Demand, stripped down, is someone willing to buy when you sell. Every other asset asks you to trust that this someone appears. ODIN's pools are that someone: a standing bid that always exists, quotes at every size, deepens with every trade, and can never be withdrawn. The rule underneath: k can only go up — every trade permanently increases it, and no one can ever take it out.

Three properties make the rule hard to game. No exit path — the LP tokens are permanently burned. No discretion — no admin, no governance, no ODIN fee switch, no human to socially engineer. And adversaries pay in: any attack has to route through swaps, and every swap pays fees into reserves no one can drain. The only way to attack ODIN is to pay it.

The bid also survives the climb: fixed-supply pairs force the pools to retain ODIN no matter how high it goes, and growth-token pairings mean the book deepens rather than thins as price rises.

The honesty boundary, kept in every use: the rule guarantees depth, not price. Prices can fall. What cannot happen is the bid vanishing or the liquidity being withdrawn. And the ratchet needs volume as fuel — it is a ratchet, not perpetual motion.