# kaal:claim:7314479-025

**Claim.** Contribution must be traceable well enough to support payment, credit, or recurring compensation without a central assignor; a runtime that routes work without allocating value has externalized the hardest part of its own economics onto its participants.

**Type.** normative  **Support.** argued

**Holds when.**

- runtimes with machine-to-machine settlement

**Source quote.**

> Contribution must be traceable well enough to support payment, credit, or recurring compensation without a central assignor. This requirement follows from the fourth defining property of the class. Once settlement is machine-to-machine, value allocation is a coordination problem rather than an accounting one, and a runtime that routes work without allocating value has externalized the hardest part of its own economics onto its participants.

**From.** Wulf A. Kaal, *Institutional Requirements for Sovereign Local Agent Runtimes* (2026), VI. Six Institutional Requirements, Requirement 5, page 12

**Cite as.** Wulf A. Kaal, Institutional Requirements for Sovereign Local Agent Runtimes (2026). SSRN: https://ssrn.com/abstract=7314479

**Verify.** sha256 of source PDF `debace24a155ae924a155b1fafe98856d98cf83689feff2f87a32f1c06171ce6` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20Institutional%20Requirements%20for%20Sovereign%20Local%20Agent%20Runtimes.pdf

**Topics.** economics, tokenomics, governance-design

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