EETF-gated scarcity-upside exclusion
Let M be the scarcity multiplier, R the funded
direct-reward coefficient, L the scarcity-upside coefficient
available only to the EETF-eligible branch, and G the complete
bounded deviation gain available to the excluded branch. If exclusion is
enforceable and G < M(R+L), every exact maximizer over the
declared alternatives selects eligibility. For integers with
R+L > 0, the least strict multiplier is
floor(G/(R+L))+1.
The historical placement U_eligible=M R and
U_excluded=G-M L has the same ordering. Adding
M L to both alternatives gives the normalized no-debit form
above. Upside shared by both branches cancels, so enforceable exclusion is
essential.
Version 1.1 remains a separate generalization under
M(t)K(t) > B(t). It adds compliance cost, optimizer error,
and time-varying relative-growth cases; it does not replace a V1
deployment whose concrete premises fit.
The uncorrected 16-page paper is preserved
The exact original academic paper from Git commit a28695f is
published as a historical artifact. Its SHA-256 is
f5dca5a1e7bcd069441f16410664cdecac3eeebe4a5af8f128dd0efa7043c8bc.
The original wording supplies provenance; this page states the current
checked claim and corrections.