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P3 complete. 8 docs/freeholders/ pages (signals, standing, stands-guilds, councils-voice, bonds, partner-spectrum, anchor-preview, index) + 2 docs/reference/ pages (architecture, components). Docs firewall green across all 26 docs pages. Full docs deliverable (README + mkdocs.yml + 26-page site) complete — REQ-027 complete. ---ci--- project: oy phase: 3 milestone: v0.3 status: complete tag_base: v0.2.x phase_role: execution requirements: covered: [REQ-027] partial: [] ---/ci---
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Freeholders
A Freeholder is a Holder who has earned all four Freeholder signals (REQ-005): a 90-day Stash, a Standing threshold of 4.5★ or higher in 3 categories, the Capital signal, and the Vouch signal. A Freeholder is the active participant in the OpenYield mesh — they sit in Stands & Guilds, vote in the three Councils & Voice, issue Bonds, and relate to the four-tier Partner Spectrum.
The four signals
The signals are the gate to Freeholder participation. They are deliberately heterogeneous — no single input can be pumped — so the path resists gaming:
- Signals — the four Freeholder signals (REQ-005): 90-day Stash, 4.5★+ in 3 categories, Capital, Vouch.
- Standing — the Bayesian anti-gaming formula (REQ-006): Bayesian prior + time-decay + diversity + voucher-weighting − slashes.
- Stands & Guilds — the nine Stand types (REQ-016) and Guilds with free Hand-Passes (REQ-017).
- Councils & Voice — the three Councils and the non-amendable Mission Lock (REQ-011).
- Bonds — the Mesh Bond Market, the 8% coupon cap / 0% floor (REQ-021).
- Partner Spectrum — the four Partner tiers (REQ-018): Op, Master Op, Pier, Anchor.
- Anchor Preview — the first institutional Partner tier (REQ-023), coming in v0.3 P4.
What a Freeholder does
A Freeholder is a Holder who has crossed the signal gate. From there the mesh opens: a Freeholder joins a Stand (or forms a Guild), votes in the Councils with multi-source Voice, issues or holds Bonds under the mission-locked coupon cap, and engages the Partner Spectrum — including the Anchor tier coming in v0.3. The covenant is the same for every audience; the Freeholder pages describe how it shows up in governance and capital.