A CD is an NFT that owns a vault. The vault fills with tokenised stock over time, and whoever holds the NFT owns whatever is in it.
Minting burns 100,000 $CD and issues an ERC-721 with a vault keyed to it. That is the whole price — there is no ETH surcharge and no mint fee. The burn happens inside the mint call, before the NFT exists — the transaction is all-or-nothing, so there is no version of this where somebody gets a CD without the supply going down.
The vault is what makes it a CD rather than a picture. It holds real tokenised stock, it is keyed to the NFT rather than to you, and it travels with the NFT when you sell.
| YOU PAY | AMOUNT | WHERE IT GOES |
|---|---|---|
| Deposit | 100,000 $CD | Burned (0xdead) |
The moment the pot clears 0.005 ETH, anyone can crank a round: the pot is spent (capped per round) on whichever stock is next in the rotation, swapped on Uniswap V3 against real on-chain liquidity. What it bought is split equally across every CD. Not proportionally, not weighted by how long you have held: one CD, one share.
A round writes a single per-CD counter rather than paying five thousand accounts. Your share is the difference between that counter and where your CD last stood. The cranker is paid 1% of the round for pressing the button.
Everything the protocol spends passes through one balance — the pot. Two things fill it.
| SOURCE | AMOUNT | TO THE POT |
|---|---|---|
| $CD traded on pons v2 | Creator fees | Full · claimed every hour |
| Sale royalty | 5% (ERC-2981) | Full |
Every hour, the creator fees $CD earns on pons v2 are claimed and forwarded into the pot, and rounds fire until the pot is drained: buy the next stock, split it across every minted CD.
The 100,000 $CD deposit funds none of this. It is destroyed, it goes nowhere, and nobody receives it. Total supply is permanently smaller every time a CD is issued.
Both sources keep working after the last CD is minted, which is what stops a sold-out supply ending the rounds.
Nothing. There is no mint fee, no protocol wallet, and no payment to the team anywhere in the contract. Every wei the pot receives is spent on stock for CD holders.
Selling a CD is selling the NFT. The vault is keyed to the tokenId and every withdrawal checks ownership against it, so transferring the token transfers everything the CD owns — its stock and anything a round has credited. There is nothing to withdraw first and nothing left behind.
Which also means it never stops working. A listed CD is still live, still counted, and still paid by every round while it sits on the market.
You can also pull the stock out yourself at any time — pull(tokenId, stock) sends it to your wallet. Nothing you already hold depends on anyone else.
| SETTING | VALUE |
|---|---|
| Deposit | 100,000 $CD · burned |
| Mint fee | none |
| Royalty | 5% · to the pot |
| Fee claim cadence | hourly |
| Round threshold | 0.005 ETH |
| Crank tip | 1% of the round |
| Supply | 5,000 CDs |
| Stocks in rotation | 9 |
All official Robinhood stock tokens with live Uniswap V3 liquidity on Robinhood Chain.
| # | STOCK | ADDRESS |
|---|
| Contract / pot | not deployed yet |
| $CD token | launching on pons v2 |
| Router (Uniswap V3) | 0xcaf681a66d020601342297493863e78c959e5cb2 |
| Chain | Robinhood Chain · 4663 |