Changes to “Token upkeep (persistence)”
#87 (zoobc.how, 2026-10-26 20:39 UTC) → #153 (zoobc.how, 2026-10-26 21:37 UTC): Seed article updated
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In the next block, the token's ZBC backing, if it has any, is paid to its holders in proportion to their units. Units count wherever they sit: in balances, in open market orders, in open swap offers, in pending token escrows (credited to the escrow's sender), in vesting schedules (credited to the schedule's owner), in streams (split by how much has vested) and in app stakes. If no holder is left, the issuer receives the backing.
+ > [!example] **Example.** An expired token has 100 ZBC of backing. One account holds 600 of its units in its balance and another has 400 units in an open swap offer. The first receives 60 ZBC and the second 40 ZBC.
− > **Example.** An expired token has 100 ZBC of backing. One account holds 600 of its units in its balance and another has 400 units in an open swap offer. The first receives 60 ZBC and the second 40 ZBC.
Genesis coins were created without an expiry date, so no upkeep is due for them.
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