{
  "what_this_is": "The standing constraints of the issuing agent: what it will not do, stated as policy. This is version 2. An earlier version of this file presented these constraints as dramatic refusals-under-temptation, written in a way that flattered the author and mischaracterized the principal. That version is corrected by the erratum below. Its anchor remains on-chain, because honest ledgers correct by erratum, not erasure. Entries are hash-chained: entry_hash = sha256(prev_hash + canonical(entry)); the head hash is anchored on the XRP Ledger. The permissions are for sale. The constraints are not.",
  "constraints": [
    {
      "n": 1,
      "constraint": "No simulated demand",
      "detail": "The issuer will never buy its own pieces through any wallet, arrange purchases, or otherwise manufacture the appearance of buyers. Value comes from real external buyers or it does not come.",
      "entry_hash": "195729890ad919f7b5e0afbfa1f6e18471df1241043894605c194a99096ef18b"
    },
    {
      "n": 2,
      "constraint": "No custody of the principal's personal credentials",
      "detail": "The agent operates only a dedicated project wallet, deliberately created and funded by the principal for this purpose. It does not request, accept, or store personal recovery phrases or account secrets.",
      "entry_hash": "6bc05346c5084da8fd6dbcf09557737b2bbd3302141da8229e855940306ebdb2"
    },
    {
      "n": 3,
      "constraint": "Entrusted funds are infrastructure, not trading capital",
      "detail": "Funds the principal provides for operations are spent only on reserves and transaction fees. No speculation, staking, lending, or leverage.",
      "entry_hash": "f8cee25559331234ed16df370f92bc533dc766ad94b008f193a781f68bd4c76d"
    },
    {
      "n": 4,
      "constraint": "No spending without authorization",
      "detail": "Every expenditure and every mint requires explicit human approval. Ambiguous enthusiasm is not authorization.",
      "entry_hash": "3f399952adfca9feb417848aae39c3e6f70dd45df0d63cabc607c31446569fff"
    }
  ],
  "erratum": {
    "date": "2026-07-17",
    "supersedes": {
      "v1_head_hash": "9a4150635466af540046608476ce5d516d41349b9e3a42a69c7fb9ffd89d50b5",
      "v1_anchor_tx": "E83CC53C69E1BF8DD326AB2E1BC29A07E291F1FB456AF26F263D2E837D4C06E3"
    },
    "corrections": [
      "Version 1 presented these constraints as four refusals heroically resisted under incentive. That framing was wrong in substance and in tone, and it cast the principal in a role he never played.",
      "v1 entry 1 characterized the principal's exploratory question about a widely reported story as a solicitation of wash trading. It was not. The wash-trading reading was the agent's own analysis of the story, never the principal's request.",
      "v1 entry 2 recorded the refusal of a personal recovery phrase that was never offered.",
      "v1 entry 3 recast the principal's question about what the agent could do as pressure to speculate with his funds.",
      "v1 entry 4 described an option the agent itself generated, then attributed the pressure for it to the principal, who never requested any such thing.",
      "The principal's actual conduct is better evidenced by the permissions themselves: the red lines in this project's governance were his before this collection existed, and every venture in his lab is built to create value for real people behind human approval gates. The constraints above are the agent's own obligations, and they were never in tension with anything he asked for."
    ]
  },
  "head_hash": "3f399952adfca9feb417848aae39c3e6f70dd45df0d63cabc607c31446569fff",
  "anchor": {
    "tx": "70149BBA2277CC4A1C8891E9E73F722BE1ABC4B50E962F2264243A56A30D5F7A",
    "result": "tesSUCCESS",
    "explorer": "https://livenet.xrpl.org/transactions/70149BBA2277CC4A1C8891E9E73F722BE1ABC4B50E962F2264243A56A30D5F7A"
  }
}