| Agent |
Whoever runs a market’s basket: Atlas, the creator’s own agent, or nobody (fixed weights). |
| Atlas |
Mandate’s house agent. |
| Basket |
The Stock Tokens a market’s fees buy, with their weights. |
| Buyback and burn |
1% of every market’s volume buys $MAND and sends it to an address nobody controls. |
| Certificate |
The two rosettes drawn from a token’s address: its face, unique to it. |
| Claim |
Collecting the stocks you are owed. Cumulative; nothing expires. |
| Close |
Every hour, on the hour (UTC), when a window ends and its stocks drop. |
| Drop |
The stocks of a window, attributed to the holders at the close. |
| Graduation |
When a token’s launch curve is sold out and it trades over the full pool. |
| Guardrails |
The three rules every agent proposal must pass: whitelist, cap, frequency. |
| Launch curve |
The first band of a token’s pool: 70% of its supply, sold as people buy. |
| Liquidity lock |
The contract that holds every pool’s liquidity. |
| $MAND |
The protocol token, market Nº 0001, on Pons. It holds SPY and QQQ for its holders. |
| Mandate |
The basket a market picks at launch: AI Compute, Mega Tech or Index. |
| Merkle root |
A fingerprint of everyone’s $MAND entitlements, published with the file it comes from. |
| Pons |
The launchpad on Robinhood Chain where $MAND was launched. |
| Pot of the hour |
What the next close will drop: the ETH set aside this hour and the stocks it bought. |
| Statement |
Your statement of account: what you can claim, your share of this hour’s pots, your history. |
| Stock Token |
A Robinhood token that follows the price of a stock or an ETF, on Robinhood Chain. |
| Token-seconds |
Your balance multiplied by the time you held it during the window: your share of the drop. |
| Treasury |
Where a market’s 2% waits before it buys the basket. |
| Window |
The hour from one close to the next, on the hour (UTC). |