$BPSTR · ROBINHOOD CHAIN 4663

Every trade
buys a punk
and burns supply

A 10% fee sits on the $BPSTR pool. Eight points of it fund a machine that sweeps Broker Punks off the OpenSea floor and puts them straight back up at 1.2x. When one sells, the whole payment buys $BPSTR and destroys it. The loop needs no manager and no treasury deposit, only volume.

Acquisition treasury
- ETH
ready to buy punks
Punks held
-
$BPSTR burned
-
- of supply
Fees collected
- ETH
10% of every trade
Queued for burn
- ETH
sale money, fenced off

// THE MECHANISM

Six steps, then repeat

The machine is a set of rules, not a fund. It holds ETH it cannot pay out to anyone and punks it can only sell on a public marketplace.

01

Somebody trades

Any buy or sell against the $BPSTR pool pays a 10% fee, taken in ETH by the pool hook rather than by the token. Wallet to wallet transfers pay nothing.

02

The fee splits 8 and 2

Eight points of the trade land in the machine, two go to the team. The split is fixed at deployment. There is no owner on the hook and no setter to change it.

03

A punk comes off the floor

The operator fills a live OpenSea listing straight from the treasury. The contract re-checks that it owns the punk afterwards and that it did not overspend, so a bad order can only revert.

04

It goes back up at 1.2x

The punk is relisted on OpenSea at 1.2 times what the machine paid. The vault does not sell in-contract at all, so price discovery stays where the collection already trades.

05

The sale burns supply

Seaport pays the machine, and that money is fenced for burning the moment it arrives. All of it buys $BPSTR through the pool and destroys it. None of it can fund the next punk.

06

Round again

Trading refills the treasury while the burn shrinks the supply. Nobody has to deposit anything for the loop to keep turning, and nobody can withdraw from it.

// THE MACHINE

What it has done so far

Read straight off Robinhood Chain in your browser. There is no server between this page and the contract.

Flow

Fees taken, all time
- ETH
Of which to the machine
- ETH
Spent on punks
- ETH
Returned by sales
- ETH
Waiting to be burned
- ETH

Supply

Genesis supply
-
Circulating now
-
Burned
-
Share destroyed
-
Cycles completed
-

Settings

Trade fee
-
Relist markup
-
Most it will pay per punk
no cap set
Sale proceeds burned
100%

// THE VAULT

Punks on the shelf

Everything the machine is holding right now, each one listed on OpenSea at 1.2x what it paid. Buy one there and your ETH does not reach the team or a treasury. All of it buys $BPSTR and destroys it.

The shelf is empty. The machine is out hunting.

The whole collection on OpenSea

// TOKENOMICS

The numbers, in full

Nothing here is adjustable after launch except the relist markup and the ceiling on what the machine will pay for one punk. The fee, the split and the locked position are fixed in the contracts.

Supply

Ticker$BPSTR
Total supply1,000,000,000
Decimals11
In the locked pool100% of supply
Team allocationnone
Presalenone
Mint functionnone, the supply can only fall

The pool

PairETH / BPSTR, Uniswap V4
Pool fee tier1%
Opening price420,901,191 BPSTR per ETH
Supply at that priceabout 2.38 ETH
ETH placed at launch0
Position range-887,200 to 37,200
Liquidity withdrawalno function exists

The flow

Trade fee10%, in ETH, both directions
Fee to the machine80% of the fee, so 8% of the trade
Fee to the team20% of the fee, so 2% of the trade
Wallet transfersuntaxed
Relist markup1.2x what the machine paid
Sale proceeds100% burned

$BPSTR is not backed by the punks the machine holds and gives no claim on them, on the treasury, or on anything else. The machine is a mechanism that follows its own code: it buys, it relists, it burns. Whether any of that is worth anything is a question the market answers, not this page. The contracts are unaudited.

// QUESTIONS

Reasonable objections

Is $BPSTR backed by the punks?

No. The token gives no claim on the punks, the treasury or anything else. The machine holds assets it cannot pay out to token holders, and there is no redemption function. What the token has is a mechanism attached to it: trading funds purchases, and sales destroy supply.

Where does the 10% go?

Eight points of every trade go to the machine and two go to the team, both in ETH. The fee is charged by the pool hook, not by the token, so moving $BPSTR between wallets costs nothing. The hook has no owner and no setter, so the rate cannot be changed later.

Can anyone withdraw the treasury?

There is no function to. The machine has no withdraw, no ETH rescue, no upgrade path and no proxy. ETH leaves it in exactly two ways: buying a punk, or buying $BPSTR to burn. The ERC20 rescue function explicitly refuses $BPSTR.

Can the liquidity be pulled?

No. The launch position is held by a locker contract that has no removal function at all, not owner-gated and not timelocked, simply absent. The only thing that can leave the locker is the swap fee the position earns, and that is forwarded to the machine.

Why does the operator have to press a button to buy?

Choosing which listing to fill needs an order built off-chain, so a person requests it and the contract executes it. What the operator cannot do is take the money: the buy reverts unless the machine actually ends up owning the punk, and the ceiling on the price is set on-chain.

Why does the machine not sell punks itself?

Because the punks should trade where the collection already trades. The vault lists on OpenSea and has no in-contract sale path at all. The contract has no private key, so it vouches for each listing individually under EIP-1271 rather than signing a blanket approval.

Who can settle a sale?

Anyone. The settle function checks the one thing nobody can fake, that the machine no longer owns a punk it still has listed, and then burns the proceeds. Even if nobody calls it, the money is already fenced for burning the moment Seaport pays it in.

Why 11 decimals?

It is what places the opening tick where the whole supply is worth about 2.38 ETH at launch. Decimals and the tick are two halves of one number here. Changing either without the other moves the launch price by orders of magnitude.

Is this audited?

No. The contracts are unaudited. Read them on the explorer before deciding anything, and treat the whole thing as experimental.