A hedge, not a second wrapper

A meme you can hold against something that isn't a meme.

On Four, the balance-sheet objects already exist: 4Stock wrappers, BNC4, the convert-to-bStock path, the daily buyback that burns the #1 BNC4 pool. FourHedge is the token that holds the meme book and the wrapper book in one NAV, with a published ratio.

PnL is the spread between attention and the wrapper — not a slogan about community.

LONGMEME
SHORTWRAPPER
rebalances toward target weight when either side drifts
already on Four, as balance-sheet objects —
4Stock wrappers BNC4 convert-to-bStock path daily buyback → burns #1 BNC4 pool
Why this is MemeFi, not a second 4Stock

Two things that already exist, one structure that sits on both.

the equity wrapper

4Stock

The published, on-chain wrapper — 4Stock(TTT), BNC4, and the convert-to-bStock path. Mean-reverting, mechanical, already live.

the distribution

The meme

Attention, reflexivity, a chart that can run far ahead of anything it's supposed to track. Fast, one-sided, no offset on its own.

the structure

FourHedge

Holds both books in one NAV, at a published ratio, and rebalances when the meme runs and when the wrapper mean-reverts.

Holders of $FOURHEDGE are not picking "frog vs a wrapper." They're in a contract that rebalances on-chain between attention and the thing attention is quoted against.

The hard requirement: if you cannot short or offset the wrapper on-chain, it is not a hedge — and it is not this product.
The structure

Long the meme. Short or offset the wrapper.

One NAV, two legs, a published weight between them.

Long
  • The memeOr a basket of Four memes that quote a wrapper
  • Attention legThe side that can run far ahead of fundamentals
Short / Offset
  • 4Stock(TTT)The published equity wrapper on Four
  • BNC4The pool the daily buyback burns into
  • Matching bStockRolls in once Four opens 1:1 4Stock → bStock
PnL is the spread between attention and the wrapper — not a slogan about community.
Minimum viable loop

Four steps, all on-chain.

01

Quote the meme against a wrapper

Every $FOURHEDGE position is priced against a named leg — BNC4 or 4Stock(TTT) — not against a vibe.

02

Tax buys both sides toward a target weight

Buy and sell tax routes into the meme leg and the wrapper leg until the book sits at its published split.

MEME 50%
WRAPPER 50%
target weight, published on-chainillustrative
03

Rebalance bands, on-chain

Drift outside the band and the contract trades back toward target. No EOA holds the inventory in between.

upper band lower band
drift → touch the band → rebalance back to target. no manual inventory step.
04

The offset leg rolls forward

If Four opens the 1:1 4Stock → bStock path, the offset leg rolls from 4Stock into the matching bStock.

basis crush on that roll is a feature, not a bug
What it replaces

Two one-sided ideas, and the structure that isn't.

×

"Fee to holders in the same meme"

Reflexive. The fee and the thing paying it move together — there's no second leg to offset the first.

×

"Fee to a stock drip"

One-sided MemeFi. You get paid in the wrapper, but you're never short or offset against it — only long twice.

✓

FourHedge

Long the meme, short or offset the wrapper, one NAV, published ratio, rebalanced on-chain.

FAQ

Read before you size a position.

Is FourHedge a second 4Stock?

No. 4Stock is the equity wrapper. FourHedge is a structure that holds a meme leg and a wrapper leg together in one NAV — it doesn't create a new wrapper, it hedges against ones that already exist.

What is BNC4?

BNC4 is the pool Four's published daily buyback burns into — one of the existing balance-sheet objects FourHedge can offset against.

What happens if I can't short or offset the wrapper on-chain?

Then it isn't a hedge in the sense this page describes, and it isn't this product. The offset leg being real and on-chain is the whole point.

What happens when bStock lists?

The plan is for the offset leg to roll from 4Stock into the matching bStock via Four's 1:1 convert path, if and when that path opens. That's a described mechanic, not a guarantee.

Can the rebalance be paused or skipped?

The intent is bands that trigger on-chain without manual inventory handling. Whether any given deployment achieves that depends entirely on its actual contract — read it before you trust it.

Is this financial advice?

No. This page describes a mechanic and a piece of illustrative math. It is not financial advice — do your own research.