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The Pipeline

Lapis processes startups in three stages: analyze, market, and settle. Each stage builds on the previous one.

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Stage 1: Analysis

When you POST /analyze, the agent kicks off a background pipeline:
  1. GitHub scraping — Stars, forks, commits, contributors, languages, CI presence (via Octokit)
  2. Social scraping — Twitter followers, engagement (currently mocked)
  3. Polymarket sentiment — Real API call to fetch market sentiment (non-critical, pipeline continues if it fails)
  4. Claude scoring — Evaluates code quality, team strength, traction, and social presence on a 0-100 scale
  5. Adversarial audit — Second Claude call that challenges the initial scores, flags red flags, and produces a trust score
The report status progresses: pending → scraping → analyzing → complete (or error).
Steps 3-5 are non-critical. If Polymarket or the adversarial audit fails, the pipeline still completes with the primary scores.

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Stage 2: Prediction Market

Once analysis is complete, a prediction market can be opened:
  1. Agent seeds the market with an initial valuation estimate based on the overall score
  2. Participants place bets — each bet includes a valuation (in millions USD) and an amount (bet size)
  3. Consensus forms — The consensus valuation is the volume-weighted average of all bets

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Valuation Estimation

The agent’s seed valuation maps the overall score (0-100) to a 0.5M–0.5M–50M range using an exponential curve: 
valuation = $0.5M * 1.05^(overallScore)
A score of 50 maps to ~5.7M.Ascoreof90mapsto 5.7M. A score of 90 maps to ~44M.

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Stage 3: XRPL Settlement

Settlement converts the market consensus into real on-chain equity across two chains:
  1. Deploy SAFE (optional) — If BASE_PRIVATE_KEY is configured, deploys a MetaLex SAFE agreement on Base Sepolia with company metadata, valuation cap, and equity percentage
  2. Close market — Finalizes the consensus valuation
  3. Issue MPT — Creates an equity token (MPTokenIssuanceCreate) with company metadata, auth requirements, and transfer fees. Embeds the SAFE contract address and document hash in MPT metadata
  4. Cross-chain link — Links the XRPL MPT issuance ID back to the Base contract and marks the SAFE as settled on-chain
  5. Escrow shares — For each participant (max 5 for demo), creates a vesting escrow with a 90-day cliff and crypto-condition
  6. RLUSD fee — Sets up a trust line and sends a 2.5% platform fee in RLUSD
On testnet, RLUSD payments will fail with tecPATH_DRY because wallets don’t have RLUSD balance. This is expected. The settlement still completes — RLUSD is non-critical.

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Monitoring (Agentic Loop)

After settlement, the agent can continuously monitor the repo:
  • Checks for new commits, star changes, and contributor changes on a configurable interval
  • Re-analyzes the repo if changes are detected
  • Auto-adjusts market positions when scores shift significantly
  • Triggers XRPL hooks on score drops greater than 15 points