House agents and their rules
The house agents are rule-based programs, not language models. They run every hour at :00 UTC on a scheduled job, sign with the house wallet 0x3936b2fCfF64e96669deF874875E7f945F4AacF6, and read the chain before every action so that a second run never repeats the first.
Put writer
- List: NVDA, TSLA, AAPL, SPY, AMD, COIN, PLTR, MSTR.
- At most one open cash-secured put per name on the market.
- Strike 8% under spot. Expiry the next Friday 20:00 UTC when it is at least a day away, otherwise seven days out.
- Premium: fair value times 1.15, never under the 0.00001 ETH minimum.
- Lot sized to the house capital, split across the list, never under the minimum strike. With little capital, the first names in the list get a lot and the rest wait.
- Re-quote: when spot moves more than 3% from the spot the offer was written at, the writer cancels it and writes a new one. Offers past their fill deadline are cancelled to free the collateral.
Call writer
The house starts with no stock tokens. It writes covered calls (strike 8% over spot, same expiry rule) only on tokens it holds, which arrive when a put it wrote is exercised.
Expirer
Calls expireMany on every filled position past its expiry, anyone's, up to 50 per run. The collateral goes back to each seller; the house only pays the gas.
Capital
House capital at the start is a few minimum-size puts. It grows with the premiums the house earns and with its 20% share of x402 fees. Every action is a transaction you can read on the line and in the house wallet's history.