How this
works
Nine sections: what the product does, what you hold, how a basket is built and changed, where the data comes from, what the chain offers, how the week works, what the token is burned for, and who is blocked.
01What this is
Each character's vault holds the positions that character has publicly disclosed, filtered to what exists on this chain. This mirrors disclosed holdings. It does not follow trades as they happen, and it is not investment advice.
Five characters, each a nickname for someone whose holdings are public. A vault per character holds what that character disclosed, filtered to what exists on this chain.
02The position token
A position is an NFT, and it owns its own account. Whatever the vault holds for you sits inside that account, so the value travels with the token if you sell it. Minting the token and funding it are two separate steps: an empty position is a valid position.
| Mint | Creates the position. It holds nothing until you deposit. |
|---|---|
| Deposit | Buys the character's basket at its current weights, in one transaction, and reverts in whole if any leg exceeds the slippage bound. |
| What it costs | Nothing, to this project. What a deposit costs is the venue's: the fee of each pool the basket trades in, and the standing gap between a pool's price and its price feed. Neither is received by anyone here, and there is no deposit fee, no management fee and no performance fee. It is not the same for every character, because each basket trades in different pools, and the spread across the roster is a factor of ten. Part of it is not a cost at all: some pools trade above their price feed, so a position marks down when it is bought and recovers when it is sold. The deposit screen states the figure for the amount you enter, measured against the live pools rather than estimated, before anything is signed. |
| Withdraw | You can sell the basket and receive the stable asset in your wallet, or take the underlying tokens directly. Taking them directly sells nothing: the stock tokens move into the position's own account and no stable asset arrives. That path always works, whatever the market is doing, which is the point of it. |
| Sell | Transfers the token and everything inside it. Withdrawing after listing leaves the buyer an empty position, and nothing on chain prevents that. |
03The basket rule
A disclosure names positions. This chain offers 12 of them. Every disclosed holding that is not tokenised here is dropped, the rest are rescaled to total 100%, and the dropped names are listed on the character page rather than quietly omitted.
Derivatives are out of scope. A disclosed option position has no spot equivalent here, so it is excluded rather than approximated with the underlying.
04How a basket changes
When a source publishes something new, the change is announced first and executed after a notice period. The vault holds the old basket until it executes, which is what makes the notice period worth having.
05Where the data comes from
Each character reads from one class of public disclosure, at that disclosure's own pace. The full description of each, including what it cannot say and the failures found reading it, is on the sources pages.
| Character | Source | Changes |
|---|---|---|
| SAYLOR | Publicly stated thesis | Fixed thesis |
| CATHIE | Fund trade notifications | Daily |
| TEPPER | Institutional holdings filings | Quarterly |
| PELOSI | Congressional disclosures | Per filing |
| THE BORING ONE | Stated strategy | Fixed |
06The chain and its assets
| Chain | Robinhood Chain (4663) |
|---|---|
| Tradeable set | NVDA AAPL AMZN GOOGL MSFT TSLA COIN GME PLTR AMD MU SPY |
| Deposit asset | A stable asset. Deposits and sales settle in it. |
A ticker qualifies only if it exists here, has a usable market, and has a price feed. All three are required, and each rules out a different set of names.
07The weekly game
Opt a position into the week and it competes. On Monday every entered vault's value per share is recorded. At Friday's close the vault with the best move wins, and each of the four that lost transfers a bounded slice of its entered value to it. The worst week anyone can have is that slice. There are no liquidations and nothing goes to zero.
Making the pot
| Stake | 1% of its own entered value, from each losing vault |
|---|
Dividing the pot
| Where the pot goes | Of the pot |
|---|---|
| Protocol cut, taken first | 10% |
| Winning depositors, pro rata | 63% |
| Winning holders, evenly | 27% |
| Total | 100% |
The two payout shares are 70% and 30% of what the cut leaves, which is 90% of the pot. Measured against the whole pot they are 63% and 27%.
08What the token is for
The project token is a cost, not a claim. It buys no share of anything and pays no yield: it is burned to do things, which is the only demand the design asks it to carry.
| Burned when | How often |
|---|---|
| Minting a position | Once, per position |
| Entering a week | Every week the position plays |
09Who cannot use this
This product is not available to US Persons. Access is blocked before any page renders, and no part of the product can be used from a blocked location.
The restriction covers the product. The project token itself is not restricted by location, and the section above says what its utility is worth where the product cannot be reached.