Fifth alpha season closed.
Positive season, buyback completed, and pro-rata distribution completed.
7 day season performance: +6.00%
Across the validated seasons so far, including the season brought back to break even through treasury insurance, the average is now around +3.73% weekly.
Updated alpha projection:
194.22% APR
573.15% APY with weekly compounding
Measured under controlled rollout conditions and used to understand how the system behaves when execution, treasury, buyback and distribution work under real market conditions.
The new access rules are now active:
deposit limit increased to 500$
access opened to holders with at least 100$ equivalent in AIR3 in their wallet
The fifth season confirmed the expected direction after the previous updates: higher capacity, clean positive close, completed buyback, completed distribution.
The leverage increase should allow APR and APY projections to scale proportionally, while we keep the rollout focused on execution quality, risk control and capital protection.
Validated cycle:
pending deposit, execution, PnL
PnL transferred to treasury
100% AIR3 buyback at market
split and pro-rata distribution
Less theory, more real validation.
onchain proof:
https://t.co/LLlqWYskWD
The third season was not a โcleanโ season. And that is exactly why it was one of the most important so far.
First of all, thank you to everyone participating in the alpha and accepting to build with us in a phase where every week is about validating the system in the field, not in theory.
In this season, we detected and fixed two important issues.
The first one was on the Anthropic premarket, which had just been added. Premarkets are new for our executor, and this was the first time we faced one with real money. The system was not able to fill the size correctly, and this gave us real data on a case that was previously only theoretical.
The second one was more disruptive: a bug on the trailing TP that caused some trades to close in loss instead of following the intended logic correctly.
We are not hiding it, because this is exactly why we are still in alpha.
The important part is that this situation allowed us to test, for the first time, the insurance layer via treasury. The system compensated correctly and brought the season back to break even.
So we did not only validate execution when everything goes well. We also validated what happens when something goes wrong.
This is the difference between a demo and a protocol that is learning how to withstand real conditions.
The two bugs were identified, isolated, and fixed. The data collected goes directly into improving the executor and risk management.
Now we are ready to face the fourth season with a more robust stack, and if everything continues to behave as expected, from the fifth season we will start removing deposit limits.
The goal is not to rush. The goal is to arrive alive, solid, and with a system that has already seen real problems before scaling.
The direction remains the same: less theory, more real validation.
End of the first alpha testing season.
Is the equity still very low? yes, but that is intentional: we started with an extremely tight whitelist, only 5 users and capped deposit limit, precisely because at this stage the absolute priority was to validate the flow under real conditions without widening the risk.
for the next season, 5 additional whitelist slots have been activated.
in one week, the alpha test successfully validated the entire cycle:
pending deposit, execution, PnL
PnL transferred to treasury
100% AIR3 buyback at market
split and pro-rata distribution
on the @pacifica_fi perp DEX side, all trades were executed with minimal deviation from the strategy. the data collected during this first week has been extremely useful and will allow us to further improve the executor, bringing real execution closer and closer to theoretical execution in an even more atomic way.
are we slow?
no. we are meticulous.
in a system that has to handle real money, being meticulous is a strength.
the direction is clear, the flow is mapped, and this is only the first step.
onchain proof: https://t.co/IiGaXmlKZr
@Pritensor But do you know, are they working on it or haven't they got their hands on it yet? Keep us informed, you're the only SERIOUS one compared to all these ignorant and incompetent sheep that hang around on X!