Three rungs are always unpaid.

RUNG — public ladder project · RH Chain 4663

Rung

Settlement rule

NN−1N−2N−3unpaidunpaidunpaidsettled+20%
Detail A — load transfer, typical
  1. Each rung settles the rung three below, at +20%.
  2. You are settled when three more people climb.
  3. Three rungs are unpaid at all times.
  4. If nobody climbs, the top three are never settled.
  5. At most three people lose. It could be you.
  6. Works stop at rung 150.
Rung

Cost schedule

10⁻310⁻210⁻1110¹10²10³10.0012250.0075500.05271002.59150127.20limitrungETH
Fig. 1 — unit cost, semi-logarithmic
RungUnit costSettles for
10.0012 ETH0.0014 ETH
100.0023 ETH0.0028 ETH
250.0075 ETH0.0090 ETH
500.0527 ETH0.0633 ETH
750.3695 ETH0.4433 ETH
1002.59 ETH3.11 ETH
12518.15 ETH21.78 ETH
150127.20 ETH152.64 ETH

Unit cost rises 8.1% per rung. Settlement is 120% of unit cost.

Rung

Self-rescue

An unpaid holder is not held. The holder of rung N is settled when rung N + 3 is cast, and nothing prevents that holder from casting rungs N + 1 through N + 3 themselves. The settlement then arrives at the usual +20%, and the holder now occupies the rungs above, unpaid.

Holder of rung
3
Casts
rungs 4–6
Self-rescue cost
0.0048 ETH
Recovers
0.0016 ETH
Net
−0.0031 ETH

Nobody is ever structurally trapped, only economically discouraged.

Rung

Register

RungHolderPriceSettles forSettled byStatus
3deployer · foundation0.0014 ETH0.0016 ETH6UNPAID
2deployer · foundation0.0013 ETH0.0015 ETH5UNPAID
1deployer · foundation0.0012 ETH0.0014 ETH4UNPAID

Rungs 1–3 are seeded by the deployer at deployment and are unpaid until rungs 46 are cast.

Below grade