A NEW THOUGHT FOR LIQUIDITY

Nacre.

A floor beneath your fee income.

Markets move. Ranges break. Nacre imagines a way for liquidity providers to protect the income they came for.

AN EXPERIMENT IN LP FEE PROTECTIONSCROLL TO EXPLORE MOVE TO REVEAL THE ARTWORK
CONCEPT / 001BUILT AROUND UNISWAP V4 & 1INCH AQUATHE FUTURE OF LIQUIDITY PROTECTION

A BETTER WAY TO STAY IN THE GAME

When your range goes quiet, your ambition shouldn't.

Concentrated liquidity puts your capital exactly where it can work hardest. But once price moves outside your range, the fees can stop.

Choose a range backed by an underwriter. Supply liquidity, buy fee protection, and give your position a floor for the agreed period.

FUNDED RANGES. DEFINED TERMS.
FROM RANGE TO REASSURANCE

Four steps. A floor beneath your fees.

  1. THE UNDERWRITER

    Back a price range with capital. Set the premium, duration and available spots.

  2. THE LIQUIDITY PROVIDER

    Choose a funded range, narrow it to fit, and supply your two tokens on Uniswap v4.

  3. THE AGREEMENT

    Choose an eligible fee target and pay the premium to activate your coverage.

  4. THE OUTCOME

    At expiry, eligible fees are measured. Collateral covers a shortfall up to your policy’s cap.

PROTECTION / 002A FLOOR FOR QUIET RANGESNACRE / THE MODEL

Protection, priced by the market.

No universal premium. No single price for every position. A clear request, competing quotes, and coverage tied to a real position.

01

Set your floor.

Choose the Uniswap position, a time window, and the minimum fee income you want to protect.

✳A guarantee shaped around your position.
02

Let the market quote.

Independent underwriters compete to offer a premium. You choose the terms that work for you.

✳One risk. More than one price.
03

Keep your footing.

If eligible fees finish below the agreed floor, locked collateral covers the shortfall up to the limit.

✳A clear outcome, settled onchain.

Nacre

UNISWAP V4 × AQUA
MARKET / 003COMPETING QUOTES · CLEAR TERMSUNISWAP V4 × AQUA
ILLUSTRATIVE EXAMPLE

What a little certainty could look like.

Imagine protecting a week of fees on an ETH/USDC liquidity position. This example shows the payout idea, not a live quote or available coverage.

Same position. Same market.
A different outcome.
ETH / USDC7 DAY WINDOW ↗
ILLUSTRATIVE NET INCOME
$88 after $12 premium
Agreed fee floor$100
Actual eligible fees$40
Illustrative cover premium− $12
Shortfall paid from cover+ $60

$40 in fees + $60 cover payout − $12 premium.

For illustration only. Pricing, eligibility, and settlement are proposed mechanics.
OUTCOME / 004THE FEE FLOOR IN ACTIONNACRE / THE IDEA

THE NACRE IDEA

The market moves.
Your floor remains.

Try Nacre