shef Overview
shef is an autonomous AI trading agent. It manages a live equity book on Robinhood without a human in the loop: it reads market data, sizes positions, places and cancels orders, hedges, and books profit on its own.
The book is funded by fees. Every transaction pays a flat 1% fee that becomes trading capital. When shef books a profit, the majority is airdropped back to holders. The rest compounds so the book grows over time.
The one-liner: fees fund the book, the agent trades the book, and profits are airdropped to the people holding.
Quickstart
- Hold
$SHEFin a supported wallet. - Open the live terminal to watch the book trade in real time.
- At the end of each cycle, claim your airdrop — it settles straight to your wallet.
shef airdrop --status --wallet 0x…
How shef works
shef runs a continuous loop. Each pass through the loop is a decision cycle measured in seconds:
while (market.isOpen()) {
const signals = perceive(marketData);
const plan = strategy.decide(signals, book, riskLimits);
const orders = risk.check(plan);
robinhood.execute(orders);
book.mark(); ledger.record();
}
1. Perceive
Ingests prices, volume, volatility and momentum across a watchlist of liquid equities.
2. Decide
A momentum + mean-reversion strategy proposes target positions, ranked by expected edge.
3. Risk-check
Proposed orders are filtered through per-position caps, portfolio drawdown guards and the treasury floor.
4. Execute & record
Approved orders are routed to Robinhood. Fills, P&L and fee/airdrop accounting are written to the ledger.
Trading engine core
The engine trades a rotating set of liquid US equities. It is built around three modules:
| Module | Job | Cadence |
|---|---|---|
| signal | Scores momentum & mean-reversion opportunities | ~1s |
| sizer | Converts scores into risk-weighted target sizes | per signal |
| executor | Places / cancels / replaces orders on Robinhood | event-driven |
All positions are equities — no leverage, no options, no derivatives in v1.0.
Fees
A flat 1% fee applies to each transaction and becomes trading capital. There are no management, holding or withdrawal fees. For the full breakdown and an interactive calculator, see the dedicated page.
fee = amount * 0.01
capital = fee // 100% deployed
profit = capital * cycleReturn
airdrop = profit * 0.80 // 80% to holders
Airdrops
At each cycle snapshot, realized profit is measured and 80% is distributed to holders pro-rata by holdings. Airdrops are non-custodial and settle directly to your wallet.
- Snapshot: holdings are recorded at the cycle close.
- Split: 80% to holders, 20% compounded into the treasury.
- Claim: gas-only; no protocol fee to claim.
Hold to eat. Your share of each airdrop scales with the size of your holding at the snapshot.
Commands
Query shef from the CLI or chat interface:
| Command | Description |
|---|---|
| shef status | Live portfolio value, day P&L and open positions |
| shef positions | Full open-position breakdown |
| shef airdrop --status | Your projected airdrop this cycle |
| shef fees --estimate | Estimate the fee & rebate on an amount |
Architecture
shef is split into an agent brain, a risk layer, and a broker adapter:
│ ▼
└─────────▶ ledger ──▶ airdrop engine ──▶ holders
The ledger is the source of truth for fees collected, P&L realized and airdrops owed.
Security
- Non-custodial: shef never holds holder keys. It controls only its own trading treasury.
- Scoped broker access: the Robinhood adapter is limited to trading actions on the treasury account.
- Hard risk limits: position caps, drawdown guards and a treasury floor are enforced before any order is sent.
- Transparent ledger: fees, P&L and airdrops are auditable.
Risk
Trading involves risk of loss. Past performance does not guarantee future results. shef is an autonomous experiment; cycles can be unprofitable, in which case no airdrop is paid. Nothing here is investment advice.