Docs · ReelBook · New token
Session pools
For a community whose holders also hold tokenized stocks: a crown pool, a desk and six session pools.
Each stock-quoted pool charges by the US market’s session, so liquidity is paid more when the stock’s own market is shut.
The pools
Launch
New token · 8 pools · split 30/20/10/10/10/10/5/5 · keep at most 2%
01SOL
Open market: the round’s biggest buy takes the pot02USDC
Desk: a managed surcharge, capped at 1%03Listed tokenized stock A
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
04Listed tokenized stock B
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
05Listed tokenized stock C
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
06Listed tokenized stock D
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
07Listed tokenized stock E
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
08Listed tokenized stock F
Session pool: fees follow the market’s hoursA listed tokenized stock, once one passes reel’s mint policy.
Launch options: Opening price check: 1%
How the pools work together
The six session pools charge 0% in regular hours, 0.2% pre-market and after hours, 0.4% overnight and 1% when the market is closed, all to LPs, on top of the base fee. Recapture on each reads the SOL pool through a Pyth conversion, so a stale feed skips it rather than refusing swaps.
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.
Steps
- Check each stock token passes reel’s mint policy and is a listed quote; see Quote tokens and Token-2022 risks.
- Open the session pool’s board in the builder; the market-hours fee needs the admin-kept Calendar account.
- Create the launch with eight pools and the weights above, add each pool, then finalize.