Waiting to join the wall
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HOOK WALL / VISUAL GUIDE
The wall, at a glance.
See where it buys, what’s left, and what an update changes.
Trades in each zone buy HETH
In orders, awaiting collection
Already removed from supply
The wall can still buy an estimated— HETH
If all remaining buy zones fill.
01 / FOLLOW THE PRICE
When does it buy?
When the market trades into a funded level, its ETH buys HETH.
Seven levels sit at different prices. Each has its own ETH to spend.
WHAT IF…
AT THE LAST SNAPSHOTLoading the wall…
An update can settle completed buys and place eligible funds.
Try any of the seven levels +
An illustration. No trade is made.
Market HETH price— Snapshot
ETH prices · per HETH
THE SEVEN BUY LEVELSETH LEFT · ESTIMATE
1
Level 1——
2
Level 2——
3
Level 3——
4
Level 4——
5
Level 5——
6
Level 6——
7
Level 7——
The bars show how much of each order is filled. Fills can reverse if price moves back before collection.
Inside a buy zone: follow the ETH → HETH → burn +
WHAT HAPPENS INSIDE A BUY ZONE?
Follow a buy
ETH waits in the order—
Each level has its own buy price.
Trades exchange ETH for HETH—
Bought in this order, awaiting collection.
Collect, then burnRemoved from supply
An eligible update collects qualifying bought HETH and burns it. Fully filled orders can also be collected separately.
Does it buy every few minutes? No. Trades fill the order as price moves through its buy zone. There is no fixed amount or time between buys. Reaching the start price does not spend the whole level at once.
02 / FOLLOW THE ETH
How much is left?
ETH already in the wall, plus fees waiting to join it.
Wall + waiting ETH— ETHCurrent estimate
In buy orders— ETH
Available across funded levels.
Waiting to be placed— ETH
An update can put this to work.
WHAT IF NOTHING TRADES?
Does waiting make it buy?
Keep price and orders fixed. No trades, update, or collection.
1 hour later: 0 extra HETH bought
Time alone does not spend the wall’s ETH. An update window opening does not execute an update.
Recorded ETH vs ETH left now +
WHAT DOES “ETH AT LAST SETTLEMENT” MEAN?
A saved record of the ETH assigned to the buy orders at their last settlement. It is not ETH already bought or spent. Trades can change what remains before that record is updated.
Recorded then— ETHLeft in orders now · estimate— ETH
Bought. Collected. Burned.HETH collected from filled wall orders is removed from supply.
— HETH burned03 / THE NEXT MOVE
What changes after an update?
This snapshot is not ready for a reliable update estimate. Try the worked example.
Live wall · next regular update window—
This is an update window, not a buy timer. An onchain transaction still has to run.
Who updates it? What if the update is late? +
Anyone can submit an eligible update, including an automated worker. The contract checks the rules; the caller does not choose the allocation. A transaction must succeed onchain, so the countdown is not a promise of an exact execution time.
Existing orders can still buy
Trades can still fill funded orders at their existing prices. A delay does not pause them. Waiting ETH is not placed by time alone, and uncollected fills can reverse if price rebounds.
Illustration only. Fully filled orders can also be collected and burned separately, without waiting for the regular update window.
The three steps of an update +
- 1Collect completed buys
Eligible bought HETH is collected and burned. Very small partial fills may need more trading before they qualify.
- 2Adjust the buy levels
Prices may move closer to the market, within the contract’s limits.
- 3Place waiting ETH
Funds go where the rules allow. The seven levels do not get an equal split.
WHAT IF MORE ETH IS WAITING?
Add example funding. See which levels receive it after an update.
ETH
This adds to waiting funds, not swap volume. The update rules still decide what can be placed.
Why does one level get more ETH? +
7Build deep coverage
If the deepest level is below the contract’s coverage target, waiting ETH starts with Level 7.
1–6Fund nearer levels
When that target is met, funding starts with the six nearer levels. Balance limits can adjust either split.
The contract compares the deepest order’s buying capacity with circulating HETH, using the reference price. An update does not pool all seven existing balances and split them equally. Surviving orders carry their own ETH when moved; ETH returned during settlement can join waiting funds.
If an allocated buy range cannot be placed below the market, its ETH stays waiting. That does not mean the ETH disappeared.
ETH IN EACH LEVEL
Current positions · estimate
Level 1
—
Level 2
—
Level 3
—
Level 4
—
Level 5
—
Level 6
—
Level 7
—
Where will all seven buy prices move? +
Compare each buy range before and after this same update estimate. Prices are per HETH; each range runs from start-buying to finish-buying.
A reliable numerical update estimate is not available for this snapshot. Select “Worked example” to explore a clearly labeled example.
Normal updates can raise the reference within the contract’s limit, or leave it unchanged. They do not automatically match the market price. Resets follow separate rules.
In orders— ETHStill waiting— ETH
The numerical update preview is unavailable for this snapshot. Expand the steps beside it to see how an update works.
What happens after the deepest level fills? +
Follow the next steps. Each stage needs its own conditions; a price move alone does not execute the whole sequence.
The old orders have spent their ETH
If trading crosses the whole deepest range, the remaining old orders are filled. Their HETH still awaits collection. Before settlement, a rebound can reverse these fills.
Mechanism illustration, not a reset-price prediction. The numerical update comparison above covers normal updates only. A separate recovery rule also exists for an empty wall that remains unable to place orders across qualifying updates.
What do the columns on the detailed page mean?
- Buy order
- One of the seven separate levels. Each holds its own ETH and buys in its own price range.
- Order entry price / buy range
- Where this level starts and finishes exchanging ETH for HETH as price falls through it.
- ETH at last settlement
- The saved ETH amount assigned to this level when it was last settled. Current remaining ETH may differ.
- Estimated remaining capacity
- How much more HETH this order could buy if the rest of its range fills. It is an estimate, not a second token balance.
- Depth
- Remaining HETH buying capacity compared with circulating HETH. A larger value means more capacity, not a guaranteed price floor.
- HETH in orders
- How far the order has filled and the HETH currently held in it. This can reverse before collection if price moves back.
- Cumulative burned HETH
- HETH already collected and permanently removed from supply. This is completed burning, not tokens still inside an order.