Thesiq / 101 · the flywheel
Show the rules.
Every thesis has a vault. It has no owner and no operator: its only position is the liquidity locked at breakpoint, and the only thing it can do is harvest that position's fees and spend them buying the token to burn.
- Live vaults
- 0
- Waiting to burn
- 0 ETH
- Spent on buybacks
- 0 ETH
- LP fees harvested
- 0 ETH
Showing default parameters · contracts unreachable
- 01
Trading volume
Waiting for the first trade
Believers buy the thesis; doubters sell it.
- 02
Trading fees
1% per curve trade
1% on the curve. Half of it goes to the thesis vault.
- 03
Thesis vault
Fills from the first trade
One onchain ledger per thesis. No owner, no operator.
- 04
Locked LP position
Locks at breakpoint
At breakpoint the pool's liquidity is minted to the vault and locked forever.
- 05
Realized fees
Harvested by anyone
Anyone can harvest the fee growth. Never the principal.
- 06
Buy + burn supply
Tranches every 2 min
Capped tranches buy the token from its pool and burn it.
- ↻ back to 01 — 0 tranches burned so far
Visible vault rules.
Curve fee
1%
Charged in ETH on every curve buy and sell, snapshotted per thesis at launch.
To the vault
50% of the fee
The rest: 30% to the creator, 20% to the protocol.
Breakpoint
Curve sells out
Raised ETH and the reserved supply seed the canonical Uniswap V2 pool at the curve's final price.
LP principal
Locked forever
Minted straight into the vault. No function can withdraw it; only fee growth above principal is harvestable.
Tranche size
≤ 0.25% of pool WETH
Below the 0.3% pool fee, so pumping the price around a tranche costs more than it can extract.
Price guard
±2% vs TWAP
Spot must sit near the pair's time-weighted price. Otherwise the turn re-arms instead of buying.
Cooldown
120s
Minimum time between tranches and the minimum TWAP window.
Keeper tip
0.5% of tranche
Paid to whoever calls turn(). Anyone can. No operator, no multisig.
Live vaults.
Anyone can turn a vault and earn its tip. The keeper bot does it too.
No live vaults yet.
A vault goes live the moment its thesis reaches breakpoint.
The ledger.
Every harvest, buyback and breakpoint across all vaults, newest first. Each line links to its transaction.
The ledger is empty until the first breakpoint.