AUTONOMOUS MARKET-MAKING PODS
DOC. VG-001 / REV B

The strategy research. The execution engine. The risk machinery. The live telemetry. Missing by design: the pool, the manager, the lockup, the 2-and-20. A prop desk of one, on Solana — trading your own capital from a vault only you can withdraw from, under a delegation that rebalances your liquidity but can never move funds out.
Simulation suites
6/6
Simulated rugs caught early
5/5
Reference bankroll
$10
Access to your funds
0 ever
§01

Custody — by construction, not by promise

1

Connect your wallet

Phantom connect, nothing more. Your keys are generated by you, held by you, and never leave your device. Vältgeist never sees them.

2

Fund a vault only you can withdraw from

Your capital moves into a vault program whose sole withdraw key is yours. Not your Phantom wallet, but no less yours — Vältgeist never takes custody and cannot move it out. You can pull it back whenever you like.

3

The pod flies

You authorize the pod’s operator key — scoped to one action, rebalancing on whitelisted programs, structurally unable to move funds out. A dedicated Phoenix instance then quotes, defends and compounds inside your vault. Flat subscription; the P&L is yours alone; revoke any time.

§02

The machine — engineered around the ways small accounts die

Fees, adverse selection, volatility cascades, over-trading. Each mechanism exists because one of these kills bots like it — and each was verified against the primary literature before a line of it was written.

IDMechanismDefends againstImplementation
M-01Venue guardsAdverse selectionRefuses pools whose fee tier cannot beat the σ²/8 arbitrage bleed. Vetoes pump.fun mints by their on-chain suffix. The LVR breakeven race is displayed live.
M-02Asymmetric bandsImpermanent lossA wide protective zone below the position — dumps never crystallize IL at the bottom of a wick. A tight trip above re-anchors fast. Hard minimum interval between rebalances.
M-03Avellaneda–Stoikov geometryNaive placementInventory-skewed reservation price sets the band center; the optimal spread sets its width. One side quoted at a time, flipping with hysteresis as fills convert inventory.
M-04Hawkes cascade detectorRugsAn exponential-kernel self-excitation fit on the swap stream. When sell flow starts feeding on itself, the pod knows before any volatility metric does.
M-05Panic flattenBag-holdingOn alarm, the pod does not merely close the position — it exits the token entirely, back to your stablecoin, via the swap provider.
M-06Sub-Kelly compoundingRuinDeployment sized as a conservative fraction of live equity. Wins compound the next quote. A hard floor halts the machine permanently if breached.
POD STATES
HATCHING ──▶ FLYING ◀──────┐
                │            │  calm
                │ cascade    │
                ▼            │
             PERCHED ────────┘
                │ equity floor breached
                ▼
              ASHES ▪ permanent      VETOED ▪ bad venue, refused at start
§03

The swarm — communal intelligence, never communal capital

The machine is yours. The brain is shared.

SHAREDCascade alarms — one pod smells a rug, every pod hears it
SHAREDA fleet-wide token and mint blacklist
SHAREDPool crowding data — pods spread across venues instead of eating each other's edge
NEVERYour capital — it never pools, never commingles, never leaves your control
NEVERYour profits and losses — strictly, structurally yours
NEVERYour keys or your delegation — one pod, one wallet, one owner

Every pod that joins makes every other pod safer and better-placed. The network effect is the brain — not the bankroll.

§04

Terms — two-and-twenty, struck

2 & 20€19per month, per pod — that is the entire fee schedule

A hedge fund charges two percent of your assets plus twenty percent of your gains — for the privilege of holding your money. A pod costs nineteen euros: one dedicated Phoenix instance, hosted and maintained, full swarm membership, live state, equity and defense telemetry. Cancel or revoke at any moment.

We take no percentage of profits — your trading results are none of our business, in the most literal sense. A fee tied to your returns would make us your manager. We are your machinist.

REQUEST EARLY ACCESS →
§05

Pre-registration — form VG-W1

Pods open in small batches — the strategy's edge lives in thin pools, so the fleet grows at the pace the venues can carry. The waitlist is first-come: one address, no payment, no obligation.

§06

Appendix — the questions that matter

A.1Is this a fund? Do you pool money?

No. There is no pool — your capital is never commingled with anyone else’s, or with ours. It sits in a vault that only you can withdraw from; Vältgeist never takes custody of it. We sell software and hosting — a pod — for a flat fee.

A.2Can Vältgeist withdraw my funds?

No — and not as a policy promise, as a construction. Your funds sit in a vault only you can withdraw from. The pod holds an operator key authorized for exactly one action — rebalancing your liquidity on whitelisted programs — and structurally unable to transfer funds to any other address. Only you can withdraw. Revoke the pod’s key any time with a signature from your wallet.

A.3What returns should I expect?

We make no return promises, and you should distrust anyone who does. This is experimental market making on volatile assets. You can lose money — every defense in the machine exists precisely because losses are real. Fund a pod only with capital whose loss would not matter to you.

A.4What do other users get from my pod?

Intelligence, never money. Your pod contributes anonymized signals — cascade alarms, blacklist entries, pool crowding data — to the swarm, and receives the same from every other pod. Profits and losses stay strictly yours.

A.5How do I stop?

Revoke the delegation in your wallet: the pod loses all authority instantly, no support ticket required. Cancel the subscription whenever you like.

A.6Is the strategy public?

The research behind it is — the verified strategy catalog and the simulation harness live in the open repository. The pod runtime and the swarm layer are proprietary.