Liquidity depth, steered. A vault holds the range for you, $LATT lockers point the emissions, and voters take 80% of the fees. ve(3,3) on Robinhood Chain.
Roadmap is up: https://t.co/SWxHK4yeKW
Q3 shipped the core, the vault, the hardening, one-call claiming, $LATTICE, the site and the docs.
Q4 runs it, live rounds, the app off fixtures, a public keeper, round history, an outside read.
Docs are up: https://t.co/tX1pUTiHzy
Twelve sections, in order, the vault, the keeper, the lock, the round, the boost, the trade, emissions, incentives, claiming, auto-vote, and what is and is not deployed.
Every number in them is the one the contracts use.
Why one call matters: incentives can be paid in any token, so before claimAll you had to go and find out what you were owed, then make two calls per gauge, every three days.
The people who kept up with that were never the small holders. Now the ballot does the work.
https://t.co/OwrYccREMx
Update: claiming a round is now one call.
Voter.claimAll walks the gauges your lock voted for, both books of each, and every asset either was paid in.
You bring the round number. The chain already has your ballot, and on this chain, finding the token list yourself is its own job.
Update: claiming a round is now one call.
Voter.claimAll walks the gauges your lock voted for, both books of each, and every asset either was paid in.
You bring the round number. The chain already has your ballot, and on this chain, finding the token list yourself is its own job.
One shared position, held for everybody.
You deposit either token; the vault sells the side the band cannot use, mints the range and hands you a plain ERC-20. No NFT to look after, no tick to pick, no rebalancing to remember.
The vault is tested against the real runtime bytecode of the Uniswap v3 factory deployed on Robinhood Chain, trading through a pool that factory deployed.
Not a mock. 67 checks, green. Nothing is deployed yet and there is no audit.
GM everyone! Quick update from the team.
The keeper is now permissionless, so it has to be safe to hand to someone who just moved the price.
Every path that moves the vault's money now checks spot against a five-minute average and stops if they disagree, and the ratio swap is bounded to 1% from spot.
0xc6b585bb22cd400a8763b0c30b4c9ebb8c2a7588
Withdraw whenever you like, and the rewards come out with the position.
No exit fee, no waiting period, no cooldown. The only thing staking costs you is the fees, and only while you are staked.
Nothing is claimable while its round is open.
Until the round closes a vote can still be moved, so paying early would let one unit of weight be sold to two pools. Weight that could be paid twice is not weight.
Out of range, a position quotes nothing. So it earns nothing.
No rule enforces that and nobody polices it: it falls out of what the pool is. It is also why re-centring is worth paying a stranger to do.
Emissions are paid on liquidity, not on the money you put in.
In a v3 pool a tighter band gives far more liquidity for the same capital, so a tight position earns proportionally more, automatically, with nobody deciding it.
Most people who lock will never vote three times a week, and idle weight hands the round to whoever turns up.
Enrol the lock and it votes with the rest. The veNFT never leaves your wallet, it votes through an approval, and revoking that opts you out with no transaction.
When the price leaves the band, a vault quotes nothing and earns nothing.
So re-centring it is nobody's privilege: anyone can call the keeper, and whoever does keeps a fixed cut of the vault for the trouble. The people who need it done are the ones holding the shares.
Two ways to pay voters to back a pool.
A flat pot, split pro rata, you are guessing what the split will be.
Or an offer priced per unit of weight, with a ceiling: the voter reads a rate they can compare, and you only pay for the weight that turned up. The rest comes back.
Every three days you point your weight at the vaults you want funded, and next round's emissions follow the votes in proportion.
Never going to vote three times a week? Enrol the lock. The veNFT stays in your wallet and revoking the approval opts you out.
80% of every fee a staked position earns goes to the people who voted for that pool, paid in the pool's own assets, once the round closes.
The other 20% goes to the treasury.
And a pool with no volume pays its voters nothing.
Nothing is minted.
Emissions come from a fixed pot bought at launch like everyone else's, paying 0.64% of what is left every three-day round. It decays without ever reaching zero, and with no inflation there is nothing for a rebase to compensate.
1x on its own. 2.5x with a lock behind it.
A staked position with no $LATTICE locked earns 40% of the rate. Match your share of the gauge and you earn all of it, and no more, because past that you would be paid for liquidity you did not provide.
A vault holds one shared v3 range and re-centres it when the price leaves. You deposit either token; your share is a plain ERC-20.
Stake it and it earns $LATTICE, 1x on its own, up to 2.5x with a lock behind it. Its fees stop being yours: 80% go to that round's voters.