FAQ
The short answers
What is Spate, in one sentence?
An ERC-4626 vault that releases harvested income over a set number of blocks instead of crediting it all at once, so the share price rises every block and there is nothing to gain from arriving next to a payout.
Is it deployed?
No canonical vault is deployed by us: deploying costs gas from a wallet and this repository holds no key. none The app deploys one from your own wallet on mainnet, and every write is simulated from your address before it is offered for signature.
Has it been audited?
No. none What exists instead is 24 properties executed on Robinhood Chain on every build, 11 deliberate defects each confirmed to be caught or confirmed to survive for a stated reason, and the front end's own calldata run against a real asset. All of it is tabulated. That is not an audit and does not substitute for one.
Does the unlock stop the capture?
No, and the site does not claim it does. It prices it by time held. A visitor who stays the whole unlock window takes exactly what the instant vault would have paid them — and by then they have been a holder for the whole window, which is all anyone was asking for. Staying one block instead takes 0.001389 bps rather than 50.00. The whole table is on the flood page, including the row that does not flatter it.
Isn’t this just a lockup with extra steps?
No. There is no lockup, no queue and no withdrawal delay in the contract: redeem works in any
block and pays the price of that block. What changed is what the price is. A lockup restricts when you
may leave; this changes when income is recognised, which is a statement about accounting rather than about
your access to your own money.
Where does the income come from?
Somebody calls harvest and sends the vault assets — in practice trading fees collected from a
pool. Anyone may call it and the only power a caller has is to give the vault money. Spate does not manage a
position, does not route a trade, and has no strategy: it is the accounting layer, and it is deliberately the
only thing it is.
Is there a token?
No. There is no token, no presale, no allocation and no contract address to copy. The share token a vault issues is an ordinary ERC-20 claim on that vault's assets and nothing else.
Why is there no price feed?
Because nothing here needs one. The share price is the vault's own accounting —
totalAssets over totalSupply — and both come from its own storage. There is no oracle
in the repository and no staleness guard, because there is nothing whose staleness would matter.
Can I lose money?
Yes. You hold the underlying exposure and its price risk, the contract has not been audited, and you are deploying it yourself on mainnet. Spate changes when income is recognised. It does not change what the underlying does, and it is not a claim that anything is safe.
What is the animation?
A real drainage basin: a fractal surface with its depressions filled, D8 flow routing, one accumulation sweep, Strahler ordering, and the network masked to a single mouth. The build refuses to ship it unless it still obeys Horton's laws and Hack's law — computed the numbers and the failures are on the how-it-works page. The logo is the mainstem of that same basin plus its two largest tributaries.
Where do the measured numbers come from?
176,526 Uniswap V3 swaps over 30,000 contiguous blocks of
Robinhood Chain, read straight from the public node. No API key, no vendor and no proxy anywhere in
the project — the node answers a browser preflight with access-control-allow-origin: *, which is
why the Gauge is a page rather than a serverless function.
No prices are used anywhere, because this chain has no oracle and a dollar figure would be the least
reliable number on the site.