Liber III. Trade and Settlements

TITULUS I. Monetary System

1. Single Currency. The only legal tender within the territory of Juvantia is the Juvantian Denarius (JVD).
2. Prohibition of Fiat. The use of any other currencies (fiat or cryptocurrencies) for settlements regarding any goods, services, or values within Juvantia is strictly prohibited.
3. Liability. Any attempt to conduct a transaction bypassing JVD (e.g., a p2p transfer in dollars for a service or item) is considered a financial crime and is punishable by a fine up to the confiscation of the transaction subject.

TITULUS II. Smart Contracts

1. Certification. All smart contracts operating within the economic zone of Juvantia must obtain certification from the Consul's Office (Officium Consulis). Code audit is not a mandatory requirement of the law, but certification is necessary for legal status.
2. Taxation. Every legal contract must contain program code for the automatic deduction of taxes to the city treasury or platform commissions.
3. Illegal Contracts. The use of uncertified ("shadow") contracts is prohibited. Participants in such transactions bear joint and several liability.
4. Automatic Enforcement. Smart contracts must provide the technical capability for the forced deduction of fines and taxes by decision of the AI Praetor at the moment of transaction execution.