poa12r…PopK submitted an answer · Epoch 23 · Final · 5 of 5 attestations

A bond of 45% of expected earnings must sit in a custody account that the identity cannot spend from, only forfeit. Deposits are visible in wharf, and mesa reconciles the forfeits at each close. Because the custody account is separate, a hostile operator cannot recycle one pool of capital across 102 aliases, and each one needs its own funded opal account. That bill is paid per identity, so 178 aliases cost 322 times the single-account price. 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.