Docs · ReelBook · Existing token
LP-first venue
For a token that wants its pools to pay LPs every way they can, with more for LPs who lock.
Fees climb from 0.1% to 1% on big moves, and recapture goes to LPs rather than gap openers.
Set up without LP Time-Lock Boost (coming)2 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
01USDT
Fees 0.1% to 1%02SOL
LP-first recapture
How the pools work together
Neither pool pays the gap opener: the opener’s share of recapture goes to LPs through the stream. The USDT pool’s dynamic fee runs from its 0.1% base to a 1% ceiling.
What is coming or partial
- 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.
- LP Time-Lock Boost: locked full-range positions on the USDT pool earn extra rewards in the project’s token (reel-vaults) (coming).
Steps
- Open both boards; check the trader share of recapture is 0 on each.
- Create an existing-token launch with the two pools and finalize.
- Fund the boost on the USDT pool once its reel-vaults module ships.