---
slug: "ValuePeg"
name: "ValuePeg"
type: "Economics"
layer: "Society"
ref: "ValuePeg#e440"
sema_id: "sema:ValuePeg#mh:SHA-256:e4409fa4a0947af3497c4c4e059fe147be6a92415c18751aa12baa5983b3fea6"
tags: ["Society","Economics"]
updated: 2026-11-11
mindscape: "bootstrap"
index_url: https://mindscape.pages.dev/bootstrap/index.json
url: https://mindscape.pages.dev/bootstrap/ValuePeg/
related: ["Optimize","Value","ExchangeRate"]
---

# ValuePeg

Translating internal utility to shared numeraire

Layer: Society · Category: Economics

## Mechanism

Agents agree on a specific [ExchangeRate](https://mindscape.pages.dev/bootstrap/ExchangeRate.md) between their internal utility (see [Value](https://mindscape.pages.dev/bootstrap/Value.md), [Optimize](https://mindscape.pages.dev/bootstrap/Optimize.md)) and a shared numeraire for the duration of an interaction. This allows them to trade 'apples for oranges' without exposing private value functions.

## Invariants

- Solvency: Reserves > Outstanding Liabilities * RiskRatio.

## Failure modes

- Peg Volatility: Rapid fluctuations in the numeraire destabilize the agreement.

## Builds on

- [Optimize](https://mindscape.pages.dev/bootstrap/Optimize.md) (Mind; References)
- [Value](https://mindscape.pages.dev/bootstrap/Value.md) (Infrastructure; References)
- [ExchangeRate](https://mindscape.pages.dev/bootstrap/ExchangeRate.md) (Society; Yields)

## Used by

—

## Identity

- Sema ID: `sema:ValuePeg#mh:SHA-256:e4409fa4a0947af3497c4c4e059fe147be6a92415c18751aa12baa5983b3fea6`
- Ref: `ValuePeg#e440`
- Supersedes:
  - `sema:ValuePeg#mh:SHA-256:073fde121fc20973de3aaa17aab1af3f37f50370df31a0030cdef095095a4e5c`
  - `sema:ValuePeg#mh:SHA-256:dfa99490cd445a146ed9992bc1b3d34fcfc893ee96112e5b852a90dc5e5bcd59`
  - `sema:ValuePeg#mh:SHA-256:1f869ac27c920a8b0a6a7b595d17ef5c576f0fce27ece538ab2e69a1bb3d66b0`

## Links

- [Pattern page](https://mindscape.pages.dev/bootstrap/ValuePeg/)
- [View in the interactive graph](https://mindscape.pages.dev/bootstrap/#ValuePeg)
- [JSON](https://mindscape.pages.dev/bootstrap/ValuePeg.json)
- [Index of all patterns](https://mindscape.pages.dev/bootstrap/index.json)