How rewards are calculated
Individual reward = Scheduled round reward × Individual Work ÷ max(Total Work, Target Work)
Calculations use integer arithmetic and round down. The issuance schedule determines each round's planned reward. When total Work is below target, part of the planned issuance remains unallocated. Rewards can be claimed only after the round ends.
This instance starts with a target Work of 0.010777023386140748 NVDA. With no competition, reaching that target is the contribution threshold for a full scheduled round reward, not a minimum participation amount. Scheduled rewards and the target halve every 4,320 rounds and cannot be changed at an administrator's discretion.
Genesis: accrual, settlement, liquidity and opening
- Deploy the token, initialize the official pool and verify the on-chain genesis timestamp.
- Genesis lasts 144 protocol rounds, approximately 24 hours. Rewards accrue over time, while public trading and public mining remain closed.
- An on-chain transaction settles completed genesis rounds and mints the corresponding rewards to the protocol. Time passing alone does not submit transactions or mint tokens.
- Genesis rewards are then deposited into protocol-owned liquidity. Public trading opens only when the deposit and opening conditions are met. The first eligible public trade can settle genesis and deposit POL in the same transaction; users do not need to settle each round separately.
Genesis rewards fund locked, protocol-owned single-sided liquidity and are not allocated to the creator. Time accrual, settlement minting, liquidity deposits and opening must be verified separately.
Protocol fees and the official pool
The initial total protocol fee is 3%, with a dynamic range of 1–10%. The platform takes a share of this fee, without adding another 1%. This instance allocates 30% to the platform and 70% to the project. Up to 2% of the project share, or 1.4% of the total fee, replenishes maintenance reserves. Normally about 68.6% of new fees enters the buy wall; once maintenance reserves are full, 70% does, subject to integer settlement. Successful maintenance pays NVDA claims, which must be redeemed to become wallet tokens.
This instance's fee and Work rules apply only to trades through its official Hook. Ordinary ERC20 transfers do not incur this protocol fee. Pools that do not use this Hook do not generate Work for this instance.
Fixed instances, future versions
BTCNVDA, its official pool and Hook correspond to the same frozen version created by the deployed factory. Both deployment transactions and runtime code have been verified. The public creation page remains closed.
An instance's rules are fixed after deployment. Future versions use new instances and do not change old ones. Governance and public proposal tools are to follow.
Reserve identity and network fees
The reserve is the existing stock tokenNVDA; the reward asset is the separately issued protocol tokenBTCNVDA. Holding BTCNVDA does not confer a right to redeem NVDA at a fixed treasury ratio.
Robinhood Chain network fees are paid in ETH. Participating with NVDA still incurs network costs. ETH/USDG conversion and stock-token fee payment services are not open.
NVDA: 0xd0601CE157Db5bdC3162BbaC2a2C8aF5320D9EEC
View reserve asset metadata ↗Implementation status
BTCNVDA, the factory and Uniswap v4 Hook are deployed on Robinhood, with both receipts and runtime code verified. The project site provides actual protocol rounds, the genesis countdown and read-only minting/POL data. Official trading, claims and stock-token fee payment are not open; pure mining belongs to a separate tool.
The protocol site and BTCNVDA project site use the same instance definition. Changing a website does not restart genesis or issue tokens again.