State a band.
Price the window.
See the whole ladder.
Founding is not one transaction. This wizard composes the Product, the terminal window and the funding from the same arithmetic the chain applies, then shows the exact transaction set — including the rungs a browser cannot build yet, named with the reason. Nothing here fabricates a price, a market, or a release.
Range protection on a Pyth source
A categorical partition of one coordinate domain by two cuts, plus an explicit failure outcome. The payoff is one unit of the liability basis in either tail and nothing inside the band — the shape a holder buys as protection against the price leaving a range they can live with.
Band 120 to 180 · 3 ordinary regions + 1 explicit failure = 4 outcomes · portfolio denominator 1, gcd-normalized
| Outcome | Label | Coefficient | Pays |
|---|---|---|---|
| 0 | SOL/USD < 120 | 1 | one collateral atom per claim atom |
| 1 | 120 ≤ SOL/USD < 180 | 0 | exactly zero |
| 2 | SOL/USD ≥ 180 | 1 | one collateral atom per claim atom |
| 3 | Resolution failure | 0 | exactly zero |
The labels above are display metadata and are never decoded from a Market account. What the chain re-derives at Found time is the partition: cuts strictly increasing, regions exactly cuts + 1, outcomes exactly regions + 1, and a portfolio that is neither empty nor un-normalized.