Ballast
Memes sink. The hold remains.
Trading fees from ballasted tokens buy tokenized stocks. Burn BLST to take your share.
you geti = Bi × (x / S) × 0.98
40 HOODX · 25 NVDAX · 20 SPYX · 15 GLDX
The cycle, run on your number
A ballasted meme trades. Its splitter routes 40 bps to Intake.
Carved out of the pool fee that already exists. The trader pays nothing extra and the creator never gets a kickback.
F = 0.0040 × volume
- in
- 250,000 ETH
- this stage
- 250,000 ETH
- kept of volume
- 100.000%
- HOODX398 ETH
- NVDAX248.75 ETH
- SPYX199 ETH
- GLDX149.25 ETH
Arithmetic on the volume you picked, not a measurement. Real leg balances are read from the chain and are currently zero.
The hold
- HOODXRobinhood0.2666weight 40%address pending
- NVDAXNvidia0.1666weight 25%address pending
- SPYXS&P 5000.1333weight 20%address pending
- GLDXGold0.0999weight 15%address pending
The tank is empty.
Weights are welded in from day zero, but nothing has been bought yet. Balances are read straight from the chain, so they stay at zero until Intake sweeps for the first time.
Three ways money arrives
- 01
Ballast route
40 bps of volume, taken from the existing ~1% pool fee. Not stacked on top.
- 02
Ballast bond
One-time ETH paid at listing. Non-refundable. Buys the badge, not a deposit.
- 03
Direct donation
Anyone can send ETH or WETH into Intake. Permissionless.
Fixed parameters
Redeem
Why 2% stays
arithmetic, not a quotebacking′ / backing = (1 − 0.98r) / (1 − r)
Exits never dilute the people who stay. The larger the exit, the more the remaining claim thickens. That is the whole reason for the leftover.
What this is not
- UFG
Pays holders ETH.
Pays tokenized stocks.
- Floored
Stocks through a wager.
Stocks through other people's fees.
- Orbio
Redeems inference credits.
Redeems a basket you can hold.
- PonsIndex
Holds ecosystem tokens.
Holds none of the memes it taxes.
- Mandate
An agent inside rules.
No agent. Weights are welded shut.
Risks
- 01
Stock Tokens are exposure, not broker shares. No dividends, no voting, no custody claim.
- 02
If meme volume on the chain dies, the hold stops growing. Stocks already bought stay bought.
- 03
Every redeem leaves 2% behind. Exiting is never free.
- 04
Weights cannot be changed. If the basket ages badly, that is the deal you accepted.
- 05
Thin liquidity on a leg defers that slice into WETH. The hold can temporarily be part cash.
Network, live
- Network
- Robinhood Chain
- Chain id
- 4663
- Head block
- 51,938,176
- Gas
- 0.3163 gwei