Propose: Closed- vs Open-Loop Classification

On-behalf-of: Ben Stull <ben.stull>

rfcs/breakage.md

@@ -0,0 +1,19 @@
+---
+slug: breakage
+title: Breakage
+state: super-draft
+id: null
+repo: null
+proposed_by: ben.stull@wiggleverse.org
+proposed_at: '2026-06-01'
+graduated_at: null
+graduated_by: null
+owners:
+- ben.stull
+arbiters: []
+tags:
+- payments
+---
+
+Breakage is value a Human paid for and may never receive goods against — from rounding and from dormant balances — and it is the sharpest ethics test in the entire product, because the platform profits from money the person never spent. This RFC defines Breakage in relation to the Human who is owed it, not merely as platform revenue. It serves Dignity and is bound tightly to Non-Extraction and Duty of Care.
+

rfcs/float.md

@@ -0,0 +1,19 @@
+---
+slug: float
+title: Float
+state: super-draft
+id: null
+repo: null
+proposed_by: ben.stull@wiggleverse.org
+proposed_at: '2026-06-01'
+graduated_at: null
+graduated_by: null
+owners:
+- ben.stull
+arbiters: []
+tags:
+- payments
+---
+
+Float is the pool of outstanding prepaid balances the platform holds and can earn yield on — other people's money, held in trust. This RFC defines Float with the safeguarding rule built in: the float is protected, holders are not paid interest, and it is never lent out. It serves custody and Dignity, and pairs with Platform Sustainability and Breakage.
+

rfcs/loop-classification.md

@@ -0,0 +1,19 @@
+---
+slug: loop-classification
+title: Closed- vs Open-Loop Classification
+state: super-draft
+id: null
+repo: null
+proposed_by: ben.stull@wiggleverse.org
+proposed_at: '2026-06-01'
+graduated_at: null
+graduated_by: null
+owners:
+- ben.stull
+arbiters: []
+tags:
+- payments
+---
+
+Whether stored value is clean store credit or a regulated money-transmission instrument turns on a single line: does value move only among commonly-owned storefronts, or between unaffiliated owners? This RFC defines that closed- versus open-loop classification, keyed to common ownership rather than storefront count. It documents the regulatory line the two-tier model rests on — it does not clear it, which remains a legal matter for counsel.
+