FIFO: First In, First Out

Timism will FIFO repay lifehour warrants from cashflow. From monthly surplus profits, supporters' warrants will be redeemed via PayPal (or equivalent). Large warrants will be paid at a maximum of $10,000 per FIFO cycle from outstanding warrant balances (e.g., if account has $25,000, $10,000 will be paid with a $15,000 remaining for the next FIFO round). When all warrants are repaid, monthly dutch auctions will be held for supporters to trade lifehour credits. Credits can also be traded as barter units.