method

Tokenized lots pass through the desk before they become shares.

Method is the operating ritual: admit the on-chain lot, separate the pair into exposure, compare it against the real market, then route only when delivery can be named.

01

Pool share received

tokenized lot verified against venue state

02

Reference mark

primary exchange print, stale-window checked

03

Conversion route

pair netted, hedged or crossed into custody

04

Real share delivery

non-tokenized position settles to the owner rail

Conversion calculus

Admission, normalization, routing and settlement scored as one path.

weighted route0.713
admissionlot_ok = wallet_qty >= min_lot && age < 90swallet lot enters a narrow queue with venue, ticker and quantity marked separately
normalizationshare_qty = token_qty * pool_ratio * split_factorpool units become stock units before route scoring touches the position
routingscore = edge - gas - borrow - stale_penaltythe engine compares custody fill, exchange reference and delivery availability
settlementdeliverable = min(custody_cap, fillable_lot)the output is a plain brokerage share record, not another wrapped claim
pressure surface64.8 / 100
100753509:3009:45route threshold
route confidence93%
stale-window90s
min-lot0.05 sh
haircut91 bps
oracle quorum3/5
netted drift+2.82%
custody cap41.2 sh