$OWED/Token and fee share

Token and fee share

$OWED is a fixed-supply ERC-20 on Robinhood Chain. 40% of net protocol fees is pooled and paid pro rata to holders at each snapshot — from fees collected, never from new supply.

Supply

Total supply

Decimals

Fee share

40% of net fees

Snapshot

Every 24h at 00:00 UTC

The full supply is minted at deploy and the mint function is removed from the bytecode, not merely renounced by an owner. There is no inflation schedule, no emissions curve, and no governance vote that can add supply.

Allocation

Bucket	Share	Terms
Trader rewards	38% · 380M	Funds the marker book. Released as markers settle, never minted ahead of them.
Liquidity	22% · 220M	Uniswap pools on Robinhood Chain plus market depth on partner venues.
Treasury	16% · 160M	Vault float, audits, and integrations. Multisig, published address.
Core contributors	14% · 140M	12-month cliff, 36-month linear vest. On-chain schedule.
Ecosystem & grants	7% · 70M	Routing partners, tooling, and desks that bring volume to the book.
Public sale	3% · 30M	No private round. No allocation priced below the public book.

How a distribution is computed

At each snapshot the distributor reads balances, sums eligible supply, and divides the pool. Your slice is your balance over eligible supply — nothing else enters the formula.

pool          = net_protocol_fees * 0.40
your_share    = your_balance / eligible_supply
your_payout   = pool * your_share

eligible_supply excludes:
  - unvested contributor tokens
  - treasury-held tokens
  - liquidity-pool-owned tokens

No staking contract. Holding in your own wallet is enough. There is nothing to lock and nothing to unstake.
No claim window. Distributions are pushed, not pulled. You do not lose a payout by not visiting the site.
No minimum. A dust holder gets a dust payout, not zero.

Distributions track fees the desk actually collected. When volume falls, distributions fall — and nothing is printed to smooth over a bad week. That is the trade-off of a fee-backed token instead of an emissions-backed one.

Markers and $OWED are separate

Holding $OWED does not raise your marker rate, lower the floor, widen the daily room, or unlock a tier. There are no tiers. Every wallet on the desk trades against the same published numbers on published numbers.

The token contract is Not deployed yet and the distributor is 0x9C2e5A8b1D4f7E0a3C6b9D2f5A8e1B4c7D0f3E6a. Both are on contracts.

Risk

$OWED has no redemption right. It is not a claim on the treasury, the vault float, or any marker.
Fee income is volume-dependent and can go to zero. Past epochs do not predict future ones.
Smart-contract risk is real. Read the contracts before you buy, not after.