Docs · ReelBook · New token
Season Ladder
A market that opens in stages: a guarded first season, then new pools at a milestone.
Season 1 starts small and protected; season 2 adds a crown pool and session pools once the community gets there.
The pools
Season 1
New token · 2 pools · split 80/20 · liquidity locked 604,800 s (a week)
01SOL
No sells in the first minute02USDC
Vault pool: zap-only buys
Season 1 feeder
Existing token · 1 pool · a second launch of the token
03USDC
Feeder: 1% of buys to the season 1 vaultNames the season 1 vault’s zap vault.
Season 2, at the milestone
Existing token · 3 pools · sent by hand when the community reaches its milestone
04USDT
Crown pool05Listed tokenized stock A
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
06Listed tokenized stock B
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
How the pools work together
Season 1 opens a guarded SOL market and a vault pool that only the feeder buys. The feeder burns a little of every buy and sends 1% to the vault. Season 2 is a separate launch of the same token, opened by hand; nothing on chain triggers it.
What is coming or partial
- Dev Drip (Periphery, coming). Coming: the
escrowmodule is built and tested in reel-vaults' source, not in the deployed build yet. It arrives with an upgrade at the same address. - 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.
- 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.
- Zap Relay source (Partial). Partial: the cut accrues on reel and is paid to the zap vault named at launch; the vault that buys the target pool is reel-vaults' zap module (coming).
Steps
- Launch season 1 with weights 80/20 and a 604,800 s liquidity lock.
- Open the feeder as a second launch, naming season 1’s vault pool’s zap vault.
- When the milestone arrives, open season 2 as a third launch with its three pools.
- Team tokens over time come from Dev Drip once its reel-vaults module ships; until then, keep them out of the pools.