Step 3: Activate vault
Deposit creator coin and start the fair-launch auction for ■ tradable shares.
| You do | Sign activate (Permit2 or approve + activate) |
| 4626 does | Deposit · mint shares · seed Uniswap V4 auction |
| Done when | Milestone Activated — deposit finalized; auction scheduled or live |
| Deposit | 50M–100M creator coin |
Launch checklist · Step 2: Deploy contracts
What activation does
Transfers 50M–100M creator coin into CreatorOVault, mints vault shares, wraps into ■ ShareOFT, and schedules the fair-launch auction. This is open price discovery, not a private sale. The CCA sells ■ ShareOFT for USDC/ETH — not a 99/1 creator-coin/USDC pool seed (that ratio applies to Charm LP bootstrap after Phase 3 strategies attach).
On finalize, wrapped ■ supply is allocated 30/30/30/10: 30% auction · 30% creator vesting (365 days) · 30% Solana bridge · 10% LP reserve on the CCA strategy. See Share allocation.
What finalize does not do
Phase 2 finalize only wraps the deposit and applies the split. It does not:
- Deploy Charm / Ajna strategy TVL — that runs in the next deploy-session UserOp (Phase 3):
deployPhase3Strategies+deployToStrategiesat 45% / 45% / 10% idle - Graduate the CCA or call
migrate()— that runs after the auction completes via keeper settlement (sweepCurrency()→migrate())
The app sends these as separate sponsored UserOps in order: finalize → Phase 3 strategies → Phase 4 launchDeferredAuction → (later) auction graduation.
Execution paths
Permit2 (preferred): One signature · deposit + wrap + auction in one batch.
Approve + activate: Approve batcher, then activate. App picks the path.
After activation
| Deploy step | Onchain action | Outcome |
|---|---|---|
| Phase 2 finalize | finalizePhase2 | Deposit wrapped; 30/30/30/10 split applied |
| Phase 3 | deployPhase3Strategies + deployToStrategies | Charm 45% · Ajna 45% · 10% idle (launch bundle) |
| Phase 4 | launchDeferredAuction | Fair-launch auction scheduled (Thursday 00:00 UTC) |
| After auction | sweepCurrency() → migrate() | Uniswap v4 LP live → trading live on Base |
| Phase | What to expect |
|---|---|
| Auction scheduled or live | Monitor in app · no open DEX trading yet |
| Phase 3 complete | Strategies funded; auction may still be pending or live |
| Auction graduates + migrate | Trading live on Base · lottery on qualifying buys |
| Solana bridge | Bridge runs at Phase 2 finalize — Solana share bridge |
Next
Step 4: After activation — auction, finalize, trading live.
Related
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