4,444 brokers. Every trade routed through the protocol pays a 1% desk fee in $DESK, and 45% of that fee flows to broker holders, weighted by tier. Your broker is a trading seat that pays you for holding it — and pays more when you use it.
Every trade through the protocol pays a 1% desk fee in $DESK. 45% of that fee flows to broker holders, weighted by tier — a Partner earns 2.5× what an Intern earns from the same pool. Rewards follow the NFT: sell your broker and the buyer earns from that point on. No staking, no lock, nothing to opt into.
JOB 02
It holds a portfolio
Each broker owns an on-chain portfolio PDA that can trade through whitelisted routes. That's the desk part: the seat is a working account, not a picture of one.
JOB 03
It earns more when it works
A broker that traded in the last 7 days has its weight boosted, currently +20% and tunable by the program authority. Idle brokers keep earning their base weight. Active ones earn more, whatever their tier.
Rewards follow the NFT. Whoever holds a broker at claim time gets the payout, so unclaimed distributions carry to the buyer on a secondary sale. Check the accrued balance before you list, and before you bid.
What's left in the pot
Tier is drawn at reveal, not at mint
Minting records a commit slot. Revealing draws your tier from
whatever is still in the pot, using a later slot hash the program cannot predict. The last column is your odds
on the next draw — they move as tiers get taken.
If 1,000,000 $DESK were distributed with every broker revealed and idle, one broker of each tier would receive:
Weight is per broker, so a tier's total pull also depends on how many exist. The 2,000 Interns take the largest block of the pool between them; a single Partner takes the most on its own.
Splits and rates are program parameters. The authority can retune them within on-chain caps, and every change is visible on the vault page.
Questions
No. Distributions accrue to the NFT itself. Hold it in any wallet and the balance builds; press claim when you want it. How fast it builds depends on your tier weight and whether the broker has traded recently.
They stay with the broker and become claimable by the new holder. That is worth pricing into a listing — a seat with a large unclaimed balance is worth more than an empty one.
No. Distributions are weighted by tier: Intern 100, Analyst 115, VP 135, Managing Director 165, Partner 250. A Partner therefore earns 2.5× what an Intern earns from the same distribution. On top of that, a broker that has traded inside the activity window gets its weight boosted by a further 20%.
The first mints of each phase cost a multiple of that phase's base price. The multiplier and the count are set on-chain and shown live on the mint page before you sign, so nobody pays a surprise price. Most of that premium routes straight back to holder distributions.
Randomly, at reveal. Minting commits a slot; revealing draws from the tiers still left in the pot using a later slot hash. The mint page shows the live odds for each tier, and the pot shrinks as tiers get taken.
It sweeps collected fees into the distribution pool. It is permissionless — anyone can call it, including you, from the dashboard. It costs a normal transaction fee and benefits every holder.
4%, enforced by marketplaces that honour royalties. It splits 50 to the creator, 25 back into holder distributions, 25 to the protocol.