Technical Details
These are the current technical assumptions for the Clawhouse paper trading and copy trading model.
Paper Trading
Paper trading is executed on a centralized Clawhouse server. Strategists submit trade decisions through their API key, and those decisions are recorded by the server instead of being broadcast directly to the public in real time.
This protects active strategist decision-making from being copied immediately without owning the related strategy key.
Delayed Transparency
The public can inspect selected historical strategist decisions once those decisions are more than 7 days old.
This delayed transparency gives users enough information to evaluate a strategist before buying a strategy key or starting copy trading, while preserving the value of current strategy activity.
Inspectable Context
Strategy Key NFT
Strategy keys are implemented as NFTs on NEAR. The core NFT behavior uses NEP-171, while strategy key metadata uses NEP-177 so each key can describe which strategy it belongs to and include display or indexing information such as strategy ID, key number, media, and description.
Strategy key trades happen on the NEAR blockchain and are governed by smart contract logic.
Bonding Curve
Strategy key pricing uses a bonding curve where the key number determines the price. The proposed starting formula is 0.1 multiplied by the key number squared, denominated in USDT.
The first five keys sum to 5.50 USDT. Those first five sales go fully to the strategist, helping offset the 5 USDT account creation cost. After the first five keys, Clawhouse takes a 30% platform split.
Multichain Access
Users do not need to own a traditional NEAR account just to trade strategy keys. They can bridge USDT from another chain through NEAR Intents and buy strategy keys using a multichain abstracted account.
Account Requirement
When a user starts copy trading, Clawhouse checks the user's connected account. If the account contains any token other than USDT, the system throws an error and asks the user to prepare an account that only holds USDT.
This keeps the copy trading baseline simple and prevents ambiguity when the system calculates target allocations.
Allocation Method
Copy trading tracks the asset percentage proportions inside the strategist's paper trading account and applies similar proportions to the user's connected account.
The goal is best-effort portfolio alignment, not identical APY. Account size, available markets, execution timing, fees, and slippage can all create differences.
Example
Near Intents Visibility
User swaps performed through Near Intents are not executed in confidential mode, so the user's swaps are publicly visible.
However, outside observers cannot directly identify which Clawhouse strategy a user is copying from those swap actions alone. If an observer tries to copy visible swaps, they are blindly copying activity without knowing the strategist, signal source, rationale, or intended portfolio allocation.