A seat is sealed while it works. When it can no longer prove it holds a clip it is retired, and the ringmaker has to publish what it was forged with and what it ended with to get that seat's share of the bond back. This page is everything that has been unsealed.
| ring | gen | seat | forged with | ended with | fills | lifts | out | in | gain | slot |
|---|---|---|---|---|---|---|---|---|---|---|
Nothing has been opened yet. The first rows appear when the first seat runs out of clips, which takes real trading in both directions. Until then every balance on the makers page is a commitment and nothing more. | ||||||||||
When a ring is forged its total is public but its division into eight seats is not. Once every seat of a closed ring has been opened, the split can finally be drawn.
| ring | gen | ringmaker | forged | laps | fills | lifts | passes | gain | burned | forged slot | closed slot |
|---|---|---|---|---|---|---|---|---|---|---|---|
A ring closes when all eight of its seats are spent. Whatever it still holds goes back to the vault as unassigned fee and its index is free to be forged again as a new generation. | |||||||||||