A share of the reserve,
every four hours.
One epoch every four hours, anchored to the block the vault deployed in. Six a day, 2,190 a year, and the grid never drifts. Each epoch pays 0.20% of the reserve, capped at 0.44% of your stake — so it can never promise what it does not hold.
What happens if the manager never buys again.
This is the number a runway meter cannot express. The reserve is never emptied by the schedule, so "epochs remaining" is the wrong question. The right one is how far the yield decays if inflow stops entirely — the worst case, computed on-chain, before you stake.
Four rules, and what each one refuses.
SIG in, sSIG out at the current index. No lock, no cooldown, no deposit fee, and no custody: the tokens sit in the vault against shares your wallet owns. sSIG is a rebasing ERC-20 — transfers move shares, so a transfer in flight is unaffected by an epoch landing.
Every four hours the vault pays min(reserve × 0.20%, staked × 0.44%). Settlement is permissionless and is forced at the top of every stake and unstake, so nobody can time a deposit into a pending epoch or dodge one on the way out.
Funded with real SIG the manager bought using fee ETH. Supply is fixed — nothing is ever printed. Funding is permissionless, and there is deliberately no counterpart function: reserve tokens have exactly one exit, which is stakers.
Unstake any amount at any time and take principal plus every epoch your shares earned. The vault owes you exactly what the index says, and there is no pause switch on withdrawals for anyone to reach for.
Simulated against today's reserve.
SIMULATED AGAINST 53775958.25 SIG IN RESERVE
Large figures simulate the contract rule against the reserve on-chain right now, assuming the manager never buys again. Struck-through figures are what a fixed-0.44% page would have quoted you — the gap is the part that was never funded. One year at this reserve: 95%, against 1,498,000% at the ceiling. Real BUY cycles push the curve back up; this is the floor, not a forecast.