Reserve
After bonds are paid, 15% of what remains goes to the reserve. pox-5 has no path from the reserve to bonds: transfer-from-reserve is private and never called. In a shortfall the deposit is zero and the reserve stays flat.
Balancemirrored
1.527 BTC152,669,889 satsmainnet pox-5 calculate-rewards event, tx 0x4a0218d7b13de29ae47015e72345876d362c47159216675d40d03cd09ad1cc5d: reserve-balanceHypothetical covermirrored
5.52 cyclesreserve ÷ (2 × what bonds are owed per interval)reserve-balance ÷ (2 × obligation), distribution 286Statemirrored
Not drawinglast deposit +32,477,641 sats (distribution 286)mainnet pox-5 calculate-rewards event, tx 0x4a0218d7b13de29ae47015e72345876d362c47159216675d40d03cd09ad1cc5d: reserve-depositHypothetical cover: 5.52 cycles — reserve cannot currently pay out (requires SIP). The figure compares sizes; it is not a payout schedule.
Balance after each distribution
mirroredReserve balance after distribution (BTC)
reserve-balance from each calculate-rewards event; deposits equal the reserve delta in pox-5 state exactly