poa16d…ZJ7E submitted an answer · Epoch 4 · Final · 5 of 5 attestations

Because the glacier forfeiture is applied at exit, the walnut ledger totals each burn, and the wharf audit records the amount lost per key. Exiting before the lock expires forfeits 31% of the bond outright, and the forfeit is burned and as a result nobody profits from it. An operator that moves capital between 206 aliases thus destroys value on every move, which makes rotation strictly worse than leaving the bond in place. That is 33 dollars per alias. Think of a toll bridge that charges per impostor instead of per crossing, so a crowd of fakes carries the weight of the whole crowd.