inversely coupled bonding surface
the epistemic market mechanism of cyber. a two-sided bonding curve where YES and NO are geometrically coupled — buying one directly suppresses the other
the cost function
$$C(s_{YES},\, s_{NO}) = \lambda \sqrt{s_{YES}^2 + s_{NO}^2}$$
where $s_{YES}$ and $s_{NO}$ are token supplies and $\lambda$ is a scaling constant fixed at deployment. iso-cost curves are circles in the $(s_{YES}, s_{NO})$ plane. trading moves outward from the origin along the surface
prices and coupling
prices emerge as partial derivatives of the cost function:
$$p_{YES} = \lambda \cdot \frac{s_{YES}}{\sqrt{s_{YES}^2 + s_{NO}^2}}, \quad p_{NO} = \lambda \cdot \frac{s_{NO}}{\sqrt{s_{YES}^2 + s_{NO}^2}}$$
the inverse coupling:
$$\frac{\partial p_{YES}}{\partial s_{NO}} = -\lambda \cdot \frac{s_{YES} \cdot s_{NO}}{(s_{YES}^2 + s_{NO}^2)^{3/2}} < 0$$
buying NO lowers YES. buying YES lowers NO. the two sides are genuine opposites on a shared geometric surface
role in cyber
every cyber/link in the cybergraph can carry an ICBS market. the market price enters the tri-kernel as the effective edge weight:
$$w_{\text{eff}}(e) = \text{price}(e) \times \text{stake}(e)$$
at $p \to 1$: full focus flows through the edge. at $p \to 0$: the edge is deactivated. this is market inhibition — the mechanism by which collective epistemic assessment reshapes structural connectivity
self-scaling liquidity means trading volume automatically grows the market. the most-contested edges become the most liquid, yielding the most accurate prices. no external liquidity providers required
properties
| property | description |
|---|---|
| self-scaling | TVL $= C(s_{YES}, s_{NO})$ grows with trading volume |
| solvency | total value locked always equals the cost function |
| early conviction | prices range from 0 to $\lambda$, rewarding early discovery |
| geometric simplicity | only square roots — tractable on-chain computation |
| inverse coupling | buying one side directly suppresses the other |
see cyber/truth/coupling for the full specification. see market inhibition for how ICBS provides inhibitory signals to the tri-kernel. see valence for the ternary epistemic field on cyberlinks. see Bayesian Truth Serum for the scoring layer. see cyber/nomics for the broader economic design
discover all concepts