Perpspad was built on one idea: what you pair a coin against says what you believe. Perps, stocks, RWAs. It's been the home for conviction pairing since day one. Now we're expanding what you can pair against. Heres a technical look at what we're building. Until now, a pair could express one view: one stock, one perp, one asset. With the perp basket feature been live on perpspad since day 1, we’re expanding on this feature. We’re not just enabling underlying asset backing with baskets, we’re introducing conviction tokens. Real conviction is usually a combination. "AI" isn't one ticker. Neither is "bull run". So we're making the combination itself pairable. @PoiseFinance an engine for tokenising convictions. A bin is 4–5 tokenized assets (stocks, commodities, RWAs, crypto) with fixed target weights issued as a single SPL token that can be minted by depositing the underlying tokens and redeened for them at any time Each SPL token is backed by the underlying tokens held onchain, and its value is the bins's combined NAV (Net Asset Value). The NAV comes from what the vault actually holds. Not from a pool's spot price, and not from target weights. Pools can quote a bin. They don't get to define what it's worth. At creation, the SPL token is minted and a pool is created on @MeteoraAg in the same flow, so a bin is tradable the moment it exists. A keeper then watches market price against the NAV of the bin and rebalances them when they drift. what does this mean for @perpspadfun: On Perpspad, a bin becomes a quote option. Launch a coin against a bin as an option , currently we have three options for token launches, and it inherits the bin's and narrative. Every trade that routes through a bin generates fees, the minted SPL tokens goes to the person who created the bin and also to Perpspad protocol to feed the flywheel. Perpspad is the first home for bins. Conviction pairing. @MainJeefx and I already built the infra during super team Georgia startup week, we’re fully fleshing out the idea now. Powered by @sunrise and @MeteoraAg, we’re excited to be building and expanding perpspad on @solana. Shout out to @sudotx @lordghostx for being a very important part and contributing to this project, @PoiseFinance Read the paper here: github.com/adpthegreat/poise… NOTE: poise will strictly be focused on providing the infra possible to conviction type bins. There is no and will not be any token for poise. Every fee, revenue will be routed to @perpspadfun We will win forever