CAPITAL.

Capital owners and allocators: timing, concentration and strategic exposure when diversification is only apparent.

This surface is the next scale test. The mechanism is invariant; the institutional meaning, decision boundary, role and GUARD / CREATE expression will be mapped here.

ALL SURFACES →

DEPENDENCY→SURFACE Capital→INSTITUTION

DEPENDENCIES MAPPED TO THIS SURFACE

RDM-03 ·

Institutional meaning on this surface ()Infrastructure and data-centre capital may be priced as diversified while sharing one grid-side failure mode.

Candidate decision boundaryDoes the diversification assumption across digital-infrastructure holdings survive a shared grid dependency?

ExpressionBOTH (concentration guard, dependency-aware allocation)

Roles to be discovered from public role evidence in the scale test; not pre-assigned.

The mechanism, its evidence states and its sources are identical on every surface. Only the institutional meaning, decision boundary, role and GUARD / CREATE / BOTH expression change.