Internal exchange · sustainable community

The Sovereign Exchange Unit (SV)

Within the community, resources are not exchanged with money. They are exchanged with SV – the sovereign exchange unit. It measures the value of a resource in the context of the community. The euro covers the costs of crossing the membrane between the community and the market.

What SV is

SV is a measure of value. It reflects the value of a resource in the context of the community. The formula by which it is calculated is part of the Mycelium protocol and is not publicly available. What is public is that the formula exists, that it is objective, and that it is applied equally to all members – including the founders of the platform.

SV is not money

In the community there is no accumulation, speculation or interest. SV is a measure of contribution and access, not of wealth.

What is exchanged

Every resource owned by a member of the community has a value expressed in SV. This includes:

Skills and training

Knowledge that a member can pass on to others – teaching, consulting, training.

Products and tools

Physical resources that a member owns and can provide for others to use.

Labour

Time and effort invested in activities the community needs to have done.

Consultation

Experience and guidance a member can give another member on a specific matter.

Exchange is direct – between people, not through a central authority. When a member provides a resource to another member, they receive SV. When they receive a resource, they give SV.

The membrane: internal and external exchange

The community is not isolated. It exists in parallel with the market model.

Exchange Medium Direction
Internal SV – sovereign exchange unit Member ↔ member
External Euro Community ↔ market

When the community needs an external resource – internet, technology, materials – it sells some of its shared resource and buys from outside. The funds for this exchange come from the contributions of new members.

The transfer percentage is not fixed. It depends on the type of resource, the direction of the transfer and the history of the member in the community. The formula is part of the protocol and is not publicly available. What is public is that the percentage exists, that it is objective, and that it is applied equally to all members.

The contribution for access – two equal paths

Every new member has two equal paths for access to the platform:

Both paths lead to the same thing – full membership with equal rights. There is no "better" or "easier" – there is a different way to contribute.

Path B – contribution through SV

Path B proceeds as follows:

The contribution goes to the founders because it restores the risk they took with their initial resource – time, technology, infrastructure. This is symmetrical with Path A, where the €50 also goes to the founders. It is not a profit. It is not a fee. It is a return on a real invested resource that has made the existence of the community possible.

Governance of the shared resource

The funds collected from contributions are used to restore the initial resource of the founders, to maintain the infrastructure and for external exchange. No one profits from them.

Decisions on their allocation are made by all members. The community has its own governance mechanism, described in the rulebook.

What happens when you leave

A person loses nothing when they leave. They simply lose access to internal exchange.

SV is not savings. It is a measure of access. When membership ends, access also ends – with no obligations, no losses.

Returning is permitted. The only exception is cases of violation of the rulebook and refusal of rehabilitation.

The rulebook

All Mycelium protocols – including the SV formula, the governance of the shared resource, the rules for leaving and returning – are described in the community rulebook. The rulebook is available to members after verification.

Analysis of the Mycelium model

The next page shows the measured values in a community that practices this model.

Analysis of the Mycelium model →