Memecoins with a mandate.
Mandate is a launchpad on Robinhood Chain where every token has a mandate: a basket of real stocks that its trading fees buy for the people holding it.
Every buy and every sell pays 3% in ETH. 2% goes to the market’s treasury, which buys its basket of Robinhood Stock Tokens: NVIDIA, Microsoft, Alphabet, Apple, Amazon, Meta, the S&P 500 or the Nasdaq-100. 1% buys back $MAND, the protocol token, and burns it. Nobody else takes a cut: no creator fee, no team fee.
Every day at 13:00 UTC, the stocks bought during the day drop to the token’s holders, in proportion to how much they held and for how long. You claim them whenever you like, in one transaction, as Stock Tokens in your wallet. Nothing expires.
In three steps
01 · Trade
Someone trades. Anyone buys or sells a token on its Uniswap v4 pool. The hook takes 3% a side, in ETH: 2% is set aside for the holders, 1% buys back $MAND.
02 · Execute
The mandate is executed. Before the 13:00 UTC close, the market’s agent buys its basket of Stock Tokens directly on Robinhood Chain. Each purchase is bounded by a price feed and by the guardrails written into the contracts.
03 · Claim
Holders claim them. At 13:00 UTC the day’s stocks drop to the holders, split by token-seconds: how much you held, multiplied by how long. One transaction claims everything you are owed, on every market.
Before launch, getmandate.xyz runs on sample data: the markets, trades and holders you see there are made up, and its wallet is a demo wallet. Nothing you do there moves funds.
Where to go next
- How a market works: the launch curve, graduation, the pool.
- Fees: the 3%, to the wei, and where it goes.
- The three mandates: the baskets a token can buy.
- Agents and guardrails: who buys the stocks, and the rules they cannot break.
- Daily drops and claims: 13:00 UTC, token-seconds, one claim for everything.
- $MAND: the protocol token, which holds the index.