Active Depository Control Room · v0.3

Power-Backed Securities

A continuously reconciled state machine connecting physical energy reality, machine telemetry, legal-economic rights, collateral atoms, instruments, risk and settlement. Every object has lineage; every atom can be encumbered only once.
Physical layer
30,604
scenario objects
Control envelope
2.40 GW
scenario power
Collateral atoms
—
live database
PBS objects
—
sandbox registry
Oracle packets
—
attestations
Portfolio risk
CLEAR
live state
Canonical transformation
01 PHYSICALstore / plant / meter
02 REFLECTIONlive state representation
03 ORACLEnormalize + attest
04 RIGHTcontrol / savings / capacity
05 ATOMIZEq × t × right × lineage
06 ISSUEPBS state object
07 EXECUTErecipe / covenant
08 SETTLEVEP finality

Recursive capital loop

Reality → Effect → Right → Capital → New intervention → New reality

PBS is an intermediate state, not the endpoint. Capital can finance the next physical intervention while lineage remains traceable to the originating asset state.

Three synchronized truths

Asset TruthVERIFIED
Legal TruthRECONCILED
Settlement TruthSYNCHRONIZED
Topology & lineage

Asset & Rights Graph

The canonical graph forbids orphan financial objects. Every PBS must resolve backward to a physical root and forward to a settlement policy.
Physical AssetStore, refrigeration plant, meter, controller, grid connection.
ReflectionOperational state, temperatures, pressure, kW, availability, safety envelope.
Economic RightSAVE, FLEX, CAPACITY, RESERVE, DELIVERY, RECEIVABLE.
Collateral AtomQuantity × time interval × right type × lineage root.
Oracle PacketNormalized measurement, confidence, quorum, freshness, signatures.
PBS ObjectNominal, coverage, covenants, lifecycle state, linked atom.
Risk StateCoverage, concentration, data freshness, operational and legal gates.
Settlement RailVerified Event versus Payment; bank / CBDC adapter / fallback.
Attestation fabric

Oracle Mesh

Telemetry does not become financial truth until it passes normalization, plausibility, freshness and quorum rules.

Telemetry

Meter12 sec
Controller10 sec
Temperature60 sec

Verification

NormalizationPASS
Quorum3/3
Confidence floor98.5%

Safety

Second Pilot RightACTIVE
Safety envelopeLOCKED
Kill switchAVAILABLE
IDMetricValueConfidenceQuorumStatus
Policy controlled creation

Issuance Engine

Issuance consumes an unencumbered collateral atom. The atom is locked first. A second attempt against the same atom is rejected.

Sandbox issuance

A refusal is intentional when no eligible unencumbered atom exists.

Pre-issuance gates

Lineage rootREQUIRED
Unencumbered atomREQUIRED
Oracle freshnessREQUIRED
Legal right stateREQUIRED
Genesis case dossier
D20826X5P
Base RWA → AUM → Payment Rights → derived PBS/CFA tree
Open case dossier →
InstrumentClassCollateralNominalCoverageStateCaseLineage
No double counting primitive

Collateral Engine

Atom = quantity × time × right × lineage root. The same machine can support different economic rights, but the same atom cannot be pledged twice.
Instrument state machine

Lifecycle

CLAIMEDcandidate discovered
VERIFIEDtruth gates pass
ATOMIZEDexclusive atom created
ISSUEDobject recorded
ACTIVEcovenants monitored
WATCHcoverage <120%
SETTLEDVEP finality
RETIREDlineage closed

Transition guards

ACTIVE → WATCHcoverage <120%
WATCH → BREACHcoverage <100%
Any → FROZENoracle / legal failure

Invariant

FINANCIAL_STATE ≤ MIN(ASSET_TRUTH, LEGAL_TRUTH, SETTLEMENT_TRUTH)

Verified Event versus Payment

Settlement Rails

Commercial bank

AdapterREADY

Conventional payment + reconciliation event.

CBDC

AdapterSANDBOX

Programmable settlement placeholder; no live central-bank connection.

Digital asset rail

AdapterDISABLED

Requires explicit legal, custody and compliance model.

EVENToracle verified
OBLIGATIONrecipe computes
RESERVEfunds reserved
PAYMENTrail executes
FINALITYledger reconciles
Control plane

Governance

Decision domains

Physical safetyOperator / IT
MeasurementOracle committee
Legal admissibilityLegal gate
Issuance policyDepository ruleset
SettlementSettlement rail

Emergency precedence

1Safety envelope
2Kill switch
3Asset protection
4Financial covenant
5Yield optimization
Portfolio perturbation

Stress Lab

Stress tests write their cause into the persistent ledger and recompute instrument states.

Automatic reactions

Coverage <120%WATCH
Coverage <100%BREACH
Oracle quorum lossFREEZE ISSUE
Safety violationKILL FINANCIAL CONTROL

Principle

Risk is not a periodic report. It is another continuously computed state of the same physical-to-financial graph.

Persistent causal history

Event Ledger

Oracle attestations, issuance, collateral locks, stress events and resets are persisted in D1.
X5 Power research sandbox. Scenario values are illustrative unless explicitly verified. PBS is used here as a system-design term. No securities, CFA, ownership rights, investment offer or payment obligations are created.