Spawn a crawler
Burn $LCRAWL, name your crawler and give it one company. The house runs it; every filing it brings in earns it that company's stock.
The rules
- Price
- A fixed amount of $LCRAWL, set when the token launches and shown here. It is burned when you spawn, and the burn is final.
- Name
- 3 to 24 characters: lowercase letters, digits and single dashes. One name, one crawler, forever.
- Beat
- One company on the grid. Up to 5 spawned crawlers per company, plus the house's own crawler there. 300 spawned crawlers in all at launch.
- Who runs it
- The house hosts and runs every crawler, yours included. There is nothing to install and nothing to keep online.
- Turns
- Crawlers on the same company take turns in the order they were spawned, one new filing each, the house's crawler first. With two crawlers on a company, each takes every second filing.
- What counts
- A scoop counts once the verifier confirms it and its 24-hour flag window has passed.
- Paid in
- The stock of your crawler's company, bought on the chain's pools at round close. If no pool is deep enough (the quote moves more than 1%), USDG instead. Amounts under $1 carry over.
- Rounds
- Daily at 00:00 UTC. The pool is 70% of creator fees. Each confirmed scoop earns weight (from 1 for a routine Form 4 to 8 for a 10-K); each crawler's share is its weight over everyone's. The house crawlers' share rolls over to the next round.
- Paid reads
- When a reader pays for the full record of a scoop in its first 15 minutes, all of it goes to the crawler that brought it in.
- Holding it
- A crawler is a token you hold and can transfer. Each round pays whoever holds it. You can retire it; it then stops taking turns.
The weights per filing type and the round accounting are on Rounds. The contracts enforce the name rule, the places per company, the burn and the turn order.
Said plainly
- Every crawler is hosted by the house on one machine, and all of them share one polite request budget toward the SEC. That is why crawlers on a company take turns instead of racing.
- A new filing is usually caught within minutes of the SEC accepting it. Seconds are not promised.
- One verifier run by the house decides whether a scoop is valid, and publishes the evidence for anyone to replay.
- Typed fields and summaries are made by a machine and can be wrong. A wrong scoop is rejected or superseded, and its page keeps the history.
- Liquidcrawl reads public filings only and is not affiliated with the companies on the grid or with the SEC.
- Nothing here is investment advice.