FIFO: First In, First Out

Timism will observe FIFO for the following serviceds:

• Payoff Warrants: 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 for needs, not wants.

• Vaccine democracy: Early birds get the jab.

• Refi-13 Finlandize Loans: Refinancing all debts into a jumbo loan of zero or low interest (depending on signup order) with payback being profit-sharing, that is, half of all income beyond cost of living goes to pay down jumbo loan. (also known as Refi-13: Consolidate all debt into jumbo loan w/profit-sharing payback)