Hourly drops and claims
One window an hour
Each market’s window runs one hour, from one full hour to the next (UTC): 13:00 to 14:00, 14:00 to 15:00, and so on, weekends included. At the close, the stocks bought during the window drop to its holders.
Split by token-seconds
Your share is not your balance at the close: it is how much you held, multiplied by how long you held it during the window.
| Holder | Held | For | Token-minutes | Share |
|---|---|---|---|---|
| A | 1,000 tokens | 60 min | 60,000 | 2/3 |
| B | 2,000 tokens | 15 min | 30,000 | 1/3 |
- Buying a minute before the close earns almost nothing. A snapshot could be gamed in one block; token-seconds cannot.
- Selling before the close keeps what you earned until then.
- The pool, the liquidity lock and the protocol’s contracts earn nothing: their part goes to the holders.
Claiming
- Cumulative, and nothing expires. What you are owed waits for you, on every market.
- One transaction collects everything: on your statement, Claim everything claims every market you hold, and $MAND’s stocks with them.
- The stocks arrive in your wallet as Robinhood Stock Tokens, on Robinhood Chain.
- A claim costs only its gas.
Estimates
During the window, your statement shows your share so far and an estimate of what you would receive at the close. It moves until the close with the volume and with the other holders.