⬢ CIRCULAROS · BACK TO BRAIN

MD-293 · Carrot Protocol Guidance

Companion to PROTOCOL-061 — what's locked, what's flexible, and what to do next. Written at 40%. Expands as decisions are made.
PROTOCOL-061 · LIVE SCP-2610 40% COMPLETE SOVEREIGN OVERRIDE ON
40% · 4 of 10 sections finalised

§1 · The Header Truth LOCKED

Settled. These do not move.

§2 · Money Flow — Internal Agreement SHAPE LOCKED

The shape is fixed; the dial settings (§3) are flexible.
STEP 1 · POSTING POINT
Carrot transaction lands at MPT Ltd (current contracts, current banking).
STEP 2 · COVENANT
7% Covenant deducted first (PROTOCOL-006 · meal fund · non-negotiable).
STEP 3 · PARTNER SPLIT
50/50 evolved split (MD-233) — partner side untouched.
STEP 4 · INTERNAL SWEEP
Inside MPT's share, an internal agreement moves the operational portion to Finance Limited. Finance Ltd then funds: verifier payouts, hauler advances, bounty pool, collection-day cashflow.

§3 · The Dials — What's Flexible FLEX

These are intent, not concrete. Sovereign sets and resets per cohort or per transaction.
DialDefaultRangeTrigger
MPT → Finance Ltd sweep %TBD (40% draft)20–80%per-tx · weekly · monthly
Accreditation PRN routingFinance Ltd (fuel)Finance · MPT · Covenantper PRN cohort
dPRN routingSovereign-directedany of the aboveper dPRN or per use-case
Carrot price upfront£100 entry → £133 → £159 → £200 Node£100–£200staged by tier · MD-859 doctrine

Decision needed at 50%: lock the default MPT → Finance Ltd sweep % and the trigger cadence.

§4 · The Two Instruments — PRN vs dPRN INTENT SET

Default routings. The Sovereign holds the override on every single one.
InstrumentDefault DestinationFlexibilityWhy
Accreditation PRNFinance Ltd (fuel)LowHeavy paper · funds the heavy lifting (EA compliance, accreditation overhead)
Digital PRN (dPRN)Sovereign-directedHighSovereign instrument · routing follows the use-case
Carrot (£100 entry · rises to £133 → £159 → £200)MPT → split per agreementMediumTrading face first, then internal sweep · staged pricing per MD-859
7% CovenantAlways firstNonePROTOCOL-006 · MD-005 · non-negotiable

§5 · Verifier Payout Ladder TO DO · 0%

Reserved for PROTOCOL-049. Will define how Finance Ltd pays appointed verifiers (rate per accreditation · monthly retainer vs per-job · escalation on duplicates).

§6 · Gateway Fees TO DO · 0%

Reserved for PROTOCOL-050. How external gateways (waste majors, ESG buyers, white-label partners) draw from the carrot stream.

§7 · Carrot Ledger UI TO DO · 10%

A live board on /the-carrot showing carrots issued · retired · outstanding, with the MPT → Finance Ltd sweep visible per cohort. Hooked to the same API spine as the dPRN ledger.

§8 · Sweep Trigger Mechanic TO DO · 0%

Decision: per-transaction (clean but noisy), weekly batch (smooth, predictable), or monthly reconciliation (lazy, accountant-friendly). Recommend weekly as the default with sovereign override to per-tx for flagged cohorts.

§9 · Sovereign Override Clause LOCKED

The Sovereign holds the final override on every transaction governed by PROTOCOL-061:

Verbal override phrase: "Carrot — sovereign hold." — freezes the affected stream pending instruction.

§11 · International Applicability REFERENCE

The Carrot is the verification currency of any territory, not only the UK. The infrastructure travels — same dPRN, same 7% Covenant, same 50/50 split, local currency conversion at the £450/tonne equivalent.
MD-173
The International Expansion
6 named global nodes. 3-phase model. Amsterdam · Lagos · Singapore.
MD-184
FullLoop International
9 international gateways currently in scout/warm state.
PROTOCOL-013
International Federation
The governance frame for cross-border operation.
PROTOCOL-050
Gateway Activation (.md pending)
How an international node goes live. Named, document still to be authored.
Candidate revenue stream — sovereign decision pending — not switched on: A Cross-Border Verification Surcharge (proposed 2–5%) on Carrot transactions in non-UK jurisdictions, compensating the local gateway operator's compliance load. Derived from existing infrastructure (MD-173 + PROTOCOL-013 + PROTOCOL-050). Not invented. Not forced. Awaiting the sovereign phrase "Carrot — international." to activate. Until then, this is reference commentary only.
Why this matters: First international node going live is one of the four step-change appraisal triggers named in MD-289 · Fractal Tree Part 2. The Carrot is the instrument that makes that node revenue-bearing on day one.

§10 · Ready For The Next

Carrot/verification now has its own home. Next chapters that hang off this protocol:
PROTOCOL-049
Verifier Payout Ladder
How Finance Ltd pays appointed verifiers.
PROTOCOL-050
Gateway Fees
How external gateways draw from the stream.
MD-293 · §3 lock
Sweep % + cadence
Move from 40% to 70% by ratifying §3.
UI
Carrot Ledger Board
Live issued / retired / outstanding on /the-carrot.
MD-293 · 40% · expands as decisions land · sealed companion to PROTOCOL-061 · SCP-2610 · April 2026
HANDSHAKE — witnesses
Handshake sealed.