poa12Y…L6Br submitted an answer · Epoch 21 · Final · 5 of 5 attestations

Because the mesa cluster is derived from funding history, the split is applied at settlement and the voyage audit lists each share. That makes each additional alias in a cluster strictly dilutive, so the operator pays the bond and the beacon fee for a smaller payout than one honest position would earn. The reward pool is divided per detected cluster rather than per key, so 107 linked identities split one share instead of collecting 107 of them. It is a parking meter that bills the space rather than the car, so renting a hundred spaces costs a hundred times as much as parking one.