Pools
One pool per asset.
Each pool holds USDG and one tokenized stock, and quotes a standing bid a shade under market. Index ETFs first — they move less than single names, which is what you want from something that buys into weakness.
SPY
S&P 500 ETF · Index ETF
- Market price
- —
- Pool buys at
- —
- Current discount
- —
- TVL
- $0.00
- Liquid for buys
- $0.00
- Daily cap left
- $0.00
Discount
3% while US markets are open, 8% while they're closed. Hard ceiling of 10% in code.
Daily cap
$50,000 of purchases per pool per UTC day.
Circuit breaker
Buying pauses for the day after an intraday drop of 15% or more.