Research/Launch steps
NACRE WORKSPACE

Launch steps

A new market opens when its liquidity and protection are both funded.

HISTORICAL RESEARCH

Launch path

4 STEPS
TESTNET POOL DEPLOYED

The WETH/nUSDC pool is initialized on Base Sepolia. Liquidity positions and protection must still be funded on-chain.

  1. 01
    Create a v4 pool

    Deploy a new Uniswap v4 pool with the Nacre fee hook. The v3 series on this page are pricing references.

  2. 02
    Fund an LP position

    Mint a Uniswap position receipt, choose a 30-day fee floor and cap, then escrow that receipt with the request.

  3. 03
    Invite underwriters

    Makers publish competing Aqua quotes for the same request and approve enough USDC for the cap.

  4. 04
    Activate together

    The LP accepts one quote. Aqua pulls the full cap into the vault as the premium moves to the maker.

Compare reference pairs

Funding gate

MARKET STATUS
NOT FUNDED

Both sides commit before a market opens.

LP capital establishes the pool. Underwriter collateral backs the selected fee floor. Once both are committed, coverage can begin.

View pool directory