App | nox.fun

protocol stateslot 0

R, USDC in the vault951,321.600000

S, NOX supply33,032,000

V, total ever paid into the vault1,080,000.000000

F, floor per token (R/S)0.028800

P, market price on the pool0.041300

Market premium per token0.012500

Coverage (F/P)6973 bps

Missing to close the gap412,900.000000

Burned by redemption6,968,000 NOX

Paid out to redeemers (V − R)128,678.400000

Current fee step2, 120 bps

Redeem

Burn NOX, receive your pro-rata share of the vault.

NOX

you would receive 0.000000 USDC

rate 0.028800 USDC per token, no fee, no delay

Buy

Swap USDC for NOX on the pool.

USDC

hook fee 120 bps, 100% of it goes to the vault

pool fee 0 bps

Sell

Swap NOX for USDC on the pool.

NOX

hook fee 120 bps, 100% of it goes to the vault

below 0.028800 on the pool, redeem instead: it pays more and charges nothing

Your position

Connect a wallet to read your NOX balance and what it redeems for.

fee stepsthe step index cannot go backwards

step 0200 bps0 → 199,999.999999 USDC paid in

step 1160 bps200,000 → 599,999.999999

step 2, now120 bps600,000 → 1,199,999.999999

step 380 bps1,200,000 → 1,999,999.999999

step 440 bps2,000,000 and above

invariants12

I01A swap is never reverted by the hook
I02R/S never decreases
I03Redemption pays exactly pro rata
I04V never decreases
I05The fee step never goes back up
I06The fee never exceeds 200 bps, in either direction
I07No rounding ever decreases R/S
I08Every path is a fixed number of operations
I09No value ever leaves to a team address
I10Redemption is always open
I11The vault never pays out more than it holds
I12No write depends on the caller's address

going live

Last checks in progress. The vault and pool addresses will be printed here the moment they are on chain, and every number on this page will switch to chain reads. Refresh in a few minutes.