Buy/Sell Block
Pauses buys and locks sells for a set time after launch. Charges nothing.
Where it runs
Before
Checks a swap before it fills: guards, caps, windows.
Status on reel
In the program
In the reel program: bit 10 of PoolParams.blocks, frozen at PoolInit (PROGRAM.md §5).
Set by
You, at launch
Frozen in PoolParams at PoolInit; nobody can change it after.
What it does
Two windows from open: buys are refused until the buy pause ends, and sells (and liquidity adds other than the launch position) until the sell lock ends. Nobody owns them and they can't be shortened or lengthened. The dev buy is exempt.
How it works on reel
Swap refuses buys before open + buy_pause_secs (BuysPaused) and sells before open + sell_lock_secs (SellsLocked); other adds are refused during the sell lock. On a hooked new token reel-hook also refuses transfers to off-curve owners, other venues' vaults, while the sell lock lasts, so the lock holds everywhere. Every new token's pools also pause buys for their first 12 s. The windows need a guard of the longer window + 84 s; with guard_secs at 0 on a new token, PoolInit switches exactly that on.
Settings · 3
| Setting | Min | Default | Max | What it does |
|---|---|---|---|---|
Guard length guard_secs | 0 s | 0 s | 1,200,000 s (13d 21h) | 0, or 12 s to 1,200,000 s. At 0 on a new token PoolInit switches a guard on: the longer window + 84 s. Without Anti-Snipe the guard charges no tax and has no buy cap, but still refuses exact-out buys and locks launch principal.Shared with Anti-Snipe, which sets 600 s. |
Buy pause buy_pause_secs | 0 s | 0 s | 1 h | Buys are refused until open + this. The dev buy is exempt. |
Sell lock sell_lock_secs | 0 s | 0 s | 1 min | Sells, and adds other than the launch position, are refused until open + this.Not both windows 0. |
Fees and who's paid
Paid to
Nobody: it charges nothing.
Protocol share
reel takes no share of it.
Requires and can't be combined with
Requires
No other block.
- Not both windows 0
- A guard of at least the longer window + 84 s: set by PoolInit on a new token, by you otherwise
Can't be combined with
Nothing: it sits beside any block.
Worked example
Sell lock 60 s, no buy pause: anyone can buy from second 12; nobody can sell, or move the token to another venue, until second 60. PoolInit sets a guard of 60 + 84 = 144 s.
Solana notes
Seconds, not 12 s blocks: buy pause up to 3,600 s (hookr 300 blocks), sell lock up to 60 s (hookr 5 blocks). hookr's legacy same-block round-trip check is not in reel; Sandwich Guard does that job.
On hookr: Core block (Launch Windows) · Live
Other blocks in Protection and access
Anti-Snipe
BEFORECaps and taxes early buys while the launch guard lasts. Sells never pay it.
Wallet Cap
BEFOREWhile the guard lasts, no wallet buys more than a set share of the supply.
Sandwich Guard
FEEA swap that moves price back toward where its window opened pays that move.
Exit Clock
FEESells pay a fee that falls the longer the tokens were held.
Market Guard
ADVISORYSwaps that stray from a live Pyth price pay the pool's LPs a surcharge.
Agent gate
ADVISORYOnly registered agents can buy, sell or add liquidity. Removing is never gated.
Canonical Venue Token
LAUNCHA new token that moves only between wallets and reel's own vaults.
Recovery reserve
OUTSIDEA public fund that repays LPs or traders after a reviewed incident.