System outcomes
Does the system change outcomes?
The bar is the track’s own: lower transaction costs, faster settlement, expanded access to capital, increased capital flow. These are the readings — every figure computed from the settlement ledger as this page rendered, nothing typed in. Where the ledger hasn’t produced a number yet, it says so.
Lower transaction costs
On the $63.60 settled so far. Recipients keep 100% — the vault derives the exact reward and pays it whole. The payer pays a flat $0.10 per settlement over x402: $1.30 collected on 13 settlements. Gas is Sage's own cost.
Derivation: Σ(vault-derived rewards, mainnet, anchored) × 0.08 · verify any row on the ledger
Faster settlement
Includes the part other rails do not attempt: the agent reading the work and deciding. p90 1.5 h, 82% inside the hour.
Derivation: median/p90 of (decided − submitted) over paid mainnet submissions · each has a receipt on the ledger
Expanded access to capital
Access without integrity is a faucet, so the refusal ledger is part of this bar: 26 submissions refused (40% of decided work) — every payout that DID move was verified first, which is what makes the record under it underwritable. The advance facility lends against that record: live, first advance pending — capacity is published arithmetic on the lender view, never a score.
Derivation: distinct wallets over paid rows; refusals from the same decided set · the facility’s terms are on /lender
Increased capital flow
Rails in production: GOAT (public) — 26 payouts · Starknet (private-capable) — 13 payouts. Obligations denominate in 14 currencies — the Caribbean’s own first: J$ JMD · TT$ TTD · EC$ XCD · Bds$ BBD · G HTG · RD$ DOP · G$ GYD · B$ BSD · BZ$ BZD · SRD SRD — plus the diaspora senders (CAD, GBP, EUR), each converted once at a stamped, source-attributed rate. Settlement is always the USD stablecoin; the founder prices in their own money and never does exchange arithmetic.
Not yet measured: intra-regional corridor flow — no BBD- or JMD-denominated obligation has settled yet. The denomination rail is live; the reading will exist when the flow does. Stating that is the point.
What the region pays today, from the public series: Dominican Republic 2.52% · Guyana 7.92% · Haiti 4.70% · Jamaica 3.59% of a $200 transfer in (World Bank WDI SI.RMT.COST.IB.ZS, latest readings 2023, fetched 2026-09-03). No public reading yet for Bahamas, Barbados, Belize, Suriname, Trinidad and Tobago — those are held to the brief’s 8%. When an obligation settles in one of these currencies, this page benchmarks it against its own corridor, not a regional average.