The liquidity book earns fees in every pool it holds. Round after round, at no set time, those fees are collected, sold for USDG, and put straight back into the book's LOOM pairs: half of it buys LOOM on the chart, the other half buys what it is paired with, and both go into the pools. Nothing is paid out, nothing goes to development and nothing is burned: every dollar the book earns stays in the book, and the LOOM it buys earns there.
Bought back today135,160 LOOM135,160 LOOM$12.06 of USDG in 1 buy
Earned today$1.25$1.25USDG booked as the book's principal this day (the LOOM side of the fees stays LOOM and is counted below)
Bought back all time7,185,455 LOOM7,185,455 LOOM$1,428.35 of USDG in 51 buys since Sep 24, 2026, 12:49 AM UTC
Worth now$651.37$651.37All the LOOM bought back, at today's price. It sits in the book's pairs and earns.
Waiting for the next round$381.84$381.84$60.76 of USDG and stock fees collected, $321.08 of LOOM fees, $0.00 still in the positions
LOOM fees kept3,541,957 LOOM3,541,957 LOOMThe LOOM side of the pairs' fees is never sold: it stays in the book and goes into the pairs as LOOM. Worth $321.08 now.
The book$15.28K$15.28K35 positions and idle principal, 86,979,669 LOOM of it
How a round goes
The book is collected. Fees from every position are gathered. The stock and ETH side is sold for USDG; the LOOM side stays LOOM.
The earnings are booked. All of it becomes the book's own principal. The desk contract sends half through the rewards contract by its own rule, a floor written in for the old payouts; that half is published straight back to the book and booked shortly after.
LOOM is bought. The keeper fills the pairs that need it most: for each, half the money buys LOOM on the chart, half buys the stock or ETH it is paired with.
Both go into the pools. One full-range position per pair, owned by the book, earning the next round's fees. Every buy is written down below with its receipt.
What it means for holders
A bid on the chart whenever the book has earned, sized by what was earned, at no time anyone can set a clock by. A busy day buys a lot; a quiet day buys a little.
The LOOM bought does not leave. It sits in the book's pairs, so the book's liquidity deepens and its fees grow with it.
The book never sells LOOM on purpose. A pool does hand some back as the price rises, because that is what a pool is; the keeper never does.
Holding 100,000 LOOM still cuts the book's share of your ladder fees from 5% to 3.5%.
This replaces the daily payouts from 24 September 2026. Earlier payouts stay claimable on the past payouts page.
The buyback depends on what the book earns, which depends on trading in the pools it holds. Some rounds buy nothing. It adds a bid; it does not set a floor, and the price of LOOM can still fall. None of this is investment advice.
