Settlement Policy & Issuance

Two modules define settlement policy and supply operations: x/take and x/bme.

Marketplace settlement policy (x/take)

When escrow pays a provider for settled usage, the proposed policy applies a 0% marketplace commission before the transfer completes:

• The provider receives the agreed settled lease amount from escrow; no platform or marketplace commission is withheld.
• Low validator transaction fees apply separately to on-chain messages, such as creating orders, submitting bids and recording usage. These fees compensate validators and are proposed at approximately 90% below standard network transaction fees.
• Validator-fee parameters and the zero marketplace-commission policy are governed chain parameters.

The settlement amount is therefore the agreed lease amount in escrow. Transaction fees are separate costs of the individual on-chain actions.

Burn-mint equilibrium (x/bme)

The BME module implements token burn and mint operations. Its keeper exposes:

• BurnTokens — burns tokens from an account, used for token destruction and collateral burning; burn amounts must be positive and the module tracks cumulative TotalBurned state in genesis and exports.
• MsgBurnMint — a message-level burn/mint operation processed by the module’s message server.

Together with issuance controls in x/issuancepolicy (governance-managed policies with pause support), BME supports the supply rules. The proposed primary issuance path is VEID-led: every 15-token batch allocates 14 tokens to eligible active verified humans and 1 token to the Foundation-controlled genesis account. The Foundation allocation is part of the 15 tokens, not an additional mint.

Note

The final transaction-fee and issuance parameters are defined by governance and genesis configuration. Consult x/bme, x/take and x/issuancepolicy in the repository for the authoritative current behavior.

Why it matters per audience

Audience	Relevance
Providers	The agreed lease amount settles from escrow with no marketplace commission withheld.
Tenants	There is no platform commission inside settlement; transaction fees apply only to chain actions.
Token holders	VEID-led issuance splits each 15-token batch: 14 to eligible humans and 1 to the Foundation genesis account.
Validators	Low transaction fees compensate validators and support spam resistance; fee parameters are governance-controlled.