The commit is the proof
The dev has already let go. From here the engine starts counting who holds what, and the clock on this page starts telling the truth. Nothing in any later state hands it back.
// what actually happens
- The pool takes the amount and the bounty. A native round sends the amount plus the bounty as value. A token round sends only the bounty as value and pulls the amount by allowance.
- What actually landed is measured. A token that keeps part of every transfer delivers less than it promised, and the whole commit reverts rather than being found out later, after the committer has gone.
- The fee comes off first, the burn share off what is left, and the rest is the pot. All three are fixed at this moment and written into the round.
- A moment in the past means now. The round becomes due at once instead of failing.
- One event carries every term, including the excluded addresses and the note. Those two live only in the event, which keeps the round cheap and the receipt complete.