Where this model comes from
The limited partnership is an old idea. Investors put up the money as limited partners, a general partner runs it, and the general partner keeps a cut of the profit, called carried interest. Some of the best-known investors of the last century ran exactly that setup. We run the same arrangement on chain and keep the carry at 25%. The part we drop is the entry requirement.
How it fits together
TODAY
Public records
7-day results
SWEEPER trades
volume, return
Trader board
who is worth backing
Backers
stake SWEEPER
Trader
general partner
Season pool
SWEEPER from sell fees
75% backers
25% carry
NEXT
Backers
fund the vault
Vault
capital at risk
Trader
trades it
The same setup elsewhere
Arrangements that already put someone else's money behind a trader
| Structure | How it works |
|---|---|
| Limited partnership | Limited partners fund it; the general partner runs it and keeps carried interest |
| Classic investment partnerships | The manager takes a share of profit above a hurdle, nothing on losses |
| Separately managed account | The investor owns the account; the manager can only trade it |
| PAMM and MAM accounts | Many followers pooled under one manager, split by share, plus a performance fee |
| Proprietary trading firms | The firm provides the capital and the trader keeps most of the profit |
| On-chain vaults | Several protocols run the same deal in smart contracts today |
None of this is new. Becoming a limited partner takes accreditation and six figures; running a fund takes seed money, a prime broker, an audit and a minimum size. Here, your on-chain record is the only credential and a wallet is the only account.
What you risk at each stage
| Stage | Form | Principal at risk |
|---|---|---|
| 1 | Stake SWEEPER behind a trader; seasons pay out | None |
| 2 | Backing sets the rankings | None |
| 3 | A vault the trader trades with | Yes |
The first two stages show who can trade, and backing the wrong person costs nothing but your stake. By the time real money can follow a trader, their record is already public.
The contracts
Stage one, planned for launch
FeeHook
the trading hook that takes the fee on buys and sells
FeeSplitter
splits each fee into exact integer shares
RewardPool
collects the Sweeper Capital share and pays out past the threshold
TierRegistry
records tiers, raised with SWEEPER and never lowered
SweepArena
escrows both stakes and settles each duel
ReferralRegistry
records who brought whom, three levels deep
CoinVault
holds and pays out the coin a buyer picked
BuybackVault
holds bought-back SWEEPER for season rewards only
What vaults would still need
Trader vault
the money backers fund, with its own record of shares
Trade permission
lets the trader trade the vault and nothing else
Withdrawal path
lets backers leave, with no way out for the trader
Venue and asset allowlist
sets where and what a vault may trade
Drawdown limit
stops a vault at a set loss, before backers are wiped out
Performance split
pays the trader once, and only on profit
This list names jobs, not a design. Holding other people's money is regulated, so lawyers settle how it works before any code is written.
None of these contracts is deployed yet. Addresses appear on the Treasury page as each one goes live.