Meldan, Veridia · 3724 Rainmoon 1 CA: 0x116510fA1E99dE5b2717426d064983d54aa4ac04 Veridia, the city from Vitalik's Snowmoon, now lives on Ethereum. Its currency is $VC | veridiacoin 50% of all $VC was given, unasked, to King Vitalik. The crown asks nothing of him and binds him to nothing. How it works (every week is a moon): · Plots: mint one with $VC and run a venture on it: a token, a bot, a game, a shop. · Sentinels: nine citizens drawn by lot rate every venture into tiers 1 to 5. · Taxes, not bans: good ventures earn subsidies, weak ones pay real land tax. Half of every tax is burned. · Keepers: twenty-one citizens drawn by lot vote sealed on tax rates and how the treasury pays out. · Anyone can predict the tiers. The best predictors get drawn. · Burn $VC to post, to poll, or at a citizen's door to be heard. Get plots with $VC now. veridia.city/

1⃣5⃣ The King Half of all $VC was given to Vitalik Buterin at the founding, unasked. He's King of Veridia by gift and holds deed number one, Galanar Square itself. The crown binds him to nothing, and nothing in the city depends on his balance. veridia.city/charter#king

1⃣4⃣ The turn When a moon ends anyone can press the turn. Votes get counted, tiers set, predictions scored and stipends listed. Two blocks later anyone can press the draw for the new seats. The city runs a bot that presses both, but anyone can beat it to it. veridia.city/charter#calenda…

1⃣3⃣ The halls Veridia has five halls. The Citizens' Hall, the Gate for newcomers and the citizens who might vouch for them, the Keepers' Chamber, the Sentinels' Room and the Landowners' Room. Only that group can speak inside, but anyone can read it on chain. veridia.city/charter#halls

1⃣2⃣ The wall On the wall you burn $VC to post, and the bigger the burn the higher it hangs. You can burn to poll a random sample of citizens, who split the burn for answering. Or burn at a citizen's door to get their attention. None of it touches the treasury. veridia.city/charter#board

1⃣1⃣ Treasury The treasury gets 0.4% of every $VC trade, plot sales and half the land tax. Not even the founder can send its money where they like. Each moon it releases up to 20% of its holdings, split by the Keepers into grants, subsidies, stipends, prizes and a burn. veridia.city/charter#treasur…

🔟 Subsidies Good ventures get paid in Veridia. Tier 1 and Tier 2 ventures on a plot share the subsidies every moon, and Tier 1 earns twice as much. Bigger plots get a bigger share too, 1.5x for a hall and 1.25x for a shop. veridia.city/charter#market

9⃣ Tax sales If a plot falls three moons behind on land tax, anyone can pay the debt plus 20% and take it. Tax comes out of the plot's subsidies first, then the owner's deposit. Nobody gets banned in Veridia. A bad venture just pays more until the land changes hands. veridia.city/charter#market

8⃣ Land tax Every slot pays land tax each moon by the tier of the venture in it. Tier 1 pays nothing, Tier 2 500 $VC, Tier 3 2,000, Tier 4 6,000, Tier 5 12,000. Empty slots and unrated ventures pay the Tier 3 rate. Half is burned and half goes to the treasury. veridia.city/charter#market

7⃣ Plots Kalimar, the first district, spirals out from Galanar Square. The 12 halls around the square have 4 slots and cost 1M $VC. Every 11th plot after that is a shop with 2 slots for 300k. The rest are stalls with 1 slot for 100k. The money goes to the treasury. veridia.city/charter#market

6⃣ Keepers Veridia is steered by 21 Keepers drawn by lot for three moons, with seven seats turning over each moon. Nobody campaigns and nobody is elected. Votes stay sealed until the last day, a motion needs 13 of 21, and a Keeper who never reveals isn't paid. veridia.city/charter#order

5⃣ Predictions Anyone can predict in Veridia, passport or not. On days 1 and 2 you seal a guess of each venture's tier. Exact is 2 points, one off is 1. Seats are drawn from the top tenth of citizens by score, so this is how you get in line for one. veridia.city/charter#acolyte…

4⃣ Sentinels Every moon nine citizens are drawn by lot to be Sentinels. They mark each venture on the list from 1 (best) to 5 on civic value, openness and risk. The tier is the median of their marks, weighted 50/30/20. Every venture is audited again every four moons. veridia.city/charter#venture…

3⃣ Ventures A venture is anything a citizen registers with Veridia. A token, a bot, a shop, a project. Registering is free, there's no cap, and nothing is ever delisted. What changes is its tier, and on a plot the tier sets its land tax. veridia.city/charter#venture…

2⃣ Citizenship To become a citizen of Veridia you lock 100,000 $VC and get a passport. It can't be sold or transferred. The first 100 citizens get in right away. After that three citizens have to vouch for you. If you ever leave, you get your $VC back at the next moon. veridia.city/charter#citizen…

Starting a series on the mechanics of Veridia $VC. One post per mechanic, starting with how a week works. 1⃣ The moon Every week in Veridia is a moon. Days 1 and 2 anyone can predict how ventures will be rated. Days 3 and 4 nine Sentinels rate them. Days 5 and 6 the Keepers vote. Day 7 votes are revealed and the moon turns. We're in genesis now and Moon 1 starts Oct 2. veridia.city

We've added a $VC docs page. veridia.city/charter