---
tags: cyber, cip, cybernomics
crystal-type: entity
crystal-domain: cyber
---
the protocol governing how ICBS markets are created, priced, and settled for individual cyberlinks
## structure
each cyberlink can spawn a market that prices the collective belief in its validity. participants stake for or against a given link, and the market resolves according to the focus dynamics of the cybergraph
the protocol defines:
- market creation โ triggered when a neuron submits a cyberlink with sufficient stake
- pricing โ an automated mechanism reflecting aggregate conviction across all participants
- settlement โ resolution based on observed changes in relevance as measured by the tru
## economic role
cyberlink markets transform costly signal production into a tradeable instrument. they allow neurons to express second-order beliefs: a neuron can bet on whether another neuron's link will gain or lose focus over time
this creates a self-correcting feedback loop โ the market incentivizes accurate assessment of link quality, reinforcing learning incentives at the protocol level
see ICBS, cyberlink, costly signal, learning incentives, tru, cybernomics