STAKE THE SEAL.
COLLECT THE SPY.
Creator fees and 1% of every pool trade fill one vault. Each epoch the keeper swaps the vault to tokenized SPY and airdrops it pro rata to wallets staked for the full epoch. Unstake before the snapshot and the share is forfeited, bought back and burned.
OFFICIAL CONTRACT
TBA
CURVE OPENS AT LAUNCH
IN SPY PAID TO 0 WALLETS ACROSS 0 EPOCHS
The epoch clock opens when the curve opens. Snapshot is taken at settlement, the keeper swaps the vault to SPY and distributes.
PROJECTED PRO RATA, CURRENT VAULT: $0.00 PER EPOCH / $0.00 TOTAL
Unstaking before the snapshot forfeits the whole epoch. Forfeited shares are burned, not refunded.
TREASURY DESK
BONDING CURVE. TRADE FEES ROUTE TO THE VAULT.quote appears as you type
quote appears as you type
HOLDER LEDGER
PUBLIC. SHARED BY EVERY VISITOR. HOVER A ROW.| # | WALLET | STAKED | SHARE | SPY RECEIVED |
|---|---|---|---|---|
| LOADING LEDGER | ||||
EPOCH HISTORY
WRITTEN BY THE KEEPER AT EACH SETTLEMENT| EPOCH | PAID, SPY | WALLETS | BURNED | STATUS |
|---|---|---|---|---|
| NO EPOCH HAS SETTLED YET | ||||
THE MACHINERY
FIVE STEPS, ONE LOOP, NO DISCRETION- 01FEES IN
Creator fees and 1% of every pool trade are claimed to the vault PDA. Every trade, buy or sell, feeds the next dividend.
- 02SNAPSHOT
At the end of the epoch the program records every wallet that stayed staked from open to close. Partial epochs count as zero.
- 03SWAP
The keeper routes the vault through Jupiter into xStocks SPY. The vault holds tokenized index, not a promise of one.
- 04AIRDROP
SPY is sent pro rata to the snapshot. The token is the only claim ticket on the vault, so holding and locking is the whole path.
- 05FORFEIT AND BURN
Shares of wallets that unstaked early are used to buy DIVID off the market and burn it. Supply down, next share up.
Stake once per epoch and stay. The keeper does the rest, every epoch, forever.