Your stash grows in real equities.
Three percent of every trade is taken in ETH, spent on tokenized shares, and owed to you from the block it lands. Nothing to stake, nothing to lock.
Your STASH
—
Owed to you
—
across the four names, claimable now
Shares owed
| Name | Weight | Owed to you | In the vault |
|---|
Anyone can deliver these for you with pushTo(), for free. Claiming is only
the path you take when nobody has.
Tolled, all time
—
ETH taken on the ETH leg
Waiting to be spent
—
ETH already earmarked for shares
Protocol
—
10%, to one immutable address
Eligible supply
—
liquidity does not accrue, and does not dilute
This hour
A spend cap that applies to the window, not to each call. Two calls do not make two caps.
—
The basket, and its drift
Nobody chooses. buy() takes a number and nothing else: no venue, no
route, no recipient, not even which name. The contract spends on whichever name sits
furthest below its weight, at a 30 minute average, and refuses if spot has left it by
more than 5%.
Documentation
Stash, explained without the machinery
Stash is a token whose trading fee is not kept. It is spent, immediately and automatically, on shares of real companies, and those shares belong to the people holding the token from the moment they are bought.
That is the whole product. Everything below is what that sentence costs to make true.
Where the yield comes from
Somebody trades. Three percent of the ETH side of that trade is taken and never given back to the market. It buys tokenized equity, and the equity sits in a vault nobody owns.
So the return is not a rate we chose. It is a share of other people's trading, converted into companies. Heavy week, more shares. Quiet week, fewer. Dead week, none. We would rather say that plainly than publish an APR we cannot honour.
What it is not
It is not staking: nothing is locked and nothing is minted for you. It is not a buyback: the vault never touches STASH. It is not a points programme, and there is no second token waiting behind it.
Most of DeFi pays you in the thing you already hold, and calls it a dividend. That is a metaphor. It stops being one when the treasury holds NVDA.
What you have to do
- Hold the tokenThere is no registration, no minimum, no lockup and no form. If you hold, you accrue, in proportion to how much you hold and for how long.
- Take the shares, wheneverYour claim is recorded the block the purchase happens, and it waits. It does not expire, and it survives you selling: what you earned while holding stays earned.
- Or let someone else deliver themAnyone can push the shares out to a list of holders, and pay the gas to do it. That is the version of this that works for people who never open a dapp.
The basket
Four names, weighted, chosen once and never changed. Not thirteen: Coinbase lists thirteen tokenized equities on Base, and half of them have no depth worth trading against. A basket you can actually fill beats an index you cannot.
Nobody decides what gets bought and when. The vault always buys whichever name has fallen furthest below its weight, at a thirty minute average price, and refuses to trade at all if the live price has run away from that average.
What can go wrong
- No trading, no shares. The whole mechanism is downstream of volume. If nobody trades, nothing is bought, and that is not a bug we can fix.
- Tokenized equity is not equity. It carries the issuer, the custodian and their transfer rules. A share can refuse to land in your wallet for reasons that have nothing to do with us.
- Markets fall. The vault buys companies. Companies go down as well as up, and the vault is not allowed to sell.
- New code. These contracts are tested, and untested by the world. Treat them accordingly.
What we gave up
There is no owner on the vault. No pause, no allowlist, no emergency withdrawal that can reach a share, no address we can point the money at later. We cannot rescue you, and we cannot rescue ourselves either.
That is deliberate. Every convenience we kept would have been a door, and the honest version of this product does not have one.
Contracts
4
token, hook, vault, router
Tests
32 / 32
green
Owner on the vault
none
not a role, not an address
Deployed
not yet
no addresses, on any chain