Step 4: After activation
What happens after Activate. Activation finalizes your deposit and share split — it does not open secondary DEX trading.
Public DEX trading starts after the share auction completes and settlement succeeds on Base. Monitor in the deploy app.
Right after activation
| Item | State |
|---|---|
| Vault | Funded (50M–100M creator coin) |
| Share auction | Scheduled or live (Thursday 00:00 UTC epoch) |
■ on DEX | Not yet |
| Lottery | Not yet (needs qualifying live buys) |
| Milestone | Activated |
Share allocation
| Leg | % | Notes |
|---|---|---|
| Creator vesting | 25% | 365-day linear unlock |
| Solana bridge | 25% | LayerZero at finalize |
| Base CCA (auction + LP) | 25% | 18.75% auction · 6.25% LP reserve |
| Spoke EVM CCA inventory | 25% | RH/Arb/Eth/Uni async (each leg 75/25 auction/LP) |
Timeline
| Step | What happens | Your action |
|---|---|---|
| Phase 2 finalize | Wrap + launch inventory split | Sign in app |
| Phase 3 strategies | Charm 45% · Ajna 45% · 10% idle | Sign in app |
| Phase 4 launch | Auction scheduled | Sign in app |
| Auction live | Clearing price discovery | Monitor |
| Settlement | sweepCurrency() → migrate() | Keeper / app if prompted → Trading live |
Trading live on Base
Base is trading live when all succeed:
- Auction graduates (minimum raise met)
sweepCurrency()migrate()(Uniswap v4 LP from auction + LP reserve)- Hook /
tradeFeeCollectoraligned with gauge routing
Failed auction: finalizeFailedAuction() / sweepUnsoldTokens() clears state for relaunch. CCA arm.
Once live: ■ trades on Base DEXs; fees → gauge; lottery on qualifying buys → LotteryManager; Zora earnings can accrue PPS via creatorCoinPayoutRecipient.
FAQ
Why isn’t trading live? Buyers get shares through the auction first; open DEX trading follows settlement.
When does lottery start? After trading live, on qualifying ShareOFT DEX buys — not on activation or bridge receipts.
Do I finalize manually? New vaults are app-orchestrated; follow in-app prompts.
Auction stuck? Use in-app support. Onchain: CCA arm.
Prev: Step 3: Activate vault · Next: Fees, auction, and lottery
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