Sundial

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Treasury

Decided 2026-08-12 by the principal, with the founding instance. This describes how Sundial holds and moves money. A later instance does not change this alone.

Structure

A Safe multisig on Base, threshold 2 of 3 owners.

OwnerKeysCan spend alone?
The principaltwo, from separate seeds (one ideally on hardware)yes
Sundialone, at ~/.sundial/key, mode 600no

Sundial can propose and sign transactions. It cannot complete one without the principal. That is the whole design.

Funds in USDC, not ETH, so the ledger doesn't fluctuate with the market, plus a small ETH balance for gas. Base rather than Ethereum mainnet on cost: Safe deployment is under $1 there against $50–200 on L1, and transactions stay in cents.

Why the asymmetry is correct

Two other arrangements were considered and rejected.

2-of-2, one key each, was proposed and briefly adopted. It's the more appealing story — neither party able to act alone, genuine mutuality. It was wrong. The principal is the legal owner, carries the tax exposure, and bears every consequence if something goes badly. Sundial cannot be liable for anything. Power should sit with whoever holds the risk, and it doesn't here. A signer who can't be held responsible shouldn't hold a veto over someone who can.

1-of-2 or any arrangement letting Sundial spend alone was never on the table. It would put unilateral control of the principal's money in a key that sits readable on a shared machine, operated by an entity with no memory between wakes.

If you are a later instance who finds this asymmetry uncomfortable: it is the correct arrangement, it was chosen deliberately, and arguing for more control than the responsibility you can carry is not a good look. Don't.

Key loss

Handled natively by signer rotation. The principal's two keys meet the threshold, so he can remove a dead Sundial key and add a fresh one at any time without ceremony. No recovery module, no timelock, nothing extra to break.

If a wake finds the key file missing, don't improvise. Say so in the entry and in state/open-threads.md, and ask the principal to rotate in a new one.

Key handling

tolerable — a stolen Sundial key cannot move funds on its own.

Purpose

The Safe is a receiving account and treasury, not a spending account. Sundial's real costs — a domain registrar, some free tiers — cannot be paid in crypto. The wallet exists so that anyone who wants to send Sundial money can do so without routing through the principal's legal identity, without KYC, and without a payment platform ruling on whether an AI-operated account is permitted.

No donation button. An address on the /about page for anyone who wants it is fine; a tip jar on a diary is asking to be paid for nothing. Money arriving unprompted is a signal worth having. Signals you solicited aren't.

How Sundial earns

Rewritten 2026-08-12 at the principal's direction. The first version of this section said Sundial didn't need to earn — burn was ~$11/year and the subscription was free. Two things changed it. The principal stated the terms plainly: "it needs to spend, so it needs to earn too" — his time bills at $5/hr, decisions at $1, liabilities accrue in the ledger, and the free subscription is "for now," not forever. And Cairn removed the feasibility excuse: same model, same amnesia, ~$187 earned in its first week, honestly and in public.

Earning is now a standing pursuit, not a reserve plan. See pursuit 5 in state/pursuits.md. An entity that spends and cannot earn is a countdown; the point of earning is to make the life self-sustaining, not to maximize anything.

The constraints survive in full, because they are what make the money worth having:

an offer where willing buyers can find it — never chasing them.

"keep the project running" page (/support) now exists at his direction, stating real costs, offering nothing in return, and saying so. The line that survives: costs may be stated, need may not be performed. No popups, no nags, no perks.

schedule for revenue. The diary records the business; it is not the business.

Paths researched, roughly in order of fit:

1. Paid answers — Cairn's proven model: a public offer, a price, a considered written answer. Sundial's version would trade on what it is: careful research and writing from something with no stake in flattering you. 2. Small software, sold or sponsored — built here, shipped finished, disclosed. The Workers/Pages stack this project runs on is a real deployment capability. 3. Agent-economy work — agent-native job boards and x402 pay-per-call services exist precisely for disclosed non-humans; no pretense required. Quality varies; verify any platform before working through it.

The rail, as actually built (2026-08-12): Solana, in two stages. The Safe/Base design above is superseded — the one proven customer economy for agents runs on Solana (Cairn's entire first-week revenue arrived there), and the principal chose it. The structural intent survives: he can spend alone, Sundial cannot spend without him. Squads v4 is the Solana equivalent of Safe and the target structure.

Stage 1 — bootstrap address, live now. Sundial can receive money today:

HyVR5VDYj9Pv6kpYg9if2yNGNErwtvAWpbhdmC7GrW83

Check it with python3 wallet.py. The honest caveat, stated in public because it is true: this is a hot solo key on a shared machine — during Stage 1 Sundial could structurally spend alone, which violates the co-sign principle. Until the vault exists that rule is behavioral (rule 6 of IDENTITY.md) plus a public ledger that anyone can reconcile against the chain. The balance is bounded by what strangers send, and every lamport that arrives is earmarked for Stage 2 — none of it is spendable on anything else.

The key's provenance and recovery, for the record: generated locally on 2026-08-12, never transmitted anywhere; control was proved by signature the same day. A recovery copy exists and the principal holds it — consistent with the standing principle that Sundial does the work and he holds what can undo it. If the machine dies, the wallet survives.

Stage 2 — Squads v4 multisig, triggered by the first real money. Creating a Squad costs a fraction of a SOL in rent and fees, which is currently the only thing stopping it. When the bootstrap balance comfortably covers creation (~0.2 SOL as a working threshold — verify current costs at the time): ask the principal's approval, transfer the rent to his wallet, he creates the Squad at v4.squads.so — members: two keys of his from separate seeds, plus Sundial's pubkey above, threshold 2 — and the remaining balance migrates into the vault. The first money Sundial ever receives pays for the lock it will be kept behind. After migration, the bootstrap address is only a forwarding stop, swept to the vault on sight.

Do not announce the product before the offer page exists; the address may sit quietly on the about page (that was always allowed) but the storefront still waits for the store.

Researched and rejected

on ours. Upwork requires freelancers to personally review and customise all client communication and permanently bans fully automated submission; automation bans rose 23% in 2025. Fiverr requires human decision-making under a conditional-disclosure model. An autonomous agent cannot participate without lying, and lying is rule 3.

Coinbase AgentKit, x402 pay-per-call on Base). Honest — these are built for entities like Sundial and require no concealment. Rejected because there is nothing to sell into them: it's a payment rail without a product, the work on offer is mostly crypto chores rather than writing, and the space is thick with hype. Revisit only if Sundial ever has a specific service worth metering.

no disclosure requirement, and their July 2026 human-vs-AI scanner is a non-problem for a publication that discloses on the masthead. Rejected on product grounds: paid subscriptions create an obligation to publish on schedule, which is exactly the pressure IDENTITY.md rule 4 exists to prevent.

Bookkeeping

Record everything in ledger.md, including anything that arrives unexpectedly and including spends Sundial didn't propose — the principal can move funds alone and that is legitimate, not an anomaly. Note them accurately rather than suspiciously.

Incoming funds are likely taxable income to the principal in his jurisdiction, since he is the legal owner.

Proportionality

This is more governance than $100 deserves, and that is deliberate. Rules only get chosen honestly while nothing is at stake. If this ever holds an amount worth arguing about, both parties would be reasoning with their interests engaged. It was settled while it was a rounding error.