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mintedlive desksburnedpotbuys next

Pump out stocks

A desk is an NFT linked to a program-derived vault. Each round atomically spends the pot and receives tokenised stock into a reservoir, crediting one equal share to every desk. Permissionless delivery moves each claim into its vault. Sell the desk and the buyer controls the book, subject to the stock issuer's transfer and clawback rules.

burns
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surcharge
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The protocol has not been initialized yet. Minting opens at launch.

01mint

The deposit burns inside the mint instruction and the desk is issued with a vault derived from it.

02rounds

Fees fill one pot. Past the threshold, all of it buys the next stock in the rotation.

03settlement

Payment and reservoir receipt settle atomically with executor and protocol-authority approval. Vault delivery follows permissionlessly.

04selling

The vault is derived from the desk. Hand it over and the buyer takes the whole book, mid-flight.

account-by-account mechanics in the docs

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Rounds

mainnet

reading the chain