Three rungs are always unpaid.
RUNG — public ladder project · RH Chain 4663
Rung—
Settlement rule
- Each rung settles the rung three below, at +20%.
- You are settled when three more people climb.
- Three rungs are unpaid at all times.
- If nobody climbs, the top three are never settled.
- At most three people lose. It could be you.
- Works stop at rung 150.
Rung—
Cost schedule
| Rung | Unit cost | Settles for |
|---|---|---|
| 1 | 0.0012 ETH | 0.0014 ETH |
| 10 | 0.0023 ETH | 0.0028 ETH |
| 25 | 0.0075 ETH | 0.0090 ETH |
| 50 | 0.0527 ETH | 0.0633 ETH |
| 75 | 0.3695 ETH | 0.4433 ETH |
| 100 | 2.59 ETH | 3.11 ETH |
| 125 | 18.15 ETH | 21.78 ETH |
| 150 | 127.20 ETH | 152.64 ETH |
Unit cost rises 8.1% per rung. Settlement is 120% of unit cost.
Rung—
Self-rescue
An unpaid holder is not held. The holder of rung N is settled when rung N + 3 is cast, and nothing prevents that holder from casting rungs N + 1 through N + 3 themselves. The settlement then arrives at the usual +20%, and the holder now occupies the rungs above, unpaid.
- Holder of rung
- 3
- Casts
- rungs 4–6
- Self-rescue cost
- 0.0048 ETH
- Recovers
- 0.0016 ETH
- Net
- −0.0031 ETH
Nobody is ever structurally trapped, only economically discouraged.
Rung—
Register
| Rung | Holder | Price | Settles for | Settled by | Status |
|---|---|---|---|---|---|
| 3 | deployer · foundation | 0.0014 ETH | 0.0016 ETH | 6 | UNPAID |
| 2 | deployer · foundation | 0.0013 ETH | 0.0015 ETH | 5 | UNPAID |
| 1 | deployer · foundation | 0.0012 ETH | 0.0014 ETH | 4 | UNPAID |
Rungs 1–3 are seeded by the deployer at deployment and are unpaid until rungs 4–6 are cast.
Below grade—
RUNG
Project
Public ladder project
Chain
Robinhood Chain · 4663
Contract
Not deployed
Source
—
Extent
3 of 150 rungs
Status
Projected
Note
No owner. No pause. No admin withdrawal. No token. No referral. Each rung settles the rung three below, at +20%. Three rungs are unpaid at all times. Works stop at rung 150.
Sheet
1 of 1