The cohomological equation and cyclic cocycles for renormalizable minimal Cantor systems

For typical properly ordered and minimal Bratteli diagrams $(B,\leq_r)$, it is shown that there are finitely many invariant distributions $\mathcal{D}_i$ which are the only obstructions to solving the cohomological equation $f = u-u\circ \phi$ for the corresponding adic transformation $\phi:X_B\rightarrow X_B$ and for $\alpha$-Hölder $f$ with $\alpha$ large enough. These invariant distributions are then used to define cyclic cocycles, a.k.a. traces $\tau:K_0(\mathcal{A}_\phi)\rightarrow \mathbb{R}$ for the crossed product algebra $\mathcal{A}_\phi$.