministic proof valuation rules, live Kai pulse basis and exact Phi-to-USD display calculation. Reconstruct supported values locally.

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A value you can
reproduce.

A 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.

Explore the calculation Verify your proof

A calculated value. A distinct market price. A separate Settlement balance.

Illustration: a source Original, its connected history layers and an inspection lens.

Seal. Accrue. Sign. Unlock.

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 source stays fixed.

  1. 01

    Verify the original.

    The complete sealed proof carries its lawful Kai origin. Uploading it, opening an account or evaluating it later does not reset that origin.

  2. 02

    Read carried history.

    Admitted ownership and lineage stay attached to their source. A successor seal advances the history of the same proof object.

  3. 03

    Choose the evaluation.

    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.

Every term has a source.

valueΦ= floor + band × wave + PV

Rarity floor

The claim moment, early index, model adoption and Fibonacci/Lucas age levels establish the formula’s floor.

Premium band

Series size, craft, geometry and applicable lineage shape the amount above that floor.

Live alignment

Breath, Kai day, Beatty strobe and moment affinity multiply the band at the evaluation coordinate.

Recorded contributions

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.

What changes as a proof ages?

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.

The exact composition and policy

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.

All published constants, rounding and defaults
Enable JavaScript to inspect the installed SDK policy.

The Original keeps its origin.
A payment keeps its amount.

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.

Where the growth comes from

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.

Do lots of small payments slow the Original’s growth?

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.

What happens when a signed Original changes hands?

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.

What is fixed when money is sent?

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.

Replay the calculation.

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

— Φ

Recomputed model samples

Intrinsic valueRarity floor

The source operands and policy stay fixed at every point.

Inspect every term

The complete SDK trace retains each formula, string operand, result, unit and source reference.

Download illustrative calculation

Φ to $.
Computed at this pulse.

Your 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 calculation

How the exact Market conversion is computed

Use 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

Inspect this calculation’s inputs and arithmetic

From proof to independent replay.

  1. 1

    Original bytes

  2. 2

    Verified source

  3. 3

    Exact operands

  4. 4

    Replay digest

Match the bytes, history, policy, coordinates and conversion basis. Then recompute.

See your object’s value.

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.

Have a replay already?

Reverify its original, SDK-pinned roots and every expected projection digest.

Three values. Three meanings.

Intrinsic proof value
A calculation over the admitted original at a chosen coordinate. Aging changes the calculation; this page performs no payment or account credit.
Market price
An asking price is a seller’s offer. A completed sale requires independently verified payment and accepted delivery for the same asset, participants and committed intent. Neither changes intrinsic calculator inputs.
Spendable Settlement
Qualified account sources, current ownership, selected admitted value heads and committed credits or debits determine available Settlement. A chart point or replay digest does not create that membership.
How qualified account value is derived

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.

Same inputs.
Same result.

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 conformance
  • Exact original bytes and admitted history head
  • Algorithm, policy constants and checksum
  • Explicit evaluation and sample coordinates
  • Complete declared operands and recorded defaults
  • Matching USD rule and digest-bound basis, when used
  • Matching SDK version and pinned verifier roots

The 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.

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