Ownership Desk

Paper

Bench · paper Meteora DLMM pool · backtest v3 rules

Set the
riders.

The paper pool starts in USDC and waits left of the hook, from 8% to 30% under NAV. What it buys there sells back in the same bins when the price climbs, still under NAV: a round trip, paid in fees. Each week the hook steps down by the monthly allowance, and it snaps back to every official 01R NAV.

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01Token

The 12 tokens of backtest v3, the ones with hourly history. Up to 10,000 paper USDC per token. No wallet, no deposit, nothing leaves this page.

02Bid riders, under NAV

Never below 30% under NAV. USDC spreads flat over 0.5% bins.

03Ask riders, over NAV
04Tokens the bids buy
05Your own tokens on the ask side

Precomputed at 0, ¼, ½ and 1× the USDC side, valued at the first close. Any amount snaps to the nearest of the four.

House rules, always on

  • No bid below 30% under NAV.
  • NAV steps down each week by the monthly allowance and snaps back to each official 01R NAV, counted 5 days after its report date.
  • Bids pause when the last official 01R NAV is more than 45 days old. The USDC waits. Before a token's first official NAV, the pool uses the ICO NAV stepped down by the allowance, with no pause.
  • The pool stays near 5% of the token's liquidity on each date, read from the MetaDAO pool reserves day by day. New bids stop at that line and the rest of the USDC waits. Small pools start under 10,000 USDC.
  • Fees paid in the token go to the ask riders. Fees paid in USDC are set aside, never re-bid.

Backtest on these settings

Backtest output, paper only. Past paper results are not a forecast. Fees are an upper-bound estimate: they assume routers send our pool flow in proportion to its depth on unchanged volume.

Layout at today's NAV

Price ladder