THE 105 MACHINE
THE LONG GAMEHAS A MACHINE.
WETH buys tokenized GME. Clear 105% of measured WETH cost, net of the keeper reward, and GMSTR burns.
SEE HOW IT WORKS
GMSTR contract
0xdEC12AeE6fb705103eADAb6C38123bB3f17cC69AHOW IT WORKS
The contract receives trading-fee rewards as WETH, uses that WETH to buy tokenized GME, and records the actual amount spent. For example, if the GME being sold has a recorded cost of 1.00 WETH, at least 1.05 WETH must remain after the keeper reward is paid. Otherwise, the transaction reverts.
- 01WETH RECEIVEDTrading-fee rewards are claimed directly to the contract as WETH.
- 02$GME PURCHASEDThe contract spends WETH on GME and records the actual WETH cost.
- 03EXIT REQUIREMENTAfter paying the keeper, the GME sale must leave at least 1.05× the recorded WETH cost.
- 04$GMSTR BURNEDThe remaining WETH buys GMSTR. The received GMSTR is burned immediately.
NET WETH FROM EXIT ≥ 1.05 × RECORDED WETH COSTNET WETH = GME SALE OUTPUT − KEEPER REWARD
PROTOCOL PROOF
CONTROLLED TERMS.
OPEN EXECUTION.
- POLICY
- Onchain quote managerderives protected terms from live pool state
- ACCOUNTING
- Actual WETH spent and exact GME receivedbecome permanent cost basis
- ACCESS
- Any walletmay commit eligible orders and execute them later
- SETTLEMENT
- Sale, keeper reward, GMSTR buyback and burnsettle atomically