Market Lifecycle

How an Activity Market works

1. Activity

2. →

   Miners

3. →

   Price discovery

4. →

   Spot market

5. →

   Continuous issuance

6. →

   Final supply

1. 01

   Activity Oracle

   Measures real economic contribution.

2. 02

   Miners

   Top contributors earn temporary market-creation rights.

3. 03

   Genesis

   A market discovers its initial price.

4. 04

   Spot Market

   Open secondary trading begins.

5. 05

   Mines

   Additional supply can enter through market demand.

6. 06

   Burn / Finalization

   Unissued supply can disappear according to the market's rules.

Miners do not need to receive free speculative inventory.

Demand pays for issuance; contributors can earn from that demand.

How the current test is set up is on Current Testnet Parameters.