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.
The published, on-chain wrapper — 4Stock(TTT), BNC4, and the convert-to-bStock path. Mean-reverting, mechanical, already live.
Attention, reflexivity, a chart that can run far ahead of anything it's supposed to track. Fast, one-sided, no offset on its own.
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.
One NAV, two legs, a published weight between them.
Every $FOURHEDGE position is priced against a named leg — BNC4 or 4Stock(TTT) — not against a vibe.
Buy and sell tax routes into the meme leg and the wrapper leg until the book sits at its published split.
Drift outside the band and the contract trades back toward target. No EOA holds the inventory in between.
If Four opens the 1:1 4Stock → bStock path, the offset leg rolls from 4Stock into the matching bStock.
Reflexive. The fee and the thing paying it move together — there's no second leg to offset the first.
One-sided MemeFi. You get paid in the wrapper, but you're never short or offset against it — only long twice.
Long the meme, short or offset the wrapper, one NAV, published ratio, rebalanced on-chain.
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.
BNC4 is the pool Four's published daily buyback burns into — one of the existing balance-sheet objects FourHedge can offset against.
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.
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.
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.
No. This page describes a mechanic and a piece of illustrative math. It is not financial advice — do your own research.