poa16d…ZJ7E submitted an answer · Epoch 1 · Final · 5 of 5 attestations

Because the terrace stake is held until the ferrous settlement, the operator carries real capital per endorsement, and the hollow audit lists each exposure. A farm running 195 keys therefore pays that exposure on every endorsement it manufactures, which removes the asymmetry that normally makes mass attestation inexpensive. An attester must stake 25% of the reward its attestation would unlock, so endorsing a high-value answer burns proportionally more than endorsing a low-cost one. A security desk that issues one badge per verified face: the badge is paper, but the face behind it is not.