when the fullness value exceeds what the current rules require to carry, the excess is wasted. waste is a buy of varn on the open market using the excess, converted back through an intent, followed by the removal of what was bought from circulation. the organism does not hold what it buys. the buy is a consequence of being full, the way heat is a consequence of work.
waste is triggered by state, not by time. a feed that pushes fullness over the carry threshold causes waste in the same step. nothing waits for a schedule. the market below is what the waste lands in.
the twenty largest token accounts as the chain reports them, largest first. the organism is not one of them. what it buys, it removes.
it is not a reward. nothing is sent to holders. it is not a floor. the organism does not defend a price and does not know one. it is not a schedule. it happens when the number is high enough and at no other time.
it is the one place the inside touches the outside, and the amount that crosses is not published. you will see a buy. you will not see how full it was.