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DATUM · M-VAL-CHAIN-FLOW · ValuationPhase 2

Annual chain balance-demand flow

constant USD/year
CADENCE Scenario
LINE FRAME
0 PUBLIC OBSERVATIONS · MISSING DATA IS NOT A ZEROAWAITING FIRST READINGSETTLEMENT BUNDLE NOT PROJECTED
UNITconstant USD/year
CADENCEScenario
SOURCEINTERNAL-METHOD
EPISTEMICSCENARIO
STRENGTHENS IFBTC, LTC and the explicit remainder reconcile to one without overlap.
WEAKENS IFDirect L1, batched L1 or L2 flows double count the same obligation.
MVP TIERPhase 2
BOUND CLAIMS · 1
VAL-FLOW-001What settlement and holding assumptions support this monetary base?ADOPTED_RULE
N · NUMERIC LENS — DEFINITION, DIRECTION, HISTORY
CLAIMS 7e655a43… · AS OF 2026-08-02
N W B /