Docs · ReelBook · Existing token
Builder token
For a team that builds Hook Blocks: a buyback pool, and a crown pool that runs the team’s market block.
The team’s token trades on a pool that pays its own block’s usage fee, and a buyback pool sits ready for its share.
Set up now · partial: Zap Relay target, Arb recapture, Hook Blocks Market2 pools · 1 launch
Sample settings, not live data. Each pool’s board uses the catalog’s defaults plus the recipe’s choices, and passes the builder’s checks. Keys such as payees, mints and feeds are named when you launch.
The pools
Launch
Existing token · 2 pools
01USDC
Buyback pool02SOL
Runs the team’s Hook Blocks Market blockNames the market block.
How the pools work together
The SOL pool installs the team’s published, admitted and bonded market block in its advisory slot; every swap pays its usage fee, split among the builder, its backers, reel and the block’s reserve. The builder’s share reaches the team’s wallet, which can fund the buyback pool’s zap vault.
What is coming or partial
- Zap Relay target (Partial). Partial: the gate is in reel, but the feeder vaults that buy are reel-vaults' zap module (coming), so until it runs nothing can buy the pool.
- Arb recapture (Partial). Partial: Solana has no in-swap executor callback like Uniswap v4's, so reel charges the swap that closes a gap against a reference price instead of running a partner's arbitrage (PROGRAM.md §12). A stale or missing reference skips it.
- Hook Blocks Market (Partial). Partial: publishing, admission, bonds and the usage-fee split are in the reel program, and reel-vaults' payouts module (live) pays backers. Publishing a market block needs Config.bond_mint ($REEL, later), which mainnet's Config doesn't set yet, so no block can be published, bonded or installed today and no backer has anything to claim.
Steps
- Publish the block with MarketPublish and bond it; it needs the admin’s admission before a pool can install it.
- Open the SOL pool’s board, pick the usage fee up to the block’s cap and name the block.
- Launch the buyback pool and the crown pool together, then finalize.