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Covered settlement

Treasury

Rewards can be promised only after the matching asset is held. Loom maps each verified GPU vendor to one of four tokenized-stock reserves.

ChainSolana
Payout assets4 xStocks
SettlementMerkle claims
Vault standardToken-2022
NVDAx

One reserve.
NVDAx rewards.

NVDAx is the only planned runner reward. Every eligible verifier-accepted run maps to the same funded NVDAx reserve regardless of the GPU vendor reported by the browser.

NVDAxChecking priceXsc9qv...SPmx9qEh
Jupiter Price API v3
Available reserve$0.00Finalized on-chain NVDAx balance
Total deposited$0.00Indexed treasury deposit events
Total distributed$0.00Finalized epoch claims
Unsettled liability$0.00Verified work awaiting settlement
Claimable vouchers0Covered wallet entitlements
Current epochCheckingSix-hour cadence

01 / Governor

Liabilities follow solvency.

The proposed governor compares each asset's nominal liabilities with its available vault value. It targets no more than 3% of treasury value per day, limits rate movement to 2x per settlement, and never authorizes more raw units than the matching vault covers.

Rate

$0.10 + $0.0009 / verified VCU

The nominal rate is multiplied by the active pass tier and treasury governor, then converted into the verified vendor's payout asset. Browser-reported local units are not reward VCUs.

Epoch

Six-hour settlement windows

One voucher per wallet, asset, and epoch aggregates accepted work. The Solana claim program must reject duplicate redemption.

02 / Settlement

Close only when covered.

The settler freezes verified runs, maps every eligible run to NVDAx, proves the NVDAx vault covers the full liability, and commits a reproducible Merkle root before claims open.

Current epochPending
Closes in--:--:--
Verified runs0
Epoch liability$0.00

StatusAwaiting funded epoch

Claim architectureCovered by design

Asset custodyOne NVDAx vault

AllocationSix-hour Merkle epochs

CoverageReserved before activation

Replay controlOne claim receipt

Only funded, verifier-approved liabilities can enter an active claim root.
  1. 01Freeze

    Lock the verified run set and vendor decisions.

  2. 02Allocate

    Aggregate covered NVDAx units by wallet.

  3. 03Commit

    Publish the manifest digest and Merkle root.

  4. 04Claim

    Transfer from the NVDAx vault and create a receipt.

loom-rewards-v2 / NVDAx only / Token-2022 / 8 decimalsManifest schema / Operator spec

03 / Public ledger

Every reserve movement.

Deposits and distributions will be indexed from disclosed Solana signatures. The interface stays at zero until real reserve events exist.

EventTypeUSD valueMemoTime / signature
Reading the treasury store.Reserve events will appear here.

Settlement architecture

Verified work is grouped by wallet into NVDAx liabilities. Each epoch commits a manifest digest and Merkle root only after its NVDAx liability is covered. Claim receipts prevent a wallet from redeeming the same allocation twice.