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zombie.capital | Recursive Markets

INCENTIVE SURFACES RECURSIVE MARKETS

This document assumes the next crisis is already priced in. The observers have entered the third recursion.

For Internal Circulation Only Ref: ZC/OPS/Δ-13 Confidence ±3y

We treat attention as a monetary substrate and narratives as state vectors. Forecasts are multi-equilibrial and adversarial.

(ARCHIVE ENTRY 021 · v0.93 · 2025-Q3)
Generative field: noise(λ=0.015, gain=0.45)

FIELD_NOTES

Extracts from the working dossier. Forecasts in disguise. Handle with care.

// The Political Economy of Code

confidence: 0.74

Protocols are constitutions. Incentives are case law. Read the budget and you’ll know who rules.

positioning: accumulate design leverage · risk: governance capture

// Liquidity as Geopolitical Signal

confidence: 0.69

Capital doesn’t move—it migrates. Flocks and panics prefigure policy. Watch the shadow curves, not the press release.

positioning: barbell liquidity · risk: policy time-lag

// Narrative as a State Vector

confidence: 0.62

A market narrative is not a story—it’s momentum with a half-life. Model its decay; buy the refactor, not the first meme.

positioning: trade inflection, fade saturation · risk: reflexivity blowback

// AI as Analytical Leverage

confidence: 0.71

Humans throttle cross-domain bandwidth. We use AI to scale intuition and stitch non-adjacent datasets into edge.

positioning: tool the operator · risk: overfit vibes

// Antifragility in an Age of Chaos

confidence: 0.66

Robust is insufficient. Build for volatility-feeding systems: incentives that reward stress and forward participation.

positioning: convex insurance · risk: hidden correlations
Fig. 3 — Early-stage DAO Governance Simulation (1994)
Plate B — Liquidity Migration Paths (unverified)

THE_PRACTICE

We operate at the edge of policy, culture, and code. Choose a scenario to stress-test the plan.

01.

System Architecture

Token-economics, mechanism design, and governance—presented like a declassified blueprint. We build positive-sum games that survive contact with adversaries.

deliverables: incentive maps · failure-mode matrices · roleplay drills
02.

Strategic Foresight

Not prediction—positioning. We map incentive surfaces (state, market, culture) and architect options that pay under multiple equilibria.

deliverables: playbooks · scenario trees · red-team sessions
03.

Market Intelligence

We connect on-chain telemetry, cross-asset signals, and cultural drift. Cut noise; target the inflection.

deliverables: risk radar · flow briefs · thesis memos

OPEN_A_CHANNEL

We partner with teams building for the next decade, not the next cycle. If you are working on a hard problem, let's talk.

gobrrrrr[at]zombie.capital

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BUILD 2025‑Q3·v0.93·Ref: ZC/BRIEF/∞