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Overview
01 / 09
bob · Belief-Oriented Buyback · Uniswap v4

Deposit one asset.
Earn more of it.

bob is a single-sided liquidity manager on Uniswap v4. Deposit one asset, put a portion to work in a correlated pool, and let trading fees compound back into the asset you started with — no pairing, no rebalancing, no selling.

Uniswap v4 single-sided liquidity correlated crypto pairs oracle-free
Belief asset WBTC
Conviction dial20%
Reserve80%
Fees→ WBTC
the cowboy — you the unicorn — Uniswap the lasso — the fee buyback
01The Problem

You hold an asset you don't want to sell.
Traditional LPing quietly sells it.

⚠ Pairing required

You need both sides of the pool.

Classic LPing ships your thesis with a second exposure — you must hold and risk the paired asset too.

WBTC + ETH required
⚠ Range babysitting

Positions drift out of range.

Concentrated ranges stop earning the moment price leaves them; managed vaults patch it with oracles and keepers.

OUT OF RANGE
⚠ Upside tax

Rallies cut your token count.

When your coin rips, the pool sells it down — you are taxed hardest exactly when your thesis is right.

price your holdings
USD USD
BTC / ETH

The problem is not just impermanent loss. The problem is the wrong scoreboard — LP products keep score in dollars; believers keep score in coins.

What if LPing respected belief?

02Allocation

One decision:
your allocation.

Deposit 10 WBTC
Reserve · 80% 8.0 WBTC keeps believing — rides like holding
Working slice · 20% 2.0 WBTC earns fees — full-range in the pool

Reserve keeps believing. Slice earns fees.

At deposit, max deployed slice = 50% — the dial chooses how much IL exposure you accept. dialUp can raise it later, deliberately.
Drag the dial — locks in 10% steps
20%
RESERVE · RIDES
DEPLOYED
on a 10-coin deposit: 8.0 ride untouched 2.0 earn fees
dialUp dialDown withdrawReserve
03Fee Buyback

Fees come back home.

Every swap pays fees. bob harvests them and buys them back into the asset you deposited — the scoreboard stays in your coin.

Pool · WBTC/ETH
WBTCETH
swaps flowing
Fees accrued 0.0000 ₿ + Ξ
harvest() anyone · bounty-paid
Buyback fees → WBTC, in-pool
Belief balance 10.0000 WBTC · safe from further IL
Permissionless harvest Bounty-incentivized Belief-asset accounting Oracle-free · in-pool pricing Also runs inside every deposit, withdrawal & dial adjust
04The Mirror

Same WBTC/ETH pool.
Two opposite believers.

Market regime
WBTC

Alice — BTC believer

LONG BITCOIN
Deposits 10 WBTCDial 20%Wants more BTC
9.96WBTCsmall toll
reserve rode the rally untouched
WBTC / ETH one pool · two isolated vaults
each paid in its own coin
ETH

Bob — ETH believer

LONG ETHEREUM
Deposits 10 ETHDial 20%Wants more ETH
10.12ETHaccumulated ✓
the pool bought ETH while it was cheap

Whichever asset underperforms gets accumulated · flat markets let fees matter · rallies tax only the chosen slice.

Illustrative 3-month WBTC/ETH scenario at a 20% dial — fees depend on real volume.

05Architecture

Built on Uniswap v4. Honest about the tradeoff.

Userone asset in / out · native ETH supported
BOBManagerisolated vault per (pool, asset)
reserve + slice accounting harvest + buyback engine pro-rata LP credits slippage floors + deadlines
Uniswap v4 PoolManager the singleton · flash accounting (EIP-1153)
unlock → unlockCallback() modifyLiquidity · full-range swap · in-pool pricing settle / take · deltas → 0
Hookless correlated poolWBTC/ETH · LINK/ETH · AAVE/ETH — hooks == 0x0, enforced on-chain

bob will

  • Single-asset entry and exit
  • Pay fees in the belief asset
  • Run without oracles, keepers, or range babysitting
  • Bound downside to the chosen deployed slice

bob won't

  • Guarantee more tokens in every market
  • Protect dollar value
  • Eliminate impermanent loss — it bounds and reframes it through the slice you choose
deposit() harvest() withdraw() dialUp() dialDown() withdrawReserve()

Based on Belief. One asset in. One asset out.

Based on Belief.

Deposit what you believe in. Earn more of what you believe in.

bob · Belief-Oriented Buyback — research software, pending formal audit · not financial advice
Speaker notes