Step 3: Activate vault
Deposit creator coin, attach strategies, and schedule the share auction for ■ tradable shares.
| You do | Sign activate (Permit2 or approve + activate) |
| 4626 does | Deposit · mint · wrap · seed auction |
| Done when | Activated — deposit finalized; auction scheduled or live |
| Deposit | 50M–100M creator coin |
What activation does
Transfers 50M–100M creator coin into CreatorOVault, mints shares, wraps into ■ ShareOFT, and schedules the share auction. This is open price discovery, not a private sale. The auction sells ■ for USDC/ETH.
On finalize, wrapped ■ splits 25% vesting · 25% Solana · 18.75% Base auction · 6.25% Base LP · 25% spoke CCA inventory (spoke legs launch async at 75/25 auction/LP). Share allocation.
What finalize does not do
Phase 2 finalizePhase2 wraps the deposit and enforces the launch-inventory bps split. It does not:
- Fund Charm / Ajna — that is Phase 3 (
deployPhase3Strategies+deployToStrategiesat 45% / 45% / 10% idle) - Graduate the auction or call
migrate()— that runs after the auction completes
App order: finalize → Phase 3 strategies → Phase 4 launchDeferredAuction → (later) settlement.
Paths
Permit2 (preferred): one signature for deposit + wrap + auction seed.
Approve + activate: approve batcher, then activate. The app picks the path.
After you sign
| Step | Onchain | Outcome |
|---|---|---|
| Phase 2 finalize | finalizePhase2 | Deposit wrapped; launch inventory bps |
| Phase 3 | strategy deploy | Charm 45% · Ajna 45% · 10% idle |
| Phase 4 | launchDeferredAuction | Auction scheduled (Thursday 00:00 UTC) |
| After auction | sweepCurrency() → migrate() | Uniswap v4 LP → trading live |
No open DEX trading until the auction settles. Solana bridge runs at Phase 2 finalize. Solana share bridge.
Prev: Step 2: Deploy contracts · Next: Step 4: After activation
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