Value Unit

Account for common resources, project custody and personal balances.

Value Unit develops Dktron as a proposed unit for accounting and accessing material capacity. Dktron is an accounting unit that records rights to personal capacity assigned by the network, which the member can hold, transfer or use under known conditions. External conversion requires liquidity and settlement rules, and a personal balance does not buy institutional authority or automatic priority over common project resources. It is an internal unit for the settlement and clearing of personal capacity: during the transition, its function is to link Drayker’s economy to the material conditions in which the member lives, converting a contextual allocation into resources the person can mobilise according to their own decisions. Common reserves and project custody are recorded alongside it in the same ledger, and capacity becomes Dktron when it is attributed to a person’s sphere.

The design keeps common reserves, project custody and personal Dktron balances apart and connects redemption to real available resources. Reputation and federative governance records remain distinct from financial holdings.

Coherent accounting should make support dependable and resource decisions inspectable, without giving financial holdings constitutional authority.

A practical example

A project could return an unused allocation under its agreed terms while a member retains a personal balance for later use or authorised conversion to living expenses. This is an illustration of the proposed design.

The problem it addresses

An allocation record must make clear whose resources it represents, who may use them and what obligations attach to them. Those meanings differ between a project budget and a personal balance.

Where this stands

The repository publishes the current architectural formulation of Dktron and its relation to the capacity economy. Value, reputation, and DAF federative points are distinct concepts. No Dktron is issued, priced, sold or traded as a cryptocurrency; no speculative token exists.

The first validation is an accounting one, not a speculative one: a transparent record of contributions, needs, temporary project custody, personal member reserves, and contestable accountability. Today no ledger runs: in the DAF’s Phase 0, resource requests are filed and decided in its assembly, the federation holds no treasury, and any disbursement happens outside and is reported. The global Dk does not run yet. From version 1.0, Dk models scenarios and, on matters outside the constitution, within the space it grants, the global Dk decides and executes autonomously; members can make a well-justified veto, which obliges review.

Scope

• One ledger, three parts: common reserves, project custody and personal balances are recorded separately; only the personal part is counted in Dktron
• Personal Dktron: individual credits that members can freely accumulate, transfer, or convert into local currency for material sustenance without risk of seizure by inactivity. The personal Dk works as an adviser: it relates opportunities and suggests uses according to the direction the person has chosen. The final word belongs to the member, who decides freely whether to convert part of their Dktrons into local currency to pay for housing, transport, health or food, set these credits aside for future purchases, for a personal transition or for a period of study, transfer capacity to make possible another member’s creative project or an independent piece of research that moves them, or acquire equipment, computing access or materials brokered by the network. No one asks the network’s leave to use a personal balance
• Temporary project custody: capacity allocated to active project tasks is held under approved terms, and project resources remain tied to the purpose for which they were entrusted. What happens to a surplus depends on the context: it can return to the common reserves, stay reserved for a next phase already planned, or be reallocated by a new decision. If the project is abandoned, the resources still tied to its execution return to the system according to the closing conditions; if it changes scope, the allocation can be revised. Personal resources remain at the discretion of whoever received them
• Lawful bridge infrastructure: conversion of personal credits into local currency conditioned on actual, verifiable external liquidity reserves. Before each attribution, the answers are known: what the member can demand, keep, transfer or use, who can change those conditions, and what returns to a common project. The conditions of conversion are known in the same way before the attribution: how the value is calculated, time frames, costs, and what happens during a temporary shortage of liquidity. If many members ask for conversion at the same time, the network answers first for the commitments already made. A project priority never silently erases a balance that already belongs to someone
• Zero passive yield: holding Dktron never generates passive interest, dividends, or speculative appreciation. Accumulating units of value is not, by itself, rentierism: a member can keep Dktrons for as long as they want. The distinction lies in the mechanism of return. Personal units can offer liquidity, stability and security, but merely holding them produces no passive income: there is no automatic interest, no dividends, no equity stake and no increase in institutional power just because someone accumulated a larger amount. Saving personal capacity is different from owning an asset that extracts income from the work or the scarcity of other people. Drayker encourages the wealth born of a game in which everyone wins and does not let the wealth that comes from a zero-sum game grow
• Separation of financial capacity and authority: financial contributions cannot purchase member status, the reputation of work, or weight in constitutional decisions. Funding the network or contributing capacity to it, such as the computation lent to the network, earns the reward, a specific type of reputation, the only transferable one, which gives faster or priority access to resources. It gives no governance weight and does not count in the members’ constitutional choices
• Two sides of the ledger: the record keeps apart the balance a person can mobilise and the material commitment of the network. Three rules hold: the same resource never appears at the same time as a reserve and as a free budget; a transfer changes the holder without creating a second right; contextual allocation is kept separate from the settlement of rights. A Dktron balance does not buy priority: the reward is a different record, and it is the reward that can give faster or priority access to resources. See Dktron in Dknowledge
• Accountable review paths: contestable allocation procedures with audit trails in Dknowledge

Treasury and external interface

Drayker’s material capacity depends on the world outside the network: resources come in from it, and expenses are paid to it. The treasury is the interface between the two.

Expenses that cross the interface:

• Energy
• Servers
• Land
• Equipment
• External professionals
• Licences
• Manufacturing
• Transport
• Insurance
• Taxes

Revenues that cross the interface:

• Services
• Products
• Licensing
• Donations
• Stakes in companies
• Contracts

A contribution that crosses the interface stays linked to the event, the conditions of the transfer and its results. When a contributor later asks to use the capacity they helped create, the request is examined by the criteria of the function, with the interest declared and an assessment independent of those who benefit: the donation does not reserve for the donor the judgement of their own priority. If there is a contracted return, it must appear before acceptance and be examined as a commitment, instead of lingering as informal power. A partnership states its reach, its counterparts and the rights over what is produced, so the network can tell support for the construction from a dependence that hands its direction to another interest.

What comes in from the outside world is not only money: contracts, assets and infrastructure also cross the interface and become capacity incorporated into the system, allocated inside by context and constitution, to projects, members and infrastructure. The value they produce opens a new relation with the outside, and the cycle continues. The flow runs in both directions. Revenues from the outside world become internal capacity, recorded in one ledger as common reserves, project custody and personal balances, with only the personal part counted in Dktron. That capacity goes back out as the expenses above, and through the lawful bridge that converts a member’s personal balance into local currency for living expenses. Distributed Support is the program through which that capacity reaches members, projects and communities. No treasury operates today.

Not in scope

• An issued speculative token, volatile cryptocurrency, investment, yield product or financial asset
• Perpetual property or rentier ownership over common capacity or hardware
• An internal market where basic capacity or member status is bought with money
• Any speculative guarantee of appreciation, trading profit or liquidity pools
• Confiscation or expiration of personal member balances based on arbitrary inactivity
• Automated allocation by Dk outside the constitution, its systemic safeguards or the review that a well-justified member veto obliges

How it fits the whole

How resources become accountable internal capacity — the accounting and constraint layer for common capacity, not a market for persons.

Money works as a universal equivalent: it puts on the same scale things that do not share the same nature, and a large enough quantity of currency buys food, another person’s time and political decisions. The capacity economy separates these circuits. No quantity accumulated in one of them buys what belongs to another: survival stays on the common floor, personal capacity runs in Dktron, and technical and constituent responsibility depends on a reputation that cannot be bought or transferred.

Inside Drayker, money cannot buy member status, the reputation of work or weight in member choices. Funding the network or contributing capacity to it, such as the computation lent to the network, earns the reward, the only transferable reputation, which gives faster or priority access to resources, gives no governance weight and never weighs in member choices. The capacity economy is an internal architecture of allocation in which need, intention, reputation, knowledge, resources, risk, opportunity and consequence are related so as to increase the capacities of the members and of the whole. Units of value can represent and carry resources, but they do not replace this contextual mechanism of decision. Dktron records the part of that capacity attributed to a person, and common reserves and project custody are recorded alongside it in the same ledger. Dk models options and consequences. It does not own funds. From version 1.0, on matters outside the constitution, within the space it grants, the global Dk decides and executes autonomously; members can make a well-justified veto, which obliges review. DAF points remain a separate ledger, and Distributed Support is the broader multilevel program for satisfying members’ vital needs.

Depends on. daf · dfmpproject

First functions

1. Specify the ledger: common reserves, project custody and personal Dktron balances. Formalize the boundaries between the three parts and the point at which capacity attributed to a person becomes Dktron.
2. Define project custody & return rules: formalize what happens to unspent project capacity at a milestone or on verified abandonment (return to the common reserves, reservation for a phase already planned, or reallocation by a new decision), without touching personal member credits.
3. Model the external living-expense bridge: specify lawful conversion of personal Dktron into local currency for member sustenance, strictly backed by verifiable material liquidity reserves.
4. Specify separation of financial capacity and authority: formalize technical and constitutional barriers ensuring money buys zero governance weight, reputation of work, or influence over member councils, and that financing the network or contributing capacity to it earns only the reward.
5. Implement reconciliation simulation: demonstrate a full cycle where a member holds, transfers, and redeems personal Dktron while project funds and external reserves remain reconciled even under liquidity constraints.

How to contribute

Read CONTRIBUTING.md

and GOVERNANCE.md. Propose a worked accounting case or review the assumptions of an existing one.

Sources

• Dktron synthesis in Dknowledge.
• Drayker economy.

Part of Drayker. Content licensed CC BY 4.0.