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Handfast
An empty vermillion court with an oxblood sash bound across two halls.

Handfast

Handfast

Handfast unbinds HAND only when the Live Window and a Counter Fill agree.

Desk · Papers · Binding Note

‹ problem ›

A one-sided finish is a gift.

A take that sits as a balance can be emptied. A window that one side can close is a privilege.

An empty court with the sash gone.

Spendable take

A fee that credits a wallet can be moved, emptied, or aimed.

One-sided close

Whoever trades last chooses whether the other side finishes.

The gap

Neither binds the take to a window both sides must meet.

‹ solution ›

A windowed binding market.

Handfast binds each Window Share as a Timed Hold and Unbinds HAND only when the Live Window and a Counter Fill agree.

Two halls bound by an oxblood sash.

Window Share

Two percent on each trade. Holding and sending are free.

Timed Hold

The share is bound. It is not a balance.

Gate Rule

Unbind waits on the deadline and a Counter Fill.

Closed HAND

Unbind retires units. They are never issued a second time.

‹ thesis ›

Bound until both.

Closed HAND appears only when the window and the other side agree. Otherwise the Hold Rolls.

An oxblood cord spanning a pale stone court.

‹ parts ›

Three motions.

Write the Hold. Wait the Window. Unbind or Roll.

Vertical court with a taut sash.

Write the Hold

The Window Share enters a Timed Hold, not a purse.

Wait the Window

Each transfer steps the Live Window forward.

Unbind or Roll

Both conditions retire HAND. One missing condition continues the Hold.

‹ book ›

Where HAND fills.

Uniswap v4. ETH is the quote. Ethereum is the chain. 6,000,000 HAND, all of it in the Pair Book at launch.

The betrothal court at dusk.

‹ how ›

A worked window.

A 500 HAND sale leaves 10 HAND bound.

The binding cord receding into fog.

Write

10 HAND enter a Timed Hold for this Live Window.

Fill

A Counter Fill lands in the same window.

Gate

The deadline passes.

Unbind

10 HAND become Closed HAND.

‹ possible ›

What a Partner can expect.

The issue is in the Pair Book. The take binds. Closed HAND waits on both sides.

The court after the sash has gone.

Issue already in

6,000,000 HAND sit in the Pair Book from opening of the Pair Book.

Bound take

The Window Share is never a spendable credit.

No hand on the lever

The deployer cannot pause, move, or mint Closed HAND.

‹ model ›

Three numbers.

Issue, take, setters.

The court and the sash.
6,000,000HAND issue in the Pair Book
2%Window Share on each trade
nonesetters on fee, cadence, issue
The oxblood cord across the court.

Handfast

Handfast unbinds HAND only when the Live Window and a Counter Fill agree.

Desk · Papers · Binding Note