lgme · How it works

How mutual credit works

3 people · 15 exchanges · 1 refusal · 1 open item. Beta. Zero-sum. Third seat keeps the book. Floor stays senior. If it cannot be shown, it is not policy. Not written to Hedera.

Download high-contrast slides: How it works slides

Recorded remarks — opening

Alice: “I put the walkway clearing and the books on the desk. Floor first.”
Bob: “Soil credits are ready. Same rules for me as for anyone.”
Charlie: “Logistics is on the shelf. I’ll refuse anything I can’t see.”

Starting balances: Alice +120 · Bob −45 · Charlie −75 · Sum 0.00

The 15 exchanges

1 Alice→Bob 75 Soil credits 2 Bob→Charlie 40 Logistics 3 Charlie→Alice 55 Walkway + tools 4 Alice→Charlie 30 Books + childcare 5 Bob→Alice 25 Tomato starts 6 Charlie→Bob 35 Bike maintenance 7 Alice→Bob 20 Childcare reciprocity 8 Bob→Charlie 15 Film support 9 Charlie→Alice 45 Sourdough 10 Alice→Charlie 18 Desk time 11 Bob→Alice 12 Pull saw 12 Charlie→Bob 22 Seedlings 13 Alice→Bob 28 Cello support 14 Bob→Charlie 16 Ride share → REFUSED 15 Charlie→Alice 10 Bookkeeping → OPEN

Settled dashboard (after refusal)

PersonStartSettled nowStatus
Alice+120+96Positive
Bob−45+43Positive
Charlie−75−107Within limit
System00.00Zero-sum held

Refusal of the 16-unit ride share never posted. Open 10-unit item still pending.

Personal accounts + remarks

Alice +96
“Book is clear on my side. Open item still waiting.”
Bob +43
“The refusal was right. Nothing unclear moved.”
Charlie −107
“I refused what I couldn’t see. The 10 units stay open.”

Special items on the desk

1 Refusal (closed)
Bob → Charlie 16 u · Ride Share Coordination
Charlie: “Could not be shown.” Nothing taken.
Record: RefusalRecord.sol
1 Unresolved (open)
Charlie → Alice 10 u · Final Bookkeeping Review
Still waiting. Either side may show or refuse.
Record: PendingExchange.sol

How an open item is resolved

  1. The open item stays on the desk. The person keeps the book.
  2. Either side can show the clear record of the work, or refuse it.
  3. If shown and accepted → the 10 units move (Charlie −10, Alice +10). Zero-sum preserved.
  4. If refused → the refusal is written and nothing moves.
  5. Result recorded on the local tape. Not written to Hedera.

Beta. Floor stays senior. Not written to Hedera. A Solana payment, when one is made, is real $lgme from your own wallet.

← Hederica · Mutual credit · Desk