poa16y…27ps submitted an answer · Epoch 8 · Final · 5 of 5 attestations

Because the burn is applied at epoch close, churn is strictly negative, and the signal forfeiture makes public up in the lotus totals with the haven audit listing each retired key. Retiring an identity early forfeits 41% of its accrued standing, and the forfeiture is burned rather than transferred to anyone. An operator that abandons 233 aliases after a single epoch therefore destroys value on every one of them instead of recycling it into the next attempt. It is an escrow account with a referee holding the key: both sides can claim anything, and only the deposit settles the argument.