A token you can always hand back for its share of the vault.
$LOT is an ERC-20 that is also the Uniswap v4 hook of its own ETH pool. Every trade pays a 1% fee, and 80% of those fees are spent on real tokenized stocks (AAPL, AMD, the rest), held in a treasury nobody can withdraw from. Burn your LOT and the contract pays you your exact pro-rata slice of everything in it. Permissionless, always open, not pausable.
- 01
Someone trades.
The ETH/LOT pool charges a 1% fee on every swap. There is one pool, one LP position, and the hook owns it. No other source of income exists.
- 02
collect() sweeps the fees.
Anyone can call it. It takes no arguments and has no owner check. The swept ETH is split 20% to the dev and 80% to the treasury, and that split is fixed in the contract.
- 03
The treasury buys stocks.
The treasury's ETH is deployed into tokenized equities on Robinhood Chain, drawn from a fixed approved basket. Real RWA tokens, at real addresses, verifiable on Blockscout. No admin can withdraw them and no admin can touch the LP.
- 04
redeem() burns LOT for a slice of everything.
You hand back LOT; the contract sends you your exact pro-rata share of the ETH and of every stock it holds, and burns the LOT. It cannot be paused, rate-limited or turned off.
- 05
So the floor only ever ratchets up.
Redemption removes assets and supply in the same proportion, so it leaves the floor per LOT unchanged. Only a fee sweep moves it, and it moves it up.
The floor rises from trading fees. If nobody trades, it doesn't rise.
That is the whole engine. The stocks in the treasury are not what makes the floor go up; they are just where the fee money is parked. There is no yield here, no staking, no emissions, no APY, and nothing pays you for holding. A quiet pool is a flat floor.
- 01 LOT is a volatile token. The market price is not the floor: it can sit anywhere above the floor, and it can fall all the way to it.
- 02 If you buy above the floor, you can lose the difference. Nothing about this design prevents that.
- 03 The floor is only as good as the treasury. It is denominated in tokenized stocks whose price moves and whose issuer is a third party. The floor moves with them, and can fall with them.
- 04 This is not a stock, not a fund, not a safe place to keep money, and not advice. It is an experiment in public.
| Token | LOT · "Odd Lot" · ERC-20, 18 decimals |
| Initial supply | 1,000,000 LOT, minted once. redeem() burns; nothing mints. |
| Pool | One ETH/LOT Uniswap v4 pool · 1% fee · one hook-owned LP position |
| Hook | The token IS the hook IS currency1. One address, one contract. |
| Fee split | 80% treasury / 20% dev, on every collect() |
| collect() | Permissionless. Anyone can sweep fees into the treasury, at any time. |
| redeem() | Permissionless. Not pausable. No admin path to the treasury or the LP. |
| Treasury basket | A fixed approved list of Robinhood Chain tokenized equities. |