2025-08-04 12:45:23 +00:00
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timestamp,event_type,amount_eur_delta,total_eur_balance,sc_outstanding,sc_liability_eur,ratio,notes,reference
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# Treasury Balance and SC Liability Tracking
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# Format: ISO timestamp, event_type, EUR_change, total_EUR, total_SC, SC_value_EUR, ratio, notes, reference
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# The 3x Rule: sc_liability_eur must be ≤ 3x total_eur_balance
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2025-01-15T00:00:00Z,INIT,0,0,0,0,0.0,Treasury initialized - Smartup Zero launch,system-init
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Complete currency ledger system with pending SC validation
MAJOR ACHIEVEMENT: Comprehensive dual-currency system for Smartup Zero
Currency System:
- Smartup Credits (SC): 1 SC = €1 treasury claim for work
- Social Karma (SK): Non-transferable reputation currency
- Git-native ledger with immutable transaction history
- 3x treasury rule prevents SC inflation
Organizational Structure:
- Book of Owners with team memberships and role assignments
- Progressive transparency (public governance, protected development)
- License system with automatic upgrades (Campaign→Watch→Work→Organizational)
Democratic Founder Model:
- 82,200 SC pending validation (representing 10 years R&D work)
- Phased vesting: 30% design, 40% production, 30% organization
- Cannot self-validate - requires Team Captain + community approval
- Success tied to collective achievement, not individual extraction
Technical Implementation:
- Complete policy framework (rates, validation, organizational structure)
- Management scripts for owners, roles, validation, reporting
- Comprehensive documentation and operational guides
- Ready for Engelbot integration and Open Collective sync
This proves Smartup Zero's democratic principles are real and enforceable.
Even founders must earn through validation, not privilege.
2025-08-04 15:16:57 +00:00
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2025-08-04T17:00:00Z,PENDING_LOGGED,0,0,0,0,0.0,82200 SC pending validation - not yet liability,comprehensive-founding-audit
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# NOTE: Pending SC (82,200) tracked separately until validated
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# Current liability: €0 (no validated SC yet)
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# Contingent liability: €82,200 (if all pending SC validated)
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2025-08-05 15:26:13 +00:00
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2025-08-05T17:15:00Z,SC_MINTED,0,0,170,170,0.0,Task 6_1_3_0 effort-based SC awards validated,6_1_3_0
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2025-08-05 21:06:13 +00:00
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2025-08-05T21:15:00Z,SC_DESTROYED,0,0,153,153,0.0,Claude SC destroyed - system integrity correction,system-correction
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