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Shutterline

Sill Papers

Sill Papers

Shutterline is a committed-split market. Each Slat Cut is bound as a split before anyone can read it. The Slat Cut, Blind Timing, and the issue cannot be changed.

These pages are one idea each, in the order a Slat Owner meets them.

  1. Overview — the promise in three sentences.
  2. The parts — four things to understand.
  3. Holding and trading — how a fill meets the Slat Cut.
  4. What it can and cannot do — authority, listed plainly.
  5. The Blind in practice — two worked windows.
  6. Under the hood — why the rules hold.
  7. Watching it work — how to verify on the explorer.
  8. What cannot change — from softest to hardest.
  9. Fees — one Slat Cut, a worked example.
  10. Sill Note — the construction in prose.