A resident is an individual who has expressed the desire, and has been accepted to living in Raye, in accordance with the joining criteria, and who has, necessarily, acquired a place to live here (also see Living in Raye). Beyond the contributory and utilitarian terms, there are no time terms to the residency. The terms "resident" and "community member" may be used interchangeably.

The CF consists of the monetary assets commonly held by the community of Raye. Additions to the CF are in the form of amounts paid back by residents for residential or commercial mortgages, and in the form of mandatory and voluntary contributions. Payments from the CF could be made for work and contributions provided by residents (e.g. content, development, maintenance or administrative work), subsequent to their mortgage pay-off, as well as for any welfare, if approved. Also see Living in Raye. Raye may not borrow funds and the CF balance may not fall below the Ratio limitation (see below). The CF balance does not include the outstanding mortgages amount. Upon Raye's establishment, the starting balance of the CF was 0.

Raye's common assets consist of the Common Fund and all the tangible and intangible assets commonly owned by the people. Part of the tangible assets, the real assets consist of the commonly held land and everything built on it (also see "Monetary").
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Raye's 42 square miles territory was acquired, as mostly bare land and an idle village, through the daring efforts and indebtedness of the Founding Group (FG). A small, modular power plant and a water utility were subsequently added. The acquisition was made in the form of a perpetual territorial lease, with the bulk purchase made upfront, and a small "territorial fee" imposed yearly for land access and mandatory environmental and defense provisions. About 2 dozen villagers chose to not take the payout and leave, but to remain, instead, under a dual-residency clause. The accord with our host country guarantees Raye's ownership of the land as long as we cover our dues and mind our own course, and it was also recorded with the World Court. While that can only mean that much, it is the very best the FG could secure. Raye is free of any claims and liens from inside or outside entities, otherwise.
Except for its living premises and several parcels, the FG donates the realm of Raye to the community, which is the FG's "raison d’être". To safeguard early development, the FG handles the tasks of the Office and serves on a number of Council seats (see in Hall).

The community of Raye may make loans to its members only in the form of mortgages for acquiring properties from the common real assets. The mortgages do not carry interest and, except for commercial mortgages, they do not carry time-terms. Also see "Private Banking".

The Raye Currency Unit (RCU), or simply "unit" (e.g. 100 RCU or u100), is the only form of currency in use and it is not currently exchangeable with other currencies. It is pegged at 10 RCU = 1 hour of a machine programmer's routine work. Raye (i.e. the community of Raye) may only issue currency by monetizing its common real assets, in accordance with any demand. The Monetary Base (MB) at a given time is equal to the current amount paid back by residents toward the outstanding mortgages that they took from Raye's common assets. For example, resident A and resident B acquired home properties with mortgages from Raye and paid back u1,000 and u1,500 respectively, to date, which increased the MB by u2,500. Real properties, or portions thereof, unpaid for and repossessed by Raye, decrease the MB by their original valuation. Generally, Raye does not purchase new or redeveloped real assets. By definition, the maximum MB is confined to the realized monetization of all of Raye's common real assets. As Raye could make payments from the CF to residents who have a net positive fund balance, to compensate for additional work, or other transactions (see Living in Raye), the CF balance = MB balance less CF expenses. The currency in circulation amounts to the sum of the expenditures out of the CF.

The community's Recorder registers all personal and private funds and validates all monetary transactions in Raye. It does not hold any currency, and it may not disclose information to 3rd parties, including Raye's Office, unless transactions discrepancies require it. Your fund would have been automatically created when you became a resident, or when you registered a first transaction, or otherwise when you applied for opening a fund. By using the contact form and by specifying "Recorder" above the message body, parties inform the Recorder of a transaction's amount and counterparty (which could also be the CF). With the net balance necessarily amounting to zero, the Recorder applies the respective amounts to the funds of the selling and buying counterparties. As with all matters, Raye relies on the integrity of its residents and visitors.

The Ratio between the total balance of the private funds in the Recorder and the Common Fund balance is an indicator for the community's ability to make payments for net-positive residents' work (i.e. residents who have a positive fund balance after housing and living expenses), for development, and for other expenses. The Ratio may not exceed 3, and mitigations consist of reducing expenditures or further monetizing common assets.

Any financial arrangements between individuals and, or, entities are not subjected to the oversight or assurances of the community, although they shall always remain guided by Raye's Elements. Potential reasons for such arrangements might be: borrowing outside of Raye's mortgages, or pooling resources, or increased transaction anonymity. Any such group or entity (e.g. bank) would hold its private fund in the Recorder and may enter transactions on behalf of its clients/partners.

You joined Raye because you resonate deeply with our aspirations, which merge with the fundamental aspects of sustaining Raye's economy - currency included. Other reasons to gather RCU's include, all within Raye:
- to be able to reward (pay) other residents directly for their contributions;
- to make purchases from stores or the marketplace (currently electronic-deliverables only, or per private arrangements);
- to purchase ads space for internal or external (if approved) venues;
- to use toward further purchases, or development, of real property (i.e. site pages).

The CF is owned in equal shares by all Raye's residents (i.e. community members). In the unforeseen event of existential changes of Raye, the CF would be distributed accordingly. The common assets would stay with the remaining community, as the Founding Group, and arguably most members, may not envision a living alternative and would carry on.
In the simple event of a member parting ways, for any reason (also see Living in Raye), the member forfeits his or her share in the CF but is allowed a 1-month farewell period to use the currency from the personal fund, if any. During the same period of time, the leaving member may also attempt to sell, or donate, his or her home to another member and use the proceeds. If the home is not fully owned and it is donated, the receiving member carries the remaining mortgage forward. The community does not repossess homes. After the farewell period, any remaining currency in the personal fund is transferred to the CF.

Non-residents may transact all goods and services in Raye, with the exception of real assets (as defined in "Common Assets", above). Just as residents do, non-residents need to hold an account with the Recorder (see above) to register transactions. A non-resident's account balance may not exceed 500 RCU.