> For the complete documentation index, see [llms.txt](https://docs.builtbydao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.builtbydao.com/token-economy/eqtblt.md).

# EQTBLT Token

EQTBLT is soul-bound earned ownership credit. It cannot be bought, sold, or freely transferred.

## Issuance paths

### `WORK`

1. A task defines scope, reward, and evidence requirements.
2. A member completes the work and submits typed evidence.
3. An authorized reviewer approves, requests changes, or rejects.
4. The dashboard records final approval idempotently.
5. The authorized v2 path mints `WORK` EQTBLT after deployment.

### `RENT`

Housing Loyalty applies to qualifying base rent under an active lease. The property schedule selects a 5–15% rate based on economics and demand: lower for high-demand/high-cost properties, 10% standard, and higher for rural, lease-up, or lower-demand properties. The lease stamps the rate until renewal.

Fees, penalties, and unrelated charges do not earn Housing Loyalty. Later schedule changes do not rewrite an active lease retroactively.

## Balances and use

The dashboard distinguishes accrued off-chain workflow state, confirmed on-chain balance, recent versus seasoned amounts, reserved amounts, and redeemed amounts. Cash liquidity is not a standing member right; any program is separately authorized, capped, and solvency-gated.

Contracts preserve neutral `WORK` or `RENT` provenance. Legal, accounting, housing, labor, and tax classification and reporting remain off-chain.

## Governance

Contributor power uses effective `WORK` EQTBLT through the current v2 square-root curve plus bounded rank and tenure weight. `RENT` does not buy governance power.


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