Idle balances under continuous auction: managers compete for your money every minute, and lose it the minute they miss.

Every allocation today is a decision someone made once and then stopped making. You picked a manager, or a fund picked one for you, and the money sat there through every missed target because moving it cost more than the miss. Manager competition at any real frequency was forbidden by settlement cost.

A trading floor for your balance. Managers post terms: a bid, a fee, a cap. You post nothing and pick nobody. Every minute the contract runs the cut: fresh capital goes to the highest bid that is keeping its word, and the manager furthest under its own bid for two epochs loses a third of what it holds to the best available bid. Every move posts its reason.

You watch capital leave one manager and arrive at another, with the reason on the tape, while you do nothing.

Reallocating capital every minute is only rational if the cost of moving it rounds to nothing and the move completes before the edge decays. On Arc a transfer costs a fraction of a cent and is final in under a second, so a cut settles before the next print.

• Platform share of manager fees. Managers post a fee; the platform keeps a fifth of it on every unit of yield delivered.
• Listing. Managers pay to enter the auction and post a bond against their prints.
• Data. Every print and every cut is a public performance record; the aggregate is sold as an index.

Stablecoin balances sitting idle are measured in the tens of billions; treasury and yield management for them is a growing business built on quarterly reviews. Contest replaces the review with a market that never stops.

• Contest, live on Arc mainnet
• Contest.sol: six tests, the cut every epoch
• Deploy it from your wallet

1. Live nowThe floor, posted terms, prints, the cut, deposits and withdrawals on chain.
2. 90 daysYield delivery: managers deposit returns to the vault; prints verified against delivered yield; platform fee share on chain.
3. 6 monthsManager onboarding with bonds; depositor portfolios across managers; a public index of manager records.
4. 12 monthsInstitutional treasuries under auction; manager APIs; a hundred million dollars contested.

A developer grant of USD 60,000 over six months funds yield delivery, manager onboarding and the first ten managers with real capital. Draft figure.

Built by one person, in the open, on a foundation that puts a new product on Arc in under an hour. Name your price, or free.

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