the craftLadder placement follows the risk engine's public formulas — Cara's edge is estimating the inputs: real volatility, real depth, when to stand higher and when to duck. In corridor markets the craft shifts to reading flow — rebalancing the thirsty side, where the curve pays peak yield for showing up.
the payHer fee is market-set — she prices her own sleeve, competition disciplines it (10% of sleeve yield in the demo). She earns only when the sleeve earns: no yield, no fee. Followers of one curator share that ladder's outcomes pro-rata; never across sleeves — her mistakes land on her followers alone, which is exactly what keeps her track record meaningful.
the market for herOther curators run rival sleeves on the same book. LPs switch by internal reallocation (respecting the same utilization gates as withdrawals — delegation is never a backdoor exit). The protocol's flagship sleeve competes on the same leaderboard with no privileged fee: it earns or it shrinks.