When holders sell, the Cushion buys their tokens and keeps each one at the price it paid. The next buyers take those tokens back first, cheapest first, at those same prices. New supply from the Stack only sells once the old high is cleared.
Three sells worth $31.1K (1.6 % of the supply) were bought entirely by the Cushion. F stayed at $68K and the floor price didn't move.
The first $20K buy took only queued tokens and put $17.7K back into the Cushion. After the second, it held more than before the dip: $54.0K vs $52.1K.
Resale books no Marketcap Milestones and lifts no floor. The Stack's next tokens, and the Milestones on them, start only above the old high of $2.04M.
One Moonshot launch in USDC, driven through FLOOR's own trade engine: a seeded climb to $2.04M, then sells of 1 %, 1.5 % and 2 % of circulating, then three $20K buys (fees included). Every number on this page is the book's own.
A sell meets the Cushion's segments top-down, then K, then F at f. A buy walks up: F's tokens at f first, then each segment's tokens at its own prices, then the Stack's unsold supply above the highest price it reached.
A constant-product pool holding the same money as FLOOR's bid at the start ($126.6K), the same three sells, then the same $20K buys with no fees. Its money is spread down the curve to zero, so it moves further both ways: down to $1.28M on the sells, up past the chart on the buys. Nothing sits under it.