A lease is a key created with a two-minute lifetime, which fails while another holds it: the bus's own compare-and-set keeps one rotation source (ADR 0183 §6). An offered grant's outcome is kept under its fingerprint in the key form for 90 days, every outcome kept. Builds: design 39 bus-and-switch §4, §5, B13 Claude-Session: https://claude.ai/code/session_01NcbgfHb9d4T9nq5Q6WqdiJ