PART REF 0001DRAFTCOIL-LOOP-V1
Coil.
0×1.66×
A wound-spring of leverage. Lock COIL, loop the borrow, mint a position NFT on every iteration.
ALTV 40 %B6 ITER MAXC1.66× MAX LEVDNFT MINTED
FIG. 01 · ASSEMBLY · TYPICAL COILSCALE 1:1
Inlet · COIL collateralA
Borrow stageB
V4 swap loopC
DOutlet · ETH return
EPosition NFT mint
FLoop bonus payout
NORM ISO 0042TYPE A · WOUND-SPRINGMAT'L · ERC-20
▼ OPERATION · STEPS 01–03ATOMIC · ONE TX
01
Lock
Deposit COIL as collateral into a 30-ETH virtual band priced below current spot.
02
Loop
Atomic borrow → V4 swap (ETH → COIL) → re-lock. Up to 6 iterations build leverage to 1.66×.
03
Mint
Position NFT minted on every loop call. Loop bonus paid in COIL from a pre-funded pool.
FIG. 02 · LEVERAGE SERIESSix iters,
Six iters,
1.66× leverage.
With 40 % LTV, each loop reinvests 40 % of the previous tranche. The series converges to 1 / (1 − 0.4) = 1.667.
Each iteration mints 50 COIL bonus from a 5,000 COIL pool — a full 6-loop pays 300 COIL.
Iter
Exposure
Leverage
Bonus
AN = 1
1.400 × collat
1.40×
50 COIL
BN = 2
1.560 × collat
1.56×
100 COIL
CN = 3
1.624 × collat
1.62×
150 COIL
DN = 4
1.650 × collat
1.65×
200 COIL
EN = 5
1.660 × collat
1.66×
250 COIL
FN = 6
1.664 × collat
1.66×
300 COIL
■ SPEC SHEETCOIL-LOOP-V1 · BILL OF MATERIALS
Supply
1,000,000COIL
LTV
40%
Liq
150%
Orig fee
1%
Bounty
1%
Max iter
6loops
Bonus/iter
50COIL
Bonus pool
5,000COIL