The Money Story · One Decision, Then Watch Every Dollar

Follow every dollar.

Your one decision — Ivan's seed:token side:

Before day zero

Choose the seed. Everything else follows.

Ivan the issuer brings his own capital: a USDC cushion that becomes the bid ladder (junior, locked, first-loss under every later depositor) and, optionally, tokens that rest as asks so early buyers find a seller. Pick the sizes above — bigger cushion means deeper floor and higher borrowing caps; no token side means the first buyer finds only what sellers bring. Then press play and just watch: every step names who earns what, and why.

Day

40A price

$1.00

Book cash (bids)

Lent out

Utilization

Believer LTV

—

The Issuer

IvaniBrought the seed himself: his USDC is the bid ladder — junior, locked, first-loss under everyone else — and his tokens rest as asks. He can't pull any of it while the market lives; he earns only if it does.

ladder$0

lent$0

inventory0 ≈$0

floor asks0 ≈$0

floor cash$0

earned$0

The Believer · Borrower

BobiEscrows his 40A as collateral, borrows USDC, buys more 40A. Skims melt his debt on the way up; band tranches trim him on the way down. Risk capped at his equity.

wallet20,000 ≈$20,000

cash$0

escrowed0 ≈$0

debt$0

The Lender · Direct Ticks

LisaiLends at a price she chooses. Her resting cash is swap depth and instantly withdrawable; her lent cash earns credit fees; a fill converts her to 40A at her own quoted price — never a surprise.

wallet$50,000

resting$0

lent$0

inventory0 ≈$0

earned$0

The Curator · Passive Sleeve

CaraiA registered curator. When Paul 🪴 (a passive LP) delegates, she paints his USDC across her chosen ticks and keeps 10% of sleeve yield. Her track record is this card.

resting$0

lent$0

inventory0 ≈$0

Paul earned$0

10% fee$0

Trader · Momentum

TinaiChases strength with cash. Her buys pay swap fees to whoever fills them and re-cash the floor.

cash$60,000

40A0 ≈$0

Σ net worth$60,000

Trader · Patient

TheoiHalf cash, half tokens — buys dips, takes profits slowly. Small steady flow that pays the book on every crossing.

cash$20,000

40A10,000 ≈$10,000

Σ net worth$30,000

Trader · Deep Pockets

Tarai$120k of dry powder. In this story she builds a whale-sized position — and then tries to use it against the book.

cash$120,000

40A0 ≈$0

Σ net worth$120,000

Trader · Early Holder

TomiToken-rich, cash-poor — was here before the market. His profit-taking is the classic early-holder sell.

cash$5,000

40A30,000 ≈$30,000

Σ net worth$35,000

The Keeper · Automatic

KeviniNobody hires Kevin. He fires skims and tranches because the bounty pays — permissionless competition, not a backend.

bounties$0

The Protocol

ACEiOwns no market, no venue, no curation — earns basis points on the book itself: origination, rollovers, settlement.

fees$0

Choose the seed. Everything else follows.

IIvaniBrought the seed himself: his USDC is the bid ladder — junior, locked, first-loss under everyone else — and his tokens rest as asks. He can't pull any of it while the market lives; he earns only if it does.

BBobiEscrows his 40A as collateral, borrows USDC, buys more 40A. Skims melt his debt on the way up; band tranches trim him on the way down. Risk capped at his equity.

LLisaiLends at a price she chooses. Her resting cash is swap depth and instantly withdrawable; her lent cash earns credit fees; a fill converts her to 40A at her own quoted price — never a surprise.

CCaraiA registered curator. When Paul 🪴 (a passive LP) delegates, she paints his USDC across her chosen ticks and keeps 10% of sleeve yield. Her track record is this card.

TTinaiChases strength with cash. Her buys pay swap fees to whoever fills them and re-cash the floor.

TTheoiHalf cash, half tokens — buys dips, takes profits slowly. Small steady flow that pays the book on every crossing.

TTarai$120k of dry powder. In this story she builds a whale-sized position — and then tries to use it against the book.

TTomiToken-rich, cash-poor — was here before the market. His profit-taking is the classic early-holder sell.

KKeviniNobody hires Kevin. He fires skims and tranches because the bounty pays — permissionless competition, not a backend.

♠ACEiOwns no market, no venue, no curation — earns basis points on the book itself: origination, rollovers, settlement.

IvaniBrought the seed himself: his USDC is the bid ladder — junior, locked, first-loss under everyone else — and his tokens rest as asks. He can't pull any of it while the market lives; he earns only if it does.

BobiEscrows his 40A as collateral, borrows USDC, buys more 40A. Skims melt his debt on the way up; band tranches trim him on the way down. Risk capped at his equity.

LisaiLends at a price she chooses. Her resting cash is swap depth and instantly withdrawable; her lent cash earns credit fees; a fill converts her to 40A at her own quoted price — never a surprise.

CaraiA registered curator. When Paul 🪴 (a passive LP) delegates, she paints his USDC across her chosen ticks and keeps 10% of sleeve yield. Her track record is this card.

TinaiChases strength with cash. Her buys pay swap fees to whoever fills them and re-cash the floor.

TheoiHalf cash, half tokens — buys dips, takes profits slowly. Small steady flow that pays the book on every crossing.

Tarai$120k of dry powder. In this story she builds a whale-sized position — and then tries to use it against the book.

TomiToken-rich, cash-poor — was here before the market. His profit-taking is the classic early-holder sell.

KeviniNobody hires Kevin. He fires skims and tranches because the bounty pays — permissionless competition, not a backend.

ACEiOwns no market, no venue, no curation — earns basis points on the book itself: origination, rollovers, settlement.