@remilioremo
1/ $SXS explained.
2/ It's a token with actual market hours. Pools open and close. The contract checks the clock before every trade. If the session is closed, the swap doesn't go through.
3/ Three pools total. New York pairs with ETH, Tokyo with USDC, London with cbBTC. Different hours, overlapping so there's always somewhere to trade once all are live.
4/ Fees started high and decayed to final rates. Those fees funded each subsequent pool. The system bootstrapped itself through trading activity. No presale, no VC, no team allocation.
5/ Once all three pools are live, fees stop funding new pools. They flip to dividends. You hold, you get paid in ETH, USDC, and cbBTC.
6/ The overlap windows are where it gets interesting. When two pools are open at the same time, arb creates volume spikes. More volume = more fees = more dividends.
7/ That's it. Trading hours enforced on-chain. Self-funding pools. Dividends in three assets. Structure over chaos.
Contract: 0x3dA7Ad8101bc1fc0C80E2860Be9A531385258525
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