The Dividend Program $DIVIDEND
XII

Stake it.
Get paid in stock.

Creator fees are claimed, swapped into tokenized stock through Jupiter, and paid pro rata to wallets staked the whole epoch. Unstaked claims burn.

Anatomical plate of the dividend organ in cutaway, intake vessels at lower left, arterial fan at right 1 2 3 4 5 6
Plate XII. The vault organ in cutaway. Intake at lower left, chamber at centre, distribution right.
Total SPYx paid out 0.00 since launch
Wallets paid last epoch 0 first distribution when epoch 1 closes
  1. 1
    Fees claimed this epoch0.000 SOLcurve not opensource: creator fee account
  2. 2
    Swapped to SPYx0.00 SPYxpayout route deployingsource: Jupiter swap tx
  3. 3
    Wallets staked0signed intents in the registersource: public register below
  4. 4
    Snapshot locks in--d --:--:--weekly, Monday 00:00 UTCsource: epoch clock
  5. 5
    Paid last epoch0.00 SPYxno epoch closed yetsource: distribution tx
  6. 6
    Burned from unstaked0 DIVIDENDsince launchsource: burn tx

Part I. The curve

The token launches on its own bonding curve. Trade fees route to the vault, which is the only thing that funds a dividend. Volume is the yield, stated plainly.

Official contract TBA
Price
--
Market cap
--
Fees to vault
0.000 SOL
Status
launching soon
curve progress to graduation SOL -- live, Jupiter quote

opens at launch

Cutaway of the vault chamber, valve at the base, sealed collar at the top

Part II. Course of the money

  1. 1
    Intake. Every trade on the curve accrues creator fees to the vault address.
  2. 2
    Keeper. A cron claims the fees. A Helius webhook on the claim is what makes the trace spike.
  3. 3
    Chamber. Claimed SOL is swapped into tokenized stock through the public Jupiter route.
  4. 4
    Collar. At epoch close the staked set is snapshotted. The lock is what makes the snapshot honest.
  5. 5
    Arteries. Stock is distributed pro rata to the wallets locked for the whole epoch.
  6. 6
    Sinus. Claims from wallets that unstaked early are burned into the buyback.

Every trade pays the vault. The vault buys stock. The stock pays the stakers. The unstaked burn.

Closed circulation loop, crimson trunk splitting into an arterial tree with a return vein
Share class
One. The token. No stake, no dividend.
Epoch
7 days, closing Monday 00:00 UTC.
Fee route
Creator fees to vault, vault to SPYx, SPYx to locked stakers.

Part III. Register of intents

Public and shared. Every row is a wallet signature anyone can read. 0 signed so far.

reading register...

NAV per staked token pending first distribution
Observed fee events 0
Epoch 1 closes in --d --:--:--