Understanding Buzz Guard

Buzz Guard is a weekly liquidity vault Liquidity Providers can deposit into in order to potentially generate up to 28% on their liquidity.

Buzz Guard is Popdex’s weekly USDC liquidity vault for bonded Popdex tokens. Eligible depositors can earn a share of trading fees, capped at a maximum of 28% APR.

Every Popdex v3 token has Buzz Guard attached as a mandatory part of its pool state. During PreGrad the app phase-hides the panel. After Graduation, the same attached mechanism is displayed without an activation transaction.

Buzz Guard creates a separate weekly vault that can absorb eligible sell activity before normal pool USDC is used. When the vault acquires attention tokens, later buys can route through those tokens before drawing from the normal pool.

Buzz Guard does not independently change Buzz, price, or normal LP accounting. Trades routed through Buzz Guard still update Buzz and price under the normal trading rules. Buzz Guard changes how eligible trades are settled across normal pool inventory and Buzz Guard inventory.

A separate form of liquidity

Buzz Guard is not normal liquidity provision.

Normal liquidity providers contribute USDC and attention tokens, receive LP tokens, and hold a proportional share of the normal pool.

Buzz Guard depositors contribute only USDC to a specific weekly vault. The net deposit creates non-transferable protection shares recorded in the depositor’s position.

Buzz Guard positions do not mint LP tokens, NFTs, or transferable receipts. A position applies only to its individual weekly epoch and never rolls automatically into the next week.

When the weekly vault becomes Active, its USDC becomes a separate layer of settlement inventory for eligible sells. Buzz Guard protection USDC is used before normal pool USDC. This can reduce pressure on the normal pool’s USDC inventory.

If the vault receives attention tokens from sellers, those tokens can later be routed to buyers before normal pool tokens are used.

In return for providing this weekly protection inventory, eligible Buzz Guard positions may receive an elevated share of trading fees.

The weekly deposit window

For every PostGrad v3 pool, the Buzz Guard panel remains present even when no weekly vault has been initialized yet. Epoch initialization, the capacity snapshot, and the deposit window determine which actions are currently available inside Buzz Guard.

Each weekly vault accepts deposits during the 24 hours before the scheduled Monday at 00:00 UTC Buzz Reset. The window closes at the scheduled boundary even if the on-chain reset has not yet been applied.

Before deposits can begin, the vault records a capacity snapshot. The snapshot includes:

• USDC held by the normal pool;
• the normal pool’s attention tokens valued at current price;
• eligible Active Buzz Guard protection from the previous epoch.

After the capacity snapshot is recorded, deposits can begin on the next Solana slot; a deposit submitted in the same slot as the snapshot is rejected.

The weekly vault capacity is 5% of that eligible snapshot value.

Deposits are permissionless and first-come, first-served. There is no allowlist and no per-wallet cap.

Deposits are not partially filled. A deposit must fit within the remaining vault capacity or the transaction is rejected.

A 1% deposit fee is deducted from the gross USDC deposit and paid to the Popdex Treasury. The net USDC deposit funds the protection vault and creates protection shares on a 1:1 basis.

Once accepted, a deposit is final for that epoch. It cannot be withdrawn early.

Activation after Buzz Reset

Solana programs cannot run automatically.

After the Monday boundary, the pending vault becomes Active when the first successful reset-capable trade or liquidity action applies that week’s Buzz Reset.

If the intended weekly reset is skipped, the pending vault expires instead of activating. When a later Buzz Reset replaces an existing Active vault, the older vault becomes WithdrawOnly.

Each weekly vault is independent. Participation in one week does not create a deposit in the next week.

How Buzz Guard routes trades

While a vault is Active, its assets can participate in trade settlement alongside the normal pool.

On an eligible sell, Buzz Guard protection USDC is used before normal pool USDC. The Buzz Guard vault receives the corresponding share of the attention tokens sold.

On a later buy, attention tokens previously acquired by the Buzz Guard vault are used before normal pool attention tokens. The corresponding USDC is recorded as recovered USDC for that epoch.

A trade can be split between Buzz Guard and the normal pool.

Buzz Guard does not guarantee that a trade will settle. Execution still depends on available combined inventory, applicable fees, slippage limits, wallet approval, and live on-chain state.

Because the vault can exchange protection USDC for attention tokens, a depositor’s final claim may contain a combination of USDC, attention tokens, and earned rewards rather than the original amount of USDC deposited.

Buzz Guard rewards

Eligible Buzz Guard positions may receive a share of the portion of swap fees targeted to liquidity.

Allocation depends on eligible Buzz Guard protection, normal LP value, trading activity, and the protocol’s fee-allocation rules.

The 28% rate is a maximum cap, not a target or guaranteed return. A position may earn less or may earn no rewards.

Learn more about fee allocation in Understanding Fees.

When positions become withdrawable

Owner withdrawals are unavailable while an epoch is Pending or Active.

A position becomes withdrawable when its epoch reaches a terminal state:

• Depleted: the Active protection USDC has been fully used.
• WithdrawOnly: a later weekly reset has replaced the Active epoch.
• Expired: a Pending epoch did not activate for its intended reset.

The Popdex interface separates claims into four buckets:

• APR-USDC: the position’s share of remaining protection USDC.
• Non-APR USDC: USDC recovered from attention tokens used in later buys.
• Earned USDC: fee rewards earned by the position.
• Tokens: the position’s share of attention tokens acquired by the vault.

Protection USDC, recovered USDC, and acquired token claims are calculated from the position’s protection shares and may be affected by integer rounding. Earned USDC uses reward-index accounting, so deposits, withdrawals, and reward checkpoints can affect the final earned-reward claim.

After every available claim has been withdrawn, or the position has been finalized as claimless, the position can be closed.

Risks and limits

Buzz Guard does not guarantee principal protection, profit, rewards, liquidity, Price stability, or a successful exit.

Depositors may receive less USDC than they deposited. They may also receive attention tokens whose value has changed.

Deposits remain locked until the epoch becomes withdrawable. Capacity may fill before a deposit is submitted, and transactions may fail because of stale state, wallet issues, network conditions, account setup, or program validation.

Buzz Guard does not create a price floor, stop Buzz or current price from falling, or guarantee that sell activity can be absorbed. It is a settlement and inventory mechanism, not insurance.

Always review the deposit fee, net protection deposit, remaining vault capacity, wallet prompt, position claims, and transaction status before signing.