TAUTON$TAU · tauton.fun
ROBINHOOD CHAIN · 46630 UTC --:--:--

TAUTONINDEX BASKET PROTOCOLROBINHOOD CHAIN · 46630NON-CUSTODIAL

Mint = redeem = NAV.

Weighted, leveraged baskets of stocks, ETFs and crypto — compiled into single ERC-20 shares. The number you enter is the number you exit: an identity the chain cannot break.

Open the Desk Watch the board

LIVE · $MIX2X NAV —

01 · THE CONSTANT

02 · NUMBERS

The floor, read live.

ABaskets live
—

factory-numbered vaults, deterministic states

BBackstop pool
— WNT

first-loss capital, priced by utilization

CPool utilization
— ×

coverage ratio — re-read on every visit

DPrice feeds
12 · 300s beat

one stale leg halts the whole floor

reads via public RPC · no wallet needed — every basket and feed on the board ↗

03 · WHAT IT IS

One basket.
One token.

Pick two to eight legs — stocks, ETFs, crypto — set the weights in 5% cells, choose a target from 1.0× to 3.0×. The factory compiles them into one ERC-20 vault share: mint it, hold it, transfer it, redeem it. The strategy is the token; there is no separate claim to sign.

NVDA 40% TSLA 30% SPY 30% · TARGET 3.0× LIVE ON THE FLOOR AS $TECH3X

ERC-20 VAULT SHARES· 2–8 LEGS· Σ|w| = 100%· SINGLE LEG ≤ 50%

04 · VERBS

Four verbs.
No discretion.

the whole operation set
01 Compose 2–8 legs, Σ|w| = 100%, leverage 1.0×–3.0× — the factory refuses anything outside the bands. $ compose --cells 5% 02 Mint Wrap ETH, deposit WNT, shares strike at NAV — no lockup, no whitelist, entry 10 bps. $ mint --at NAV 03 Keep A 0.25× drift from target lets anyone rebalance for a bounty; one stale oracle leg halts the whole floor. $ keep --band ±0.25× 04 Redeem Burn any amount at NAV, any time — exit terms declared at mint, only ever improving. $ redeem --at NAV

05 · WHY "TAUTON"

Tauton — adj. taut, stretched tight · n. tautology, always true

MINT = REDEEM = NAV

A tautology is a statement that holds in every possible world. On this chain, the mint price = the redeem price = NAV is exactly that: struck by the vault contract, published every heartbeat, with nothing sitting in between to take a spread.

Struck by the vault 300s heartbeat 0 spread in between Never widened by governance

06 · BANDS

Tension has bounds.

Leverage is synthetic — exposure underwritten by a counterparty pool and measured from NAV and margin on every health check. The bands are hard-coded: drift calls a rebalance, the ceiling calls anyone.

0× 1.0× MIN 2.0× 3.0× MAX 3.25× EMERGENCY SCALE TARGET ZONE
Rebalance trigger
actual leverage drifts from target — permissionless, keeper-bountied
± 0.25×
Emergency deleverage
anyone may call it and take the bounty — no operator in between
≥ 3.25×
Oracle heartbeat
every feed must beat it; one stale leg halts mints, redeems, rebalances
300 s
Soft liquidation
NAV at or under this share of entry reads Settled-bound
≤ 15%

07 · ROADMAP

Three seasons.

v0.2 · testnet MVP
LIVEPHASE 01

Testnet MVP

Six non-upgradeable contracts on Robinhood Chain 46630, eight demo baskets, twelve mock feeds on a 300 s heartbeat, permissionless rebalances with bounties.

PHASE 02

Depth

Short weights, liquidation incentives, fuzz and simulation reports published with the paper, Chainlink stock and ETF feeds mapped to the registry.

PHASE 03

Mainnet review

Compliance assessment, audited contracts, position limits ramp — and the $TAU utility evaluated against the checklist before anything ships.

08 · FAQ

Straight answers.

the rest live on the Paper
Q·01What exactly do I hold?+
An ordinary ERC-20 — the share token of one basket vault. Minting strikes it at NAV, redeeming burns it at NAV, and in between it is transferable, listable and composable like any token. The weighted, leveraged strategy is the token.
Q·02Where does the leverage come from?+
From a counterparty pool, not from borrowed assets. Exposure is synthetic: the pool underwrites it against margin, and actual leverage is measured from NAV and margin on every health check. A 0.25× drift triggers a permissionless rebalance; 3.25× triggers emergency deleverage — anyone may call either, for a bounty.
Q·03What if an oracle goes stale?+
Every feed must beat a 300-second heartbeat (testnet value). The moment any leg goes stale, the whole floor halts — mints, redeems and rebalances included — until freshness returns. Failure is designed to be loud and total, never partial or quiet.
Q·04Can the terms change after I mint?+
Weights, bands and exit terms are declared at minting and immutable afterwards. Governance can only narrow parameters within hard caps — it can never widen fees, raise leverage past the ceiling, or touch your redemption at NAV.

09 · DOORS

Pick a door.

operate · verify · follow

The Desk

operate · tauton.fun/app Connect a wallet on Robinhood Chain Testnet: wrap ETH, mint a basket, redeem at NAV, underwrite the pool. The page holds no keys.

The Board

watch · tauton.fun/floor Every basket with leverage bars, the full feed registry with drift scales, and the deployment ledger — live reads, no wallet.

The Paper

verify · tauton.fun/docs Verified addresses, the five-fact primer, the worked example, the parameter sheet, FAQ and roadmap — the whole trail, searchable.

X

follow · @tautonfun Build notes, feed health, deployment changes — the record as it happens.

Tauton is experimental software on a public testnet. Contracts are unaudited. Leveraged baskets can lose all deposited capital. Nothing here is investment advice.