Torch Market

- Updated SDK to torchsdk@^11.1.0 and all installation instructions. - Added new files: lib/torchsdk/events.d.ts, lib/torchsdk/events.js, and verification.md. - Removed VERIFICATION.md. - No user-facing functionality changes documented.

- Updated to version 10.7.1 with torchsdk@^10.7.1 as the recommended SDK. - Expanded SDK query functions to include `getUserStats`, `getProtocolTreasuryState`, and `getTreasuryState`. - No code or implementation changes detected; SKILL.md documentation improvements and SDK version update only.

- Updated SDK dependency to torchsdk@^10.5.0 for improved compatibility. - Version bump to 10.5.0 with matching metadata updates. - No functional or code changes detected.

- Updated SDK dependency to torchsdk@^10.4.0 in metadata for npm installation. - Version bump from 10.3.0 to 10.4.0 in all relevant metadata fields. No functional or behavior changes are documented for this version.

- Upgraded torchsdk dependency to version 10.3.0. - Updated SDK install instructions to use torchsdk@^10.3.0. - Added VERIFICATION.md file for enhanced verification/documentation. - Removed old SDK files and replaced/updated verification docs.

- Increased the immutable post-migration transfer fee from 0.04% to 0.07%. - Updated SDK dependency to torchsdk@^10.2.6.

- Version bump to 10.2.5. - Updated SDK dependency in metadata to torchsdk@^10.2.5. - Updated internal version references in metadata to 10.2.5.

Version 10.2.4 - Introduced a depth-adaptive risk engine: margin parameters now scale with liquidity depth, replacing fixed LTVs. - Updated protocol to operate with no oracles, no stored baselines, and no keepers—liquidity pool state is the only source of truth. - Increased maximum borrow cap to 23x collateral share of supply. - Updated documentation to clarify the new risk model, margin details, and protocol parameters. - Added a new risk.md file describing the risk engine.

- Updated Torch SDK dependency to version 10.2.2 in the installation instructions. - Bumped skill version to 10.2.2 for consistency with the SDK. - No other user-facing changes or modifications to functionality.

- Added circuit breakers: margin operations now block when pool liquidity drops below 5 SOL or price deviates more than 50% from baseline. - Updated constants and documentation to reflect the new circuit breaker and deviation limits. - Bumped SDK dependency to torchsdk@^10.2.1.

- Treasury rate during bonding increased from 15%→2.5% to 17.5%→2.5% (dynamic decay). - 100% of tokens now go to the buyer during bonding; protocol token allocation removed. - SDK install updated to torchsdk@^10.2.0. - Added new SDK functions: sendBuy, sendDirectBuy, and sendCreateToken for one-step build + simulate + send flows. - Removed "votes" from the token query table for clarity.

- Updated SDK dependency to torchsdk@^10.1.1 in the install instructions. - Bumped skill version to 10.1.1 for compatibility. - No other user-facing or functional changes.

- Updated torchsdk dependency to version 10.1.0. - Adjusted treasury rate constant: now 15% → 2.5% (dynamic decay). - Incremented version to 10.1.0 throughout documentation and metadata.

- Refactored environment variable requirements and metadata fields for improved clarity and integration. - Added explicit "requires" and "metadata" sections for both clawdbot and openclaw platforms. - No functional changes to the core logic or SDK usage. - Updated version to 10.0.2.

- Updated to version 10.0.1 with no file changes detected. - SKILL metadata reorganized for clarity; env requirements are now listed under metadata and formatted for easier reading. - Previous "requires.env" section was removed for a simplified manifest. - Added "integrity" info and clarified SDK bundling and installation options in the metadata. - Other descriptive and formatting adjustments; no functional or code changes.

Version 10.0.0 is a major protocol and SDK upgrade: - Overhauled protocol: every token is now a fully-independent margin market with its own lending and short-selling pools, eliminating oracles, LPs, and protocol tokens. - New short selling: native, treasury-backed real-token shorts (not synthetic); borrowed tokens affect real prices. - Instantly on-chain lending: borrow SOL against token collateral, or borrow tokens against SOL collateral (for shorts). - All market parameters and constants are now immutable and enforced on-chain; no admin upgradability. - Major changes and additions to the SDK, with new methods and expanded transaction flows for margin, short selling, and treasury operations. - Removed the deprecated `design.md` file.

- Updated bundled Torch SDK to version ^4.1.2 for improved compatibility and latest protocol support. - No functional or behavioral changes made to the skill itself. - Maintained all safety, custody, and compatibility guarantees.

Version 5.1.2 is a minor update. - Bumped skill version number to 5.1.2. - No code or documentation changes other than updating the metadata version field.

torch-market v5.1.1 - Expanded and clarified SKILL.md with a detailed protocol and token lifecycle overview. - Added tables of protocol constants for easier reference. - Improved documentation on bonding phase, migration, post-migration mechanics, and protocol rewards. - No changes to code or functionality; this is a documentation-focused update.

**Torch Market 5.1.0 — Unified quotes, vault safety, and DEX/Bonding routing** - Unified trading flow: `getBuyQuote` + `buildBuyTransaction` now auto-routes between bonding curves and Raydium DEX, based on token state. - All transactions are now VersionedTransaction-native, using Address Lookup Tables for efficient, smaller transactions. - Expanded and improved vault documentation, emphasizing full-custody security and closed economic loops. - SDK dependency updated to torchsdk@^4.1.0. - Streamlined skill introduction and documentation for clarity and easier onboarding.