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45<script type="application/ld+json">{"@context":"https://schema.org","@type":"AboutPage","name":"About LasseCash","description":"LasseCash is an anarcho-capitalist social economy: publish, earn LASSECASH from Proof-of-Brain rewards, and time-lock it into L-Shares. Immutable contracts on MAGI, 51,000,000 hardcap, no admin keys.","url":"https://lassecash.com/about/short","isPartOf":{"@type":"WebSite","name":"LasseCash","url":"https://lassecash.com"}}</script>
45<!----><!--]--><!----><title>LasseCash in a minute · LasseCash</title> 46 <link href="../_app/immutable/assets/0.Ccvmuh1z.css" rel="stylesheet"> 47 <link href="../_app/immutable/assets/6.uyApXYvu.css" rel="stylesheet"> 48 </head> 49 <body data-sveltekit-preload-data="hover"> 50 <div style="display: contents"><!--[--><!--[0--><!--[--><div class="shell svelte-12qhfyh"><header class="svelte-12qhfyh"><a class="brand svelte-12qhfyh" href="/"><span class="mark svelte-12qhfyh">L</span> <span class="name svelte-12qhfyh">LASSECASH</span> <span class="tag svelte-12qhfyh">ANCAP SOCIETY TOOLS</span></a> <nav class="svelte-12qhfyh"><!--[--><a href="/" class="svelte-12qhfyh">Feed</a><a href="/compose" class="svelte-12qhfyh">Write</a><a href="/mint" class="svelte-12qhfyh">Mint</a><a href="/pool" class="svelte-12qhfyh">Pool</a><a href="/chart" class="svelte-12qhfyh">Chart</a><a href="/wallet" class="svelte-12qhfyh">Wallet</a><a href="/chain" class="svelte-12qhfyh">Chain</a><a href="/thresholds" class="svelte-12qhfyh">Thresholds</a><a href="/stats" class="svelte-12qhfyh">Stats</a><a href="/about" aria-current="page" class="svelte-12qhfyh">About</a><!--]--></nav> <button class="unit svelte-12qhfyh" aria-pressed="true" title="Showing an approximate HBD value beside LASSECASH amounts. Click to show amounts in LASSECASH only."><span class="unitlabel svelte-12qhfyh">amounts in</span> <span class="unitval svelte-12qhfyh">LASSECASH + HBD</span></button> <div class="session svelte-12qhfyh"><!--[-1--><!--[0--><!--[1--><button>sign in</button><!--]--><!--]--><!--]--></div></header> <!--[-1--><!--]--> <!--[-1--><!--]--> <!--[0--><div class="day30 claimsnote svelte-12qhfyh" role="note"><span class="svelte-12qhfyh"><strong class="svelte-12qhfyh">Claiming a mint is paused while we fix a backing error.</strong> Your tokens and your positions are safe and recorded on chain, and 51 nothing expires â grace runs to 29 December. We found that the contract 52 cannot currently pay out large claims: its books record 53 28,356,122 LASSECASH in existence while the token ledger has only ever 54 minted 19,166,961, so 9,189,161 of backing is missing. The September 55 ledger upgrade carried the account balances across and not the amounts 56 the contract itself holds â the mint principals and the pools. <strong class="svelte-12qhfyh">We are fixing that before anything is frozen, so 57 the key burn planned for 10 October is on hold.</strong> Balances, 58 transfers, swaps, posting and voting all work normally. <a href="https://github.com/LasseEhlers/LasseCash-Migration-to-MAGI/blob/main/docs/FLOAT-SHORTFALL.md" target="_blank" rel="noreferrer" class="svelte-12qhfyh">The full write-up, with the numbers â</a></span> <button class="day30-dismiss svelte-12qhfyh" aria-label="dismiss">Ã</button></div><!--]--> <!--[0--><div class="day30 feednote svelte-12qhfyh" role="note"><span class="svelte-12qhfyh"><strong class="svelte-12qhfyh">The Feed and profiles only reach back about a month.</strong> There is no index yet: every visit reads the chain's recent history 59 directly, so posts older than roughly thirty days drop out of the feed 60 and off their author's page. <strong class="svelte-12qhfyh">Nothing is lost</strong> â those 61 posts are still live at their own address, still earning, still in 62 search. An index that remembers them is the next thing we build. Posts, 63 payouts and every figure you see are settled on chain and real.</span> <button class="day30-dismiss svelte-12qhfyh" aria-label="dismiss">Ã</button></div><!--]--> <!--[-1--><!--]--> <!--[1--><div class="banner svelte-12qhfyh">Loading engineâ¦</div><!--]--> <!--[-1--><!--]--><!----> <main class="svelte-12qhfyh"><!--[--><!----> <div class="grid"><article class="panel"><nav class="editions svelte-kz6rfo" aria-label="About editions"><a href="/about/short" class="svelte-kz6rfo active">The short version</a> <a href="/about/full" class="svelte-kz6rfo">The full version</a></nav> <div class="rendered svelte-kz6rfo"><!--[--><!--[-1--><!----><h1>LasseCash</h1> 64<h2 id="the-short-version">The short version</h2> 65<p>LasseCash is a website where you can earn money three ways. All of it is paid in LASSECASH, a token with a fixed supply that nobody â including the founder â can ever change.</p><!----><!--]--><!--[1--><figure class="door svelte-o2rn6n"><!--[0--><svg viewBox="0 0 320 150" role="img" aria-label="Write: an article on the chain, votes flowing in, payment flowing out to the author and the voters." class="svelte-o2rn6n"><rect x="18" y="28" width="104" height="94" rx="6" class="paper svelte-o2rn6n"></rect><line x1="32" y1="48" x2="108" y2="48" class="txt svelte-o2rn6n"></line><line x1="32" y1="62" x2="96" y2="62" class="txt svelte-o2rn6n"></line><line x1="32" y1="76" x2="104" y2="76" class="txt svelte-o2rn6n"></line>
65<line x1="32" y1="90" x2="84" y2="90" class="txt svelte-o2rn6n"></line><rect x="18" y="122" width="104" height="10" rx="2" class="chain svelte-o2rn6n"></rect><text x="18" y="144" class="lbl cyan svelte-o2rn6n">stays on the chain, forever</text><!--[--><path d="M190 44 L136 44" class="flow in svelte-o2rn6n"></path><polygon points="136,44 144,40 144,48" class="arrow in svelte-o2rn6n"></polygon><circle cx="206" cy="44" r="9" class="voter svelte-o2rn6n"></circle><text x="206" y="48" class="lbl ink svelte-o2rn6n" text-anchor="middle">1</text><path d="M190 70 L136 70" class="flow in svelte-o2rn6n"></path><polygon points="136,70 144,66 144,74" class="arrow in svelte-o2rn6n"></polygon><circle cx="206" cy="70" r="9" class="voter svelte-o2rn6n"></circle><text x="206" y="74" class="lbl ink svelte-o2rn6n" text-anchor="middle">2</text><path d="M190 96 L136 96" class="flow in svelte-o2rn6n"></path><polygon points="136,96 144,92 144,100" class="arrow in svelte-o2rn6n"></polygon><circle cx="206" cy="96" r="9" class="voter svelte-o2rn6n"></circle><text x="206" y="100" class="lbl ink svelte-o2rn6n" text-anchor="middle">3</text><!--]--><text x="206" y="122" class="lbl dim svelte-o2rn6n" text-anchor="middle">people vote</text><text x="206" y="134" class="lbl dim svelte-o2rn6n" text-anchor="middle">with their mints</text><path d="M236 70 Q 270 70 282 40" class="flow out svelte-o2rn6n"></path><path d="M236 70 Q 270 70 282 100" class="flow out svelte-o2rn6n"></path><circle cx="290" cy="34" r="12" class="coin svelte-o2rn6n"></circle><text x="290" y="38" class="lbl coin-txt svelte-o2rn6n" text-anchor="middle">L</text><circle cx="290" cy="106" r="12" class="coin svelte-o2rn6n"></circle><text x="290" y="110" class="lbl coin-txt svelte-o2rn6n" text-anchor="middle">L</text><text x="290" y="16" class="lbl gold svelte-o2rn6n" text-anchor="middle">author</text><text x="290" y="130" class="lbl gold svelte-o2rn6n" text-anchor="middle">voters</text></svg> <figcaption class="svelte-o2rn6n">You write, they vote, both of you are paid.</figcaption><!--]--></figure><!--]--><!--[-1--><!----><p><strong>Write.</strong> Post an article and people vote on it with their own mint. If they vote, you get paid. The voters get paid too. Your article lives on the Hive blockchain, so it stays up forever, whoever runs the website.</p><!----><!--]--><!--[1--><figure class="door svelte-o2rn6n"><!--[1--><svg viewBox="0 0 320 150" role="img" aria-label="Lock: LASSECASH goes into a time lock and new tokens flow out for as long as it stays locked; longer and bigger locks earn more." class="svelte-o2rn6n"><circle cx="30" cy="75" r="12" class="coin svelte-o2rn6n"></circle><text x="30" y="79" class="lbl coin-txt svelte-o2rn6n" text-anchor="middle">L</text><path d="M48 75 L88 75" class="flow in svelte-o2rn6n"></path><polygon points="92,75 84,71 84,79" class="arrow in svelte-o2rn6n"></polygon><rect x="98" y="52" width="74" height="56" rx="8" class="vault svelte-o2rn6n"></rect><path d="M120 52 V 40 a15 15 0 0 1 30 0 V 52" class="shackle svelte-o2rn6n"></path><circle cx="135" cy="80" r="6" class="keyhole svelte-o2rn6n"></circle><text x="135" y="124" class="lbl gold svelte-o2rn6n" text-anchor="middle">a mint</text><text x="135" y="136" class="lbl dim svelte-o2rn6n" text-anchor="middle">1 day ⦠3 years</text><line x1="190" y1="108" x2="306" y2="108" class="axis svelte-o2rn6n"></line><!--[--><rect x="196" y="92" width="14" height="12" rx="2" class="bar svelte-o2rn6n"></rect><rect x="218" y="80" width="14" height="24" rx="2" class="bar svelte-o2rn6n"></rect><rect x="240" y="68" width="14" height="36" rx="2" class="bar svelte-o2rn6n"></rect><rect x="262" y="56" width="14" height="48" rx="2" class="bar svelte-o2rn6n"></rect><rect x="284" y="44" width="14" height="60" rx="2" class="bar svelte-o2rn6n"></rect><!--]--><text x="248" y="124" class="lbl dim svelte-o2rn6n" text-anchor="middle">longer â more</text><text x="248" y="136" class="lbl dim svelte-o2rn6n" text-anchor="middle">bigger â more</text><text x="248" y="30" class="lbl gold svelte-o2rn6n" text-anchor="middle">new tokens, every block</text><path d="M180 80 L190 80" class="flow out svelte-o2rn6n"></path></svg> <figcaption class="svelte-o2rn6n">Lock it, and every new token pays you a share while it stays locked.</figcaption><!--]--></figure><!--]--><!--[-1--><!----><p><strong>Lock.</strong> Lock up LASSECASH for anywhere from a day to three years and earn a share of every new token while it is locked. Longer locks earn more. Bigger locks earn more. Break the lock early and you lose some of it â that is the price of the promise.</p><!----><!--]--><!--[1--><figure class="door svelte-o2rn6n"><!--[-1--><svg viewBox="0 0 320 150" role="img" aria-label="Provide: LASSECASH and HBD go into the pool together; new tokens flow out, and the share grows with time up to ninety days." class="svelte-o2rn6n"><circle cx="30" cy="52" r="12" class="coin svelte-o2rn6n"></circle><text x="30" y="56" class="lbl coin-txt svelte-o2rn6n" text-anchor="middle">L</text><circle cx="30" cy="98" r="12" class="coin hbd svelte-o2rn6n"></circle><text x="30" y="102" class="lbl coin-txt svelte-o2rn6n" text-anchor="middle">$</text><text x="30" y="30" class="lbl dim svelte-o2rn6n" text-anchor="middle">LASSECASH</text><text x="30" y="128" class="lbl dim svelte-o2rn6n" text-anchor="middle">HBD</text><path d="M48 52 Q 80 52 92 70" class="flow in svelte-o2rn6n"></path><path d="M48 98 Q 80 98 92 80" class="flow in svelte-o2rn6n"></path><ellipse cx="135" cy="75" rx="40" ry="26" class="pool svelte-o2rn6n"></ellipse><path d="M103 70 q 8 -6 16 0 t 16 0 t 16 0 t 16 0" class="wave svelte-o2rn6n"></path><path d="M103 82 q 8 -6 16 0 t 16 0 t 16 0 t 16 0" class="wave svelte-o2rn6n"></path><text x="135" y="118" class="lbl gold svelte-o2rn6n" text-anchor="middle">the pool</text><text x="135" y="130" class="lbl dim svelte-o2rn6n" text-anchor="middle">no fee, ever</text><path d="M182 75 L194 75" class="flow out svelte-o2rn6n"></path><polyline points="200,104 240,104 240,80 280,80 280,56 306,56" class="ramp svelte-o2rn6n"></polyline>
65<line x1="200" y1="108" x2="306" y2="108" class="axis svelte-o2rn6n"></line><text x="253" y="124" class="lbl dim svelte-o2rn6n" text-anchor="middle">day 1 â day 90</text><text x="253" y="136" class="lbl dim svelte-o2rn6n" text-anchor="middle">+1% a day, then flat</text><text x="253" y="40" class="lbl gold svelte-o2rn6n" text-anchor="middle">your share grows</text></svg> <figcaption class="svelte-o2rn6n">Both sides in together, and the longer it sits the more of every block is yours.</figcaption><!--]--></figure><!--]--><!--[-1--><!----><p><strong>Provide.</strong> Put LASSECASH and HBD into the trading pool together and earn a share of every new token for as long as it sits there. The longer it sits, the bigger your share, up to ninety days.</p> 66<p>Every new LASSECASH that will ever exist is paid out through those three doors, on a schedule that was written down in 2019 and halves every three years. There are no fees. There is no company. There is no key that can change any of it.</p> 67<p><strong>If you want to know exactly how</strong>, the full version is the complete rule book below, written precisely enough to be checked against the code.</p><!----><!--]--><!--]--></div> <!--[0--><p class="more svelte-kz6rfo"><a href="/about/full" class="svelte-kz6rfo">Read the full version â</a> â every rule, precisely enough to be checked against the code.</p><!--]--> <p class="raw svelte-kz6rfo"><a href="/about.md" rel="alternate" type="text/markdown" class="svelte-kz6rfo">read as markdown</a></p></article></div><!--]--><!----></main> <footer class="svelte-12qhfyh"><span class="svelte-12qhfyh">What you see is what the chain pays â every figure comes from the contract itself.</span> <span class="mono svelte-12qhfyh"><a href="https://discord.gg/wNhQrG44DC" target="_blank" rel="noopener" class="svelte-12qhfyh">Discord</a> · <a href="https://www.youtube.com/@LasseCashNews" target="_blank" rel="noopener" class="svelte-12qhfyh">Crypto World News</a> · <a href="https://lassemusic.com" target="_blank" rel="noopener" class="svelte-12qhfyh">Lasse Music</a></span> <!--[-1--><!--]--></footer></div><!--]--><!--]--> <!--[-1--><!--]--><!--]--> 68 69
69<script> 70 { 71 __sveltekit_1q5k94j = { 72 base: new URL("..", location).pathname.slice(0, -1) 73 }; 74 75 const element = document.currentScript.parentElement; 76 77 Promise.all([ 78 import("../_app/immutable/entry/start.BmRUZBZl.js"), 79 import("../_app/immutable/entry/app.Bg4f553z.js") 80 ]).then(([kit, app]) => { 81 kit.start(app, element, { 82 node_ids: [0, 6], 83 data: [null,{type:"data",data:{edition:"short",markdown:"# LasseCash\n\n## The short version\n\nLasseCash is a website where you can earn money three ways. All of it is paid\nin LASSECASH, a token with a fixed supply that nobody â including the founder â\ncan ever change.\n\n**Write.** Post an article and people vote on it with their own mint. If they\nvote, you get paid. The voters get paid too. Your article lives on the Hive\nblockchain, so it stays up forever, whoever runs the website.\n\n**Lock.** Lock up LASSECASH for anywhere from a day to three years and earn a\nshare of every new token while it is locked. Longer locks earn more. Bigger\nlocks earn more. Break the lock early and you lose some of it â that is the\nprice of the promise.\n\n**Provide.** Put LASSECASH and HBD into the trading pool together and earn a\nshare of every new token for as long as it sits there. The longer it sits, the\nbigger your share, up to ninety days.\n\nEvery new LASSECASH that will ever exist is paid out through those three doors,\non a schedule that was written down in 2019 and halves every three years. There\nare no fees. There is no company. There is no key that can change any of it.\n\n**If you want to know exactly how**, the full version is the complete rule\nbook below, written precisely enough to be checked against the code.\n"},uses:{params:["edition"]}}], 84 form: null, 85 error: null 86 }); 87 }); 88 } 89 </script>
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