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Rename The Vault Strategy to The Managed Fund, and Token Fundraiser to The Fundraiser - #184
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September 28, 2026 15:13
The product the chapter builds is a manager-run fund with shares priced at NAV: in finance terms a managed fund, the onchain equivalent of a mutual fund. It is not an index fund, which the chapter and the table of contents called it, because its manager chooses the weights. "Vault" already means a program-owned token account everywhere else in the book. - The chapter becomes managed-fund.md, titled The Managed Fund, and its figures become fund-*.svg with their labels renamed. - Identifiers follow the companion repository's rename: finance/managed-fund, initialize_fund(), FundNotFullyAllocated, the "fund" seed. - A boxout at the top of the chapter says the product is also called a vault strategy, why the book does not use that name, and how it differs from an index fund. The glossary's strategy entry becomes managed fund, and a new vault strategy entry points to it. - Cross-references, the table of contents, the Amazon description, the writing plan and the linter's chapter-title list follow. Claude-Session: https://claude.ai/code/session_01JTaqedahgCHQbzXPcHDPok
Contributors receive no token, only a refund if the target is missed, so "Token" described something the program does not do. The companion repository renames finance/token-fundraiser to finance/fundraiser to match. - The chapter becomes fundraiser.md, titled The Fundraiser, and names finance/fundraiser. - Cross-references, the table of contents, the Amazon description, the glossary, the writing plan and the Time chapter's table follow. - The linter's chapter-title list drops the title: "Fundraiser" alone is an ordinary word, like Escrow, so the convention covers it instead. Claude-Session: https://claude.ai/code/session_01JTaqedahgCHQbzXPcHDPok
mikemaccana
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Merge after quicknode/solana-program-examples#167, which renames both companion programs. The book follows the companion repository, per
CLAUDE.md.The Vault Strategy → The Managed Fund
The product the chapter builds is a manager-run fund with shares priced at NAV. In finance terms that's a managed fund, the onchain equivalent of a mutual fund. The chapter and the table of contents called it an index fund, which it isn't: its manager chooses the weights. "Vault" already means a program-owned token account everywhere else in the book.
managed-fund.md. Its figures becomefund-*.svg, with labels renamed to match the program.strategybecomesmanaged fund, and a newvault strategyentry points to it.finance/managed-fund,initialize_fund(),FundNotFullyAllocated, the"fund"seed.Token Fundraiser → The Fundraiser
Contributors receive no token, only a refund if the target is missed. The chapter becomes
fundraiser.mdand namesfinance/fundraiser. "The Fundraiser" matches "The Betting Market".Both
WRITING-PLAN.mdand the linter's list of chapter titles follow the new names.Checks
npm run lint: cleannode scripts/check-figure-geometry.mjs: clean across 99 figuresnpm run build-pdf: builds. I also rendered the managed fund's opening page withnpm run previewto check the boxout.🤖 Generated with Claude Code
https://claude.ai/code/session_01JTaqedahgCHQbzXPcHDPok