§01 — The fall
Live numbers,
falling in.
Every basket on the floor — leverage against target, NAV per share, state and oracle freshness — read straight from the vault contracts. Pick a row and operate it in the Terminal.
| № | Basket | Leverage act / tgt | NAV / share | State | Oracles | |
|---|---|---|---|---|---|---|
| Reading chain… | ||||||
minted at NAV · redeemed at NAV · states are deterministic health() outcomes, never an operator's call
§02 — Mechanism
Four verbs run
the whole floor.
$ compose --Σw 100%
Build the basket
Pick 2–8 legs from the price registry, set weights that sum to 100% (no single leg above 50%), choose a leverage target from 1.0× to 3.0×. The factory refuses anything outside the bands — checked on-chain, not in the frontend. Draft one yourself in the Terminal console.
$ mint --deposit WNT
Strike at NAV
The basket compiles to a vault contract. Wrap native ETH, deposit, and the vault strikes shares at the current NAV per share. No lockup, no whitelist — two transactions on first mint: approve, then deposit.
$ keep --drift 0.25x
Hold the line
Keepers watch the drift. When actual leverage strays 0.25× from target, anyone may rebalance for a fixed bounty. Oracles mark every leg on a 300-second heartbeat; one stale leg halts the whole floor — failure is loud, never quiet.
$ redeem --at NAV
Exit at parity
Burn any amount of shares at NAV, any time. Exit terms are declared at minting and can only improve. Selling the share is exiting the strategy — nothing settles off the record.
Parity is the whole pricing model — entry and exit share one number, struck by the vault contract and published every block. The cascade carries the same price down both directions.
See the arithmetic ↗§04 — Registry
Seven feeds,
one heartbeat.
prices are mock feeds on testnet · mainnet path maps to Chainlink stock & ETF data
§05 — Ledger
The deployment,
on the record.
- Network
- Robinhood Chain Testnet — Arbitrum Orbit L2 · chain 46630 · gas in native ETH
- Contracts
- 20 deployments — 6 core contracts, 12 mock feeds, 8 demo baskets · non-upgradeable
- Price feeds
- 12 mock feeds (BTC, ETH, SOL, NVDA, TSLA, AAPL, MSFT, AMZN, GOOGL, META, SPY, QQQ) · 300 s heartbeat · Chainlink path mapped
- Baskets
- MIX2X, TECH3X, CORE1X, AIDX3X, VOLT2X, WEB3X, FANG2X, MAG7 live · 1×–3× leverage · backstop pool seeded with WNT
- Next season
- Short weights, liquidation incentives, fuzz & simulation reports · roadmap ↗
§06 — Community
Get in
the flow.
Baskade is experimental software on a public testnet. Contracts are unaudited. Leveraged baskets can lose all deposited capital. Nothing here is investment advice.