01
THE FEE BECOMES FLOOR
VAULT + ETH↑SWAP
Sells route ETH into the vault. Buys remove tokens from circulation. Either path improves backing per token.
RATCHET
FLOOR / ETH LIVE UNISWAP V4 ETHEREUM
—↑ ONLY
COVERAGE —
—
————NOW
AWAITING FIRST CLICK FLOOR = 0
FLOOR PRICE—0.00000000000 ETH
VAULT0.0000 ETH—
SUPPLY100,000,000RATCHET
BURNED0↑
PREMIUM—MARKET / FLOOR
01 / THE RULEMONOTONIC BY DESIGN
EVERY
CLICK
BUILDS.
The floor is not promised.
It is calculated.
vault ↑ or supply ↓02
LESS SUPPLY. SAME VAULT.
SUPPLY − TOKENS↑BURN
Burned RATCHET can never return. The denominator shrinks while every wei of backing stays exactly where it was.
03
FIVE PERCENT STAYS
FLOOR + VALUE↑REDEEM
A redemption destroys tokens and pays 95% of their pro-rata backing. The remainder belongs to everyone left.
02 / ONCHAIN SIGNALTHE FLOOR
THE FLOOR
IS MOVING.
SYNCING AWAITING CHAIN
—
awaiting deployment
FLOOR = VAULT / SUPPLYFLOOR EFFECT↑ ONLY
03 / INTERACTMAKE
MAKE
A MOVE.
Three actions. One irreversible direction.
Fees strengthen the asset you are trading.
TRADE ROUTEWALLET NOT CONNECTED
RATCHET CALCULATES↓
ESTIMATED OUTPUT0RATCHETpool not initialized yet
04 / VERIFY IT YOURSELFONE
ONE
RATIO.
No oracle sets the floor. No admin votes on it. The contract divides what remains in the vault by what remains in supply.
FLOOR
=
0.0000 ETHETH IN VAULT100,000,000RATCHET IN SUPPLY
LIVE RESULT—↑ ONLY
SELL FEE
+ ETHVAULT GROWS
UP ↗BUY FEE
− RATCHETSUPPLY SHRINKS
UP ↗BURN
− RATCHETSUPPLY SHRINKS
UP ↗REDEEM
5% STAYSVALUE REMAINS
UP ↗DONATION
+ ETHVAULT GROWS
UP ↗OPEN THE PROOF+
SWAP Sell fees grow the numerator. Buy fees shrink the denominator.
BURN Supply shrinks while the vault remains untouched.
REDEEM Only 95% of a pro-rata share leaves; the retained amount raises backing for every token left.
DONATE ETH enters the vault while supply stays unchanged.