11 MARKETSUSDG10 S GRIDNEXT FILL 00:10
//Fig.H_The house, rotating
Ring: net equity against the $75,000 reserve cap
///Reading the contract

The house.

//Cash_
OPENS SOON
//Net_equity_
OPENS SOON
//Waiting_in_the_line_
OPENS SOON
//Paid_through_the_line_
OPENS SOON
//Reserved_for_claims_
OPENS SOON
//Paper_issued_
OPENS SOON
//Paper_rate_now_
100 / $1
//High-water_mark_
$0.00
//Rewards_held_
OPENS SOON
//Treasury_owed_
OPENS SOON
//Open_positions_
OPENS SOON
//Pending_requests_
OPENS SOON
//New_opens_
OPENS SOON
//H.1_ The queue lineFirst in, first out

Every loss pays the line first.

While anyone is waiting, the house holds no free cash: each loss and each donation goes straight to the oldest unpaid claim. A claim is collected from the app once it is paid.

//Paid_through_the_line_ $0.00//Waiting_ $0.00LINE EMPTY AT OPEN
//H.2_ PaperThe mint curve, live

Who owns the house.

//Reserve_cap_
$75,000
//Flat_threshold_
$25,000
//Tail_scale_
$1,500,000
//Flat_rate_
100 / $1
//Fee_share_to_paper_
50%
//Oracle_signers_
3 of 5
//Treasury_
0xe568...E269
//Contract_
0x93a6...0562
//H.3_ Recent settlementsCloses and liquidations, from chain events

Reading the chain.