Experimental and unaudited. TRA targets 1 USD but is not redeemable for USD and may lose its value. Converting TRA into TRM is not a redemption.
Trade routes · Markets

Single-sided markets

The protocol never deposits ETH or USDT. Its LiquidityVault places only its own tokens in Uniswap v4: genesis TRA in TRA/USDT and its TRM allocation in TRM/ETH, each in a range above the starting price. Buyers pay the counter-asset, which then stays in the position as a bid for exactly the tokens it sold.

Not deployed · Ethereum
No deployment configured

No Foundation pools are configured for Ethereum (chain 1). Nothing on this page is invented: on-chain values appear only once real contract addresses are configured (see frontend/.env.example). Meanwhile, the Psychohistory Lab shows simulated behaviour, clearly labelled as such.

Planned routes (lab configuration)

  • TRA/USDT, 0.05 % fee: 10M genesis TRA single-sided on 1.00–1.01 USDT. The range ends below the price at which expansion becomes profitable (~1.017), so genesis TRA is sold before any TRM-funded expansion.
  • TRM/ETH, 0.30 % fee: 50M TRM single-sided on 0.0002–0.02 ETH, a 100× range for price discovery.
  • Below each range only third-party liquidity exists. Selling more than the position previously sold meets a thin market.

Who earns which fee

FeePaid byGoes to
LP feeSwappersLiquidity providers; for the protocol positions, the LiquidityVault (locked)
Uniswap protocol feeSwappersUniswap governance (off unless enabled there)
Conversion feeConvertersNobody: it is simply not minted