The pot fills. Anyone pulls it.
70/30 of every fee lands here. When the pot passes its threshold, any wallet can open a round and keeps 0.5% of it for the gas. Liveness never depends on us — which is the point, because we might not be here.
70/30 of every ETH fee the protocol charges is credited here; the rest goes to the book account.
How close the pot is to the threshold that opens the next round. At 100% any wallet can open it.
Paid to whoever spends the gas to open a round. It is a tip for the work, not a fee to us.
Tokenised stock actually delivered into desk wallets, valued at the oracle price at the moment of each payment.
Dashes because nothing is deployed. They fill from the chain, not from us.
How a round settles
- 01 The pot is split across the six desks by their share of this epoch’s covers.
- 02 Each slice is converted into that book’s own ticker.
- 03 It is paid straight into desk wallets, pro rata by desk weight.
Nothing here creates yield. Zero covers pays zero at every desk — the draw redistributes fees that were charged, and if none were charged there is nothing to redistribute.
The pot fills, the round opens, and the split lands by weight. Every bar moves — that is the part worth watching.
Who gets what
Share of any given round, if every desk were equally staffed. Real shares move with how many desks sit on each desk — this is the weight, not a promise.
| Desk | Weight | Share | |
|---|---|---|---|
| Runner | 1.0× | 3.7% | |
| Cold Caller | 1.4× | 5.2% | |
| Junior Broker | 1.9× | 7.1% | |
| Broker | 2.5× | 9.3% | |
| Senior Broker | 3.3× | 12.3% | |
| Desk Head | 4.3× | 16.0% | |
| Partner | 5.5× | 20.4% | |
| Managing Partner | 7.0× | 26.0% |
Paid in six tickers
A desk is paid in the ticker of its own book. Covers decide how much of the pot each book gets before any of it is converted.
Before you count on it
A quiet week is a small pot
Weight sets the size of your slice. It does not set the size of the cake. A Managing Partner on a dead week takes seven times a Runner’s share of almost nothing.
Settlement is from inventory
On-chain stock pools here are shallow and one of the six tickers has no pool at all, so a round pays from pre-funded inventory at the oracle price rather than swapping into a thin book and moving it against everybody.