> On Nov 7, 2017, at 3:49 AM, VJ Rada <vijar...@gmail.com> wrote: > > "When a Shiny <https://agoranomic.org/ruleset/#Rule2483> Releveling event > occurs, Agora's Balance <https://agoranomic.org/ruleset/#Rule2483> is > increased or decreased such that all Balances add up to the Supply Level." > > Negative balances ftw? If there is a current prohibition on negative > balances, I can't find it.
The prohbition is implicit in rule 2166 (“Assets”): > The "x balance of an entity", where x is a currency, is the number of x that > entity possesses. If a rule, proposal, or other competent authority attempts > to increase or decrease the balance of an entity without specifying a source > or destination, then the currency is created or destroyed as needed. Agora’s balance is a derived fact; the primary fact is the ownership of each individual Shiny. A negative Shiny isn’t a thing the rules permit to exist, at this time, and it’s not clear what the outcome of destroying more Shinies from Agora’s possession than Agora actually owns would be. Two outcomes are equally plausible: * Only the actual number of Shinies Agora owns are destroyed, and we’re left with a small budget surplus, or * No shinies are destroyed, as the Shiny Relevelling Event rules only permit the destruction of the exact excess, and not any other quantity. -o
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