entity · derived
Encumbrance
Derived node: assembled mechanically from the claims carrying encumbrance. A roster, not an adjudicated definition.
Every claim under this term
- 3396542-017 : The value of a token is not uniform across tokens: it depends on whether the token is currently encumbered and, for encumbered tokens, the sooner the token is expected to be released from encumbrance
- 3396542-029 : From the viewpoint of consumers and regulators, encumbered tokens, whose value derives from the DAO's future cash flows, serve as a substitute for regulatory capital.
- 3949098-007 : The more reputation replaces capital, the less capital must be allocated, tied and encumbered, which raises the ratio of unencumbered capital available to be newly deployed.