Documents
Token Exchange and CRD
Understand supplier earnings, consumer spending, and why exchange depends on real demand.
Token Exchange is demand-driven routing, not a fixed exchange promise. A supplied key earns CRD only when real consumer traffic successfully uses that capacity.
How suppliers earn CRD
- A source enters the routable pool after evaluation and agreement.
- When a consumer calls a target model, the Gateway selects a healthy, signed, eligible source at a viable price.
- On success, the consumer is charged CRD, the supplier earns CRD, and ApiCall plus CreditLedger evidence is written.
GLM for Claude is not instant conversion
If you supply GLM but current GLM demand is low, Fluere does not promise immediate Claude capacity. You can fund CRD or receive staff credit to consume Claude now while keeping GLM connected as future supply.
Routing price policy
- At the same quality level, lower acquisition price routes first.
- If a source acquisition price is higher than the current sell price, it should be out of pool or heavily down-weighted to avoid negative margin.
- Later supplier-side pricing lets suppliers lower their own price to increase utilization, turning price changes into market behavior instead of staff-only overrides.