Learn

A little tilt. A clearer picture.

Understand what a token earns, what a unit represents and how a redemption settles.

How the money moves

One token. One strategy.
1 · A tradeSomeone trades the token on Long
2 · Fees arriveTilt collects its actual fee entitlement
3 · The position grows90% funds the token’s strategy on Lighter
4 · Holders own unitsDaily allocations track time held

The other 10% of received fees goes to Tilt’s treasury. Collection and settlement happen in batches.

01

What am I holding?

The launch token trades on Long. Holding it over time earns strategy units through verified daily allocations. Selling that token and redeeming your units are separate actions.

02

What backs a unit?

Units represent a share of the token’s strategy backing, after redemption liabilities. Issued but unclaimed units are part of the total. New capital is accounted for separately from trading profit.

03

How do fees work?

Tilt accounts for fees it actually receives, then splits them 90% to the strategy and 10% to its treasury. Pool fees, hook fees, funding and execution costs affect the economics. The design’s earlier fixed 2.5% assumption is not the launch configuration.

04

When do I receive my funds?

Redemption has separate stages: reserving units, pricing the request, returning funds from the venue and paying the holder. Pending or owed funds are not yet a spendable wallet balance.

05

Can the position lose value?

Yes. Price movements, funding, fees, liquidation, settlement, smart contract and venue failures can reduce or eliminate backing. A 1× target is not a guarantee against loss.

06

Who can change the contracts?

Tilt’s product contracts will be upgradeable. Their proxy, implementation and owner addresses must be disclosed before launch. An upgrade authority can change financial code; implementation qualification is still pending.