Cycles
One row per cycle, newest first. A cycle opens with its first snapshot and closes when the operator settles it: the fees that landed in the treasury are attributed to it, the holders’ share of those fees plus any dust carried forward becomes the pot, and the pot is divided by average balance, among the addresses that still held at the close of the cycle and never reduced during it. Whatever the division cannot place — the remainders, and any payout under the minimum — carries into the next cycle rather than being kept.
ledger
Every settled cycle can be recomputed from its published inputs.
| cycle | status | settled | fees in | pot | holders paid | dust out | snapshots | proof |
|---|---|---|---|---|---|---|---|---|
| #2 | open | — | 0 ETH | 0 ETH | 0 | — | 9 | not settled |
| #1 | settled | 2026-09-19 05:56 UTC | 1.0353 ETH | 1.0353 ETH | 211 | 0.000026 ETH | 16 | 7e9e571ba1c2… |
“Holders paid” counts the payments confirmed on chain; where a second number follows it, that is how many addresses the cycle allocated a share to, some of which may still be in flight. “Dust out” is what the division could not place — remainders from integer arithmetic plus any payout below the minimum — and it is carried into the next cycle’s pot.