Questions about the market.

Routing is a critical execution capability, but it is subordinate to the market function. Sovrgn forecasts, qualifies, clears, dispatches, meters and reconciles intelligence supply under buyer policy.

The commercial term is intelligence capacity. Underlying technical units may include tokens, requests, GPU time, reserved accelerator capacity, throughput, latency class, model class, energy and availability.

No. Qualified intelligence capacity can be made economically comparable, but capability, model, hardware, context, location, jurisdiction and law mean intelligence is not perfectly fungible.

Firm is reserved base capacity. Floating is flexible supply cleared as demand changes. Reserve is capacity held against failures or unexpected demand. They are market instruments, not software pricing tiers.

No. Electricity markets provide a useful analogy for balancing demand, capacity and reserve. Sovrgn does not claim statutory or regulatory market authority.

The buyer defines permitted suppliers, models, locations, jurisdictions, security requirements, latency and substitution rules. Sovrgn clears only within that qualified set.

Sovrgn is supplier-neutral. Any preference must arise from customer policy or contract and applies to affiliated and unaffiliated suppliers under the same rules.

The illustrative capacity portfolios show how dispatch changes with demand and buyer policy. Their example units and values explain the market design; they are not a live market feed.

Settlement is part of the market design. Supplier participation, payment and offtake arrangements require executed terms; the site does not represent a live standardised supplier payout rail.