§ Payday
Everyone is paid
Payday settles the payroll pot into badge wallets as real tokenized stock, valued at the Pyth price at the moment of payment. Rank weight divides the pot; it does not create it.
Payday pot
0.0000SOL
60% of every SOL fee the protocol charges is credited here; the rest goes to the treasury.
Threshold
1.0000SOL
The pot has to pass this figure before a round can be opened by anyone.
Progress
0%
At 100% any wallet can open the round and keep 0.5% of the pot for the gas.
Next round
—
Permissionless. There is no schedule and no operator that has to show up.
Weight by rank
Intern1.0×
Analyst1.4×
Associate1.9×
Manager2.5×
Director3.3×
VP4.3×
SVP5.5×
CEO7.0×
Rules of the round
A new weight waits 24 hours
A rank taken minutes before a round pays at the old weight, so nobody buys a promotion into a pot that is already full.
Settled from inventory
On-chain stock pools are shallow, so a round settles from a pre-funded inventory at the Pyth price rather than through a swap.