For $LOOP Holders¶

What You Get¶

One position captures the entire ecosystem. The BLV (floor price) can only move up — every collection's Afterburner accumulates $LOOP through leveraged borrows, driving BLV growth across the ecosystem. Staking yield scales with all RUN trading activity across all collections, not just one.

How It Works¶

Every Dutch auction's Split directs 70% of sale proceeds to the Afterburner's Buy + Bank mode, which executes a leveraged borrow of $LOOP and holds it permanently. The borrow activity drives $LOOP's BLV (Baseline Value) growth — a programmatically enforced floor price that can only increase over time. Every collection's Afterburner accumulates $LOOP, so more collections means more borrow activity driving the same floor.

Staking $LOOP earns you 1% of $LOOP↔ETH swap volume in fees. Since every RUN token pairs with $LOOP, all collection-level trading activity cascades into $LOOP↔ETH volume as participants enter and exit positions. Higher ecosystem activity means higher staking yield.

How to Participate¶

1. Hold for passive floor appreciation. Every auction across every collection grows the Afterburner's $LOOP position, driving BLV higher. No action required; just hold $LOOP and benefit from ecosystem-wide growth.

2. Stake for active fee income. Staking earns 1% of $LOOP↔ETH swap volume, distributed proportionally across all stakers. Evaluate whether current $LOOP↔ETH volume justifies staking versus holding.

Risks¶

• $LOOP's market price trades above BLV and can decline toward it; the floor rises but the price above it fluctuates
• Staking yield depends on $LOOP↔ETH trading volume, which varies with market conditions
• New collection launches increase $LOOP accumulation but carry independent execution risk at the RUN layer
• BLV floor appreciation is permanent but gradual; short-term price movements may not reflect it