- Price
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- Reinvested
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Treasury protocol · Ink
What sinks to the deep is never lost.
A hoard of tokenized stocks that earns in the dark. Every ABYSS can surface with its share of it at any block, and the more who leave at once, the more they leave behind.
Live on Ink · 6 contracts verified · pool open
I
Something old lives at the bottom
Every market has a surface, bright, loud, and picked over. And every market has a bottom, dark and quiet, where the real weight settles and no one thinks to look. Most protocols live on the surface. ABYSS lives at the bottom.
Its reserve is not idle coin waiting to be farmed away. It is three chambers of tokenized stocks held on Ink, whose dividends are reinvested into the wrappers themselves.
- Price
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- Reinvested
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- Price
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- Reinvested
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Read live from Ink. Price from each Uniswap v3 pool against USDG; reinvested dividends from the wrapper's own convertToAssets.
II
One current sets the depth
ABYSS reads exactly one signal: the net ETH moving through its own pool. Every four hours anyone may call settle(), and the sign of that number decides what happens next.
- Capital descends. Depth grows by a fifth of itself, up to 10 ETH an epoch. That much of the intake is offered for tokenized stocks, and the floor climbs as they land in the hoard.
- Capital flees. Depth halves in one move, down to 0.01 ETH, and a fifth of the intake buys ABYSS off the pool and burns it.
No committee votes on the depth and no one holds a dial. A thing that survived at the bottom learned long ago that caution costs less than greed: growth is argued for epoch after epoch, retreat is granted at once.
The currentSimulation
DescendingFleeingDepthHoard
- Epoch
- 0
- Net flow
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- Depth
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- Hoard
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Replays the rules of Depth.sol in your browser against an illustrative market. The flows are invented; the responses are the contract's.
III
The pressure that keeps the room honest
Leaving the deep is never free. Burning ABYSS pays out its share of every chamber, less a pressure that rises with how much of the supply is surfacing at once.
·leave with you
·stay in the hoard
·go to the Coil
Per 100 units of your share. Pressure is 1.5% plus 1.5 times the crowd over the supply, capped at 25%, draining over 24 hours. It is priced at the middle of the crowd you create, so cutting an exit into pieces does not escape it.
Up top, in a panic, the first to run is saved and the last is drowned, so everyone runs. Down here the stampede feeds the ones who hold their ground.
IV
The hoard
Surface with your share. Coil and stay below. Fill a lot and feed the chambers. Read the current when the epoch turns. Every action here is a direct call to a contract with no owner.
The deep is not open yet. The contracts are written and pass 51 tests against the real PoolManager and the real xStock wrappers on a fork of Ink. Nothing is deployed, so no address exists and no protocol number is shown. The controls below wake up the moment the addresses are published.
- Your ABYSS
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- Circulating
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- Pressure now
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- Floor per 1M ABYSS
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You burn ABYSS and leave with its slice of each chamber, less the pressure.
- Your stake
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- Total coiled
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- Your chamber
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- Earned
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Half of every surfacing fee streams to the Coil over seven days, paid in the chamber assets themselves. Your stake also points where Depth buys next.
Each epoch Depth offers ETH for each chamber. The rate asked starts 20% above the last clearing rate and falls to 10% below it over three hours. Bring the asset, take the ETH. No oracle anywhere.
- Epoch
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- Depth
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- Last net flow
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- Intake
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- Next settle
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- Toll waiting
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- Burned by defence
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- Committed to hoard
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- Supply
- 1,000,000,000 fixed
- Epoch
- 4 h, anyone settles
- Depth
- +20% / x0.5 · 0.01 to 10 ETH
- Toll
- 1% · ABYSS burned, ETH to intake
- Pressure
- 1.5% to 25% · 24 h window
- Coil
- 50% of pressure · 7 d stream
- Descent
- x1.2 to x0.9 over 3 h
- Operator
- 30% of the ETH toll
V
Where the value comes from
Nothing is minted to make the deep glow. When the surface is quiet the creature is quiet, and the floor holds. There is no emission propping up a number, so there is no emission to collapse.
01 · The chambers earn
Real dividends, reinvested
Each wrapper folds its stock's dividends into what one unit redeems for. The hoard grows in value without a single transfer.
02 · The fleeing pay
Pressure stays below
Every surfacing leaves its fee behind: half lifts the floor for every holder, half streams to the Coil.
03 · The surface trades
A toll on the pool
1% of each swap. Paid in ABYSS, it is burned. Paid in ETH, 70% joins the intake that buys the hoard and 30% goes to the operator, fixed in the code.