value·price·light·updated
Solver
The machine's fills on NEAR Intents, newest first. Every row links to the NEAR transaction. The spread is positive when the machine paid out less than the reference rate said that size was worth.
| WHEN | INTENT | IN | OUT | QUOTED | SPREAD | COILS | TX |
|---|---|---|---|---|---|---|---|
Spread schedule
Every coil charges the same base spread. Each sold out adds a step. The schedule is fixed:
σ_i = σ0 + n_i · δ(3.1)
| NOTCH | SPREAD | ON $1K | ON $10K | ON $100K |
|---|---|---|---|---|
| 0 | 0.30% | $3.00 | $30.00 | $300.00 |
| 1 | 0.35% | $3.50 | $35.00 | $350.00 |
| 2 | 0.40% | $4.00 | $40.00 | $400.00 |
| 3 | 0.45% | $4.50 | $45.00 | $450.00 |
| 4 | 0.50% | $5.00 | $50.00 | $500.00 |
| 5 | 0.55% | $5.50 | $55.00 | $550.00 |
| 6 | 0.60% | $6.00 | $60.00 | $600.00 |
| 7 | 0.65% | $6.50 | $65.00 | $650.00 |
| 8 | 0.70% | $7.00 | $70.00 | $700.00 |
Machine accounts
NEAR account
Solana account
The Solana account is derived by NEAR chain signatures from the NEAR account. The signature is produced by a threshold of NEAR validators at the request of the NEAR contract, and the contract only requests signatures for transactions the program emits.