Shutterline

Shutterline binds the split before anyone can read it.

Slat Desk · Sill Papers · Sill Note

‹ problem ›

A known split can be aimed at.

If the next spend is visible while fills still arrive, a Slat Owner trades into the destination. The take becomes a signal.

Visible mix

The window shows Shelve and Deepen while it is still taking fills.

Aimed fills

Anyone who can read the mix can position into it.

The gap

The take reports a destination that is still open.

‹ solution ›

A committed-split market.

Shutterline is a committed-split market that turns each Slat Cut into a split that is bound before it can be read.

Slat Cut

Two percent of a trade. Holding does not pay.

Binding

Written at open from a block value nobody selects.

Blind Close

Shows the Binding and spends what gathered.

Shelved SHUT

Leaves issue. Deepen returns value to the Quote Lane.

‹ thesis ›

The split is bound before it can be read.

An Open Blind writes first. The slats stay shut. Blind Close is when the destinations become visible.

‹ parts ›

Four things to hold.

Slat Cut, Binding, Blind Close, Shelved SHUT.

Slat Cut

Two percent. The only take.

Binding

Unread while the window runs.

Blind Close

Spend matches the writing.

Shelved SHUT

Issue only shrinks, or the lane thickens.

‹ lane ›

Where SHUT fills.

The Quote Lane runs on Uniswap v4. The chain is Ethereum. The quote is ETH. 40,000 SHUT, all of it on the lane at launch.

‹ how ›

One window.

Write. Gather. Show. Spend.

1 Write

A Binding is taken from a block value nobody selects.

2 Gather

Trades leave a Slat Cut of two percent.

3 Show

Blind Close makes the destinations visible.

4 Spend

The take follows the Binding that was already written.

‹ possible ›

What a Slat Owner can expect.

The split is older than the reveal. The record is public. No hand shifts a balance.

Unread while open

Fills cannot be aimed at a destination that is still shut.

Public close

Every Binding and Blind Close is on the explorer.

No hand on the slats

The deployer cannot pause, move, or reissue.

‹ model ›

Three numbers.

Issue, take, setters.

40,000SHUT issue on the Quote Lane

2%Slat Cut on a trade

noneedit functions

Shutterline

Shutterline binds the split before anyone can read it.

Slat Desk · Sill Papers · Sill Note