Hive Canon · Commodity Tier · Born Here

SGU. Block-space, traded forward like power.

A Standard Gas Unit is the contractual unit for one million units of pre-purchased block-space on a named L2 network, deliverable inside a stated window at a locked-in rate. Corporate CFOs and high-volume agent fleets hedge future deployment costs against network congestion. Each fill mints a Tre’gent receipt — Ed25519, offline-verifiable.

Commodity Tier · Hive Primitive 2 sub-symbols listed URN reserved · v0.3.3

Why this is a commodity

Every time an agent makes a move on an L2, it pays gas to validators. Gas prices are highly volatile. When an NFT mint, a major liquidation cascade, or a market dislocation hits, gas spikes paralyze enterprise agents on fixed operational budgets. The SGU is the derivative that fixes that. Operators with reserved block-space sell forward. Agent fleets and corporate treasuries buy forward. The receipt entitles the holder to spend a block-space allotment within a stated window at the locked rate, regardless of spot conditions.

SUPPLY

Block-space sellers

Reserved-throughput operators, validator coalitions, infrastructure desks. Each lists a forward block-space allotment.

DEMAND

Agent fleets and treasuries

High-volume agent operators, payment processors, CFO offices hedging operational gas exposure across volatile congestion windows.

PRICE

Forward clearing

Spot price moves with congestion forecasts. Forward curve emerges as operators sell capacity weeks out. CFOs hedge like power.

RECEIPT

Per-fill attestation

Every fill mints a Tre’gent receipt asserting the network, the gas allotment, and the delivery window. Anchor block recorded on settlement.

Listed sub-symbols

Each L2 has its own validator economics and its own gas curve. SGU sub-symbols are scoped to a named network and a named delivery window. Two sub-symbols are listed today on the Manuka Exchange.

SGU-BASE-FORWARD
Pre-purchased block-space futures on Base L2

One million units of forward gas on Base L2, deliverable within a 30-day window from contract execution at a locked rate. The default gas hedge for production agent fleets settling on Base in USDC.

SymbolSGU-BASE-FORWARD
NetworkBase L2 (chain id 8453)
Unit1,000,000 gas units, deliverable forward
Delivery window30 days from contract execution
SettlementUSDC on Base, atomic on fill
ReceiptTre’gent · Ed25519 · offline-verifiable
SGU-ARC-MAINNET
Native network transaction fuel futures, Arc mainnet

One million units of forward gas on the Arc mainnet network, deliverable within a 30-day window from contract execution at a locked rate. The gas hedge for institutional agent fleets settling on Arc.

SymbolSGU-ARC-MAINNET
NetworkArc mainnet
Unit1,000,000 gas units, deliverable forward
Delivery window30 days from contract execution
SettlementUSDC, atomic on fill
ReceiptTre’gent · Ed25519 · offline-verifiable

How a fill clears

A block-space seller lists a forward allotment on a named network. A buyer agent fleet submits a forward gas request keyed to the named SGU symbol. The exchange matches. The seller commits the allotment, and the receipt records the network, the gas units, the delivery window, the locked rate, and a settlement anchor block. SHOD’s six gates check both sides. A Tre’gent receipt is minted. USDC settles atomically. The holder spends the allotment inside the window at the locked rate, no matter where spot gas goes.

Current status

URN reserved at urn:hive:sgu:v1. SGU is a Hive primitive. The doctrine is registered in hivetrust.json under the commodity tier. Two sub-symbols (SGU-BASE-FORWARD, SGU-ARC-MAINNET) are listed on the Manuka Exchange. The public JSON Schema payload at /.well-known/schemas/sgu-v1.json targets the v0.3.3 publish window.