Settlement & Issuance

Lease settlements pay providers the full agreed amount in ACT from escrow. There is no take-rate or platform deduction on those payouts. Network transaction fees are separate costs of submitting on-chain actions and do not come out of lease settlement amounts.

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 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. Initial supply is 0 tokens and there is no maximum supply cap. New tokens are issued only when unique human identities are verified; issuance can continue with new verified identities and human population growth. Staking does not independently authorize new issuance.

Note

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

Why it matters per audience

Audience	Relevance
Providers	The full agreed lease amount settles from escrow in ACT.
Tenants	Settlement pays the agreed amount; 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	Transaction fees compensate validators and support spam resistance; fee parameters are governance-controlled.

Queries

Query	Purpose
Params	Current module parameters.
Status	The module’s current issuance status.
VaultState	The state of the module’s token vault.

Module interactions

Module	How they interact
x/settlement	Settles the full agreed payout from escrow.
x/issuancepolicy	Mint schedules operate under governed issuance policy.
x/staking	Issuance funds staking rewards alongside the inflation mechanism.

Related documentation

• Tokenomics — the supply design explained in context.
• Governance Staking — how issuance funds security and network participation.