"Every verified tonne becomes a digital PRN. Every dPRN clears at £450 floor. No exceptions."
The dPRN (digital Packaging Recovery Note) is the unit of currency that bridges plastic waste and pound sterling. Each dPRN represents one verified tonne. Marketplace listings happen post-verification. Floor price is £450 — enforced by Protocol 050. Sales are matched to obligated companies with EPR liability.
Sealed: 01 April 2024·Owner: Sovereign · Jermaine Murphy·Weight: Constitutional · Dark
£450
Floor price
7%
Covenant deducted
50/50
Post-covenant split
Signature Diagram · LATTICE
📝 Real Example · Numbers · Names
In the field
Tranche dPRN-2026-04-127 (12 tonnes mixed polymer from B66) listed 04 April 2026. Listed at £462/tonne. Cleared to "Beverage Major UK Ltd" 06 April for £5,544. 7% covenant (£388) deducted before split. Net £5,156 → 50/50.
▸ Triggers · When This Fires
Material verification complete (Protocol 002)
Tonne ready for marketplace listing
Obligated buyer demand window open
⚠ Consequence · If Broken
No dPRN, no revenue. The entire revenue model — £3B sovereign credit, £12M conventional credit, all gateway pricing — collapses without dPRN issuance. Constitutional weight.
The dPRN (digital Packaging Recovery Note) is the unit of currency that bridges plastic waste and pound sterling. Each dPRN represents one verified tonne. Marketplace listings happen post-verification. Floor price is £450 — enforced by Protocol 050. Sales are matched to obligated…