Buzz Guard
Buzz Guard is a layer-cumulative USDC liquidity book that liquidity providers can deposit into during the weekly deposit window in order to earn up to 28% APR at the expense of a 1% fee. The layers within the book can be understood as weekly fixed-price liquidity injections that Popdex tokens can be sold into. These liquidity layers are intended to protect Buzz and Price after a Buzz Reset; hence, Buzz Guard. The 1% fee prevents single-sided token buying.
Every Popdex token has a Buzz Guard. During a token’s bonding curve phase, the Buzz Guard panel remains hidden. After Graduation, the Buzz Guard panel becomes visible.
Buzz Guard does not change Buzz or Price.
Technical details
Buzz Guard only accepts USDC. The Buzz Guard is a liquidity book composed of USDC layers with fixed-price positions. When the weekly layer activates, its fixed price is the price recorded at Buzz Reset. The weekly layer activates immediately on a successful Buzz Reset transaction. The permitted deposit amount per weekly Buzz Guard layer is 5% of the capacity snapshot’s value.
Positions do not mint LP tokens, NFTs, or transferable receipts. Deposits are first-come, first-served. Popdex tokens acquired by Buzz Guard remain permanently claimable.
Weekly deposit window
A Buzz Guard layer accepts deposits during the 24 hours before a Buzz Reset. The window closes at the scheduled boundary. Pre-existing Buzz Guard liquidity is not counted in any succeeding Buzz Guard capacity snapshots. After the capacity snapshot is recorded, deposits begin on the next Solana slot; deposits submitted in the same slot as the snapshot are rejected.
Buzz Guard sell routing
A user’s sell amount sells through Buzz Guard layers in canonical order when the layer’s fixed price is reached. After any relevant Buzz Guard layers are traversed, remaining sell amounts resume through normal pool liquidity. A single sell can traverse at most eight Buzz Guard layers; a sell that requires a ninth layer is rejected.
Buzz Guard does not guarantee that a trade will settle. Execution still depends on available inventory, applicable fees, slippage limits, wallet approval, and live on-chain state.
Withdrawing a position
Deposits become eligible for an all-or-nothing withdrawal one week after a Buzz Guard layer activates. The one-week lock starts with a successful Buzz Reset transaction. Acquired Popdex tokens and reward USDC remain permanently claimable. The interface provides one withdraw action. Withdrawing withdraws:
- all remaining deposited USDC once unlocked;
- all acquired Popdex tokens; and
- all reward USDC.
Depositors may receive less USDC than they deposited, and receive less APR than anticipated. The Buzz Guard is not insurance.