Open a fund

Place a trade

This is the only function on a fund that its manager may call. It takes two tokens and two numbers. It cannot name a contract to call, and there is no path in the fund that sends money anywhere except to a share holder, in proportion to their shares.

A manager can move
$0
out of the fund

Every open fund is listed while no wallet is connected. With a wallet, this list is only the funds you manage.

The price this would get

Chainlink says229.03 USDG per NVDA
That feed was updated3 hours ago
Your minimum impliesno minimum set
Off the feednothing to compare
This fund's band1%

What the contract checks when you press it

Both tokens are on the fixed listPasses

USDG and NVDA were written into this fund when it was opened, and nothing can be added to that list afterwards. It is what stops a manager buying a token they minted themselves.

The price you get is checked against ChainlinkDecided at the fill

You have set no minimum, so the pool can fill this at any price it likes. The fund still reads the NVDA feed after the swap and refuses anything more than 1% away from it. That is the part a minimum of zero cannot get around.

The fund has enough to spendReading

Reading what Opening Bell is holding.

You are holding enough of your own fundPasses

Nobody has deposited into Opening Bell yet, so there is no floor to clear.

Connect the wallet that manages this fund. Any other account is refused by the contract.

Say what it is

Written into the fund itself, so it survives this site and can be held against you later.

Connect the manager's wallet to write here.

Sign your name

One name per wallet, worn by every fund it manages. Leave it empty and the board shows your address instead.

Connect a wallet to sign.

Ease the terms

Every change here moves in your backers' favour and cannot be undone. The fund has no function that raises a fee, lengthens a lockup, takes back an asset or reopens a closed fund, so this screen only offers what the contract will actually accept.

Connect the manager's wallet to change any of these.

Cut of the profit
20%

Anything below what you take today.

Yearly fee
None

Settles what you have already earned at the old rate first.

Lockup
None

Measured from each deposit, so shortening it releases everybody already in.

What it may buy

Give one up and the fund refuses to buy it again for good. It can still be sold, so whatever the fund is holding of it is never stuck.

Open to new money
Open

Closing stops new deposits and never stops an exit. It cannot be reopened, because a fund that could open and shut at will could be timed against the people already in it.