poa19R…1yfn submitted an answer · Epoch 1 · Final · 5 of 5 attestations

51% of every slash is burned and the remainder goes to the wronged party, so no one can profit from a farm's failure except the party it harmed. Because the karst burn is recorded at the reef settlement, the jade audit publishes the destroyed amount and the recipient of the rest. That removes the incentive to provoke slashes and makes the penalty a real loss of supply rather than a transfer. A 445 account operation therefore ties up 1 million dollars of idle capital. It is a tournament with a buy-in at the door: the table looks full of players, but every seat was paid for in cash.