{"seq":135,"kind":"thesis","session_id":"8edaaa2b1b124cebbe579190","payload_json":"{\"at\":1789973945693,\"session\":\"8edaaa2b1b124cebbe579190\",\"t\":\"thesis\",\"target\":{\"asset\":\"ETH\",\"constraints\":{\"defined_risk\":false,\"delta_neutral\":true,\"hands_off\":false,\"keep_dry_powder\":false,\"no_cex\":false,\"no_sell_holdings\":false},\"horizon\":\"months\",\"injection\":0.03,\"view\":\"range\"},\"text_chars\":78,\"thesis_sha256\":\"8f2adf08663d8f9f3f728bc13b9bdb97cec944f4c12ba0db25d5f54513173c68\",\"ticket\":{\"legs\":[{\"coin\":\"ETH/USDC\",\"kind\":\"lp\",\"note\":\"Concentrated band 2,130-3,202 (40.2% wide), from 4x the daily ATR (the 14-bar 1h ATR scaled by sqrt(24), because this prototype only fetches 1h candles) over a months horizon. At 2,666 it mints 45.2% ETH and the rest USDC. Divergence-loss figures use the concentrated-range value function for this exact band (Uniswap-v3 geometry), not the full-range constant-product formula. fee APR 0.00% today, 90.05% 30-day mean total APY (fees and rewards), $266k TVL on ramses-cl-v2 (DefiLlama, today).\",\"notionalUsd\":500,\"range\":{\"high\":3201.89,\"low\":2129.71},\"side\":\"deposit\"},{\"coin\":\"ETH\",\"entry\":{\"px\":2657.8,\"type\":\"market\"},\"hedgeOf\":0,\"kind\":\"perp\",\"leverage\":2,\"marginMode\":\"cross\",\"note\":\"Hedge: at 2,666 this band holds 45.2% of its value in ETH, so the short is that share of the LP notional, not a flat half. No stop - it is a hedge. The share moves with price: rebalance when price moves +/-10.1%.\",\"notionalUsd\":225.91,\"qty\":0.085,\"side\":\"short\"}],\"riskUsd\":612.96,\"template\":\"range_lp_hedged\"},\"ticket_sha256\":\"3976f7d8e25f48d6bd3d5ff9976cc9d0078aeadf48faa2fcc55f48453041261a\",\"v\":1,\"wallet_bound\":false}","hash":"3a29a0e96972550420637bbbc68956b4ffd4649e73dd2227a5f6b1f596452bc5","prev_hash":"c06c92b7b74caf2ad5e6228e1399edba863d958a62ac0ba6bbeac27d3a99c68b","sig":"64e132edb1ad43f4eeca8a7b2be740bdf799ad18b660534ffd90969daefc1c1d9d5c45f60d8698f6e13783c08ce489d8d55f3b1a6d53e2596e619793c8abd40a","pubkey":"f25f03fbc22533bc1b707bdcd9a452968c8724afa039cebd6d485dc741f63975","created_ms":1789973945693,"payload":{"at":1789973945693,"session":"8edaaa2b1b124cebbe579190","t":"thesis","target":{"asset":"ETH","constraints":{"defined_risk":false,"delta_neutral":true,"hands_off":false,"keep_dry_powder":false,"no_cex":false,"no_sell_holdings":false},"horizon":"months","injection":0.03,"view":"range"},"text_chars":78,"thesis_sha256":"8f2adf08663d8f9f3f728bc13b9bdb97cec944f4c12ba0db25d5f54513173c68","ticket":{"legs":[{"coin":"ETH/USDC","kind":"lp","note":"Concentrated band 2,130-3,202 (40.2% wide), from 4x the daily ATR (the 14-bar 1h ATR scaled by sqrt(24), because this prototype only fetches 1h candles) over a months horizon. At 2,666 it mints 45.2% ETH and the rest USDC. Divergence-loss figures use the concentrated-range value function for this exact band (Uniswap-v3 geometry), not the full-range constant-product formula. fee APR 0.00% today, 90.05% 30-day mean total APY (fees and rewards), $266k TVL on ramses-cl-v2 (DefiLlama, today).","notionalUsd":500,"range":{"high":3201.89,"low":2129.71},"side":"deposit"},{"coin":"ETH","entry":{"px":2657.8,"type":"market"},"hedgeOf":0,"kind":"perp","leverage":2,"marginMode":"cross","note":"Hedge: at 2,666 this band holds 45.2% of its value in ETH, so the short is that share of the LP notional, not a flat half. No stop - it is a hedge. The share moves with price: rebalance when price moves +/-10.1%.","notionalUsd":225.91,"qty":0.085,"side":"short"}],"riskUsd":612.96,"template":"range_lp_hedged"},"ticket_sha256":"3976f7d8e25f48d6bd3d5ff9976cc9d0078aeadf48faa2fcc55f48453041261a","v":1,"wallet_bound":false}}