Mechanism · five chapters
How Coattail works.
Chapter 01
Open a leg.
You take a side on a single political outcome. The position becomes a tail running into your account core.
Chapter 02
Add another.
A second outcome joins the same core. Coattail reads the pull between the two rather than treating them as strangers.
Chapter 03
They share collateral.
Separate collateral blocks merge into one requirement. Offsetting legs release capital instead of freezing it.
Chapter 04
Funding keeps them in line.
Rates settle continuously along every link, so the price of one outcome cannot drift away from the outcomes it moves with.
Chapter 05
Risk unwinds from the edge.
When the account runs short, the weakest link is cut first. The rest of the network stays connected and alive.