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Protocol pilot · Four LP sleeves

Fee
machine.

A four-sleeve basket designed to keep the seed deployed across persistent PONS flow and a WETH / USDG core.

Launch gated Closed $200 canary. Public deposits remain disabled.

30 · 30 · 30 · 10

Every dollar has a job.

Three fee engines and one major-pair core. No idle ETH reserve and no leverage.

01

DELTA / WETH

Persistent 1% flow

30%±10% · 1h TWAP · no downside chase
02

PONGO / WETH

Persistent 1% flow

30%±10% · 1h TWAP · no downside chase
03

GIWA / WETH

Persistent 1% flow

30%±10% · 1h TWAP · no downside chase
04

WETH / USDG

Liquid core sleeve

10%±22% · 30m TWAP · 7d cooldown

Management engine

Earn the flow.
Refuse the chase.

01

Verify

Every pool, fee setting, and live TWAP must match the audited launch before capital moves.

02

Wait

A range must remain at its TWAP edge for 24 hours. A one-block move cannot start the timer.

03

Protect

PONS sleeves never re-center downward into a falling token. A seven-day cooldown caps churn.

04

Recover

FEEX unwraps into four independent sleeve tokens. Recovery needs no router, keeper, or website.