Introduction
What is STOCKED?
$STOCKED is a redemption protocol on Solana whose trading activity funds one reserve of 15 tokenized stocks. This page explains how SOL fees acquire those stocks, how backing is measured, and what an eligible holder can claim.
The problem it solves
A typical token is worth whatever the last trade says it is worth. There is no balance sheet behind it, nothing to fall back on, and no mechanism that turns trading volume into durable value for holders. When demand fades, nothing is left.
$STOCKED attaches a disclosed stock base to the token. Trading activity continuously funds an on-chain 15-stock reserve, and that reserve is claimable by eligible holders on a strictly proportional basis. The result is a measurable, on-chain value per token that is independent of the market price and that can only be increased by inflows, never reduced by redemptions of other holders' shares.
What the reserve holds
One unified pool holds Apple, Berkshire Hathaway B, Alphabet, Tesla, Robinhood, NVIDIA, Circle, Amazon, Coinbase, Strategy, Meta, McDonald's, Broadcom, Microsoft and Palantir stock tokens. Their quantities are readable directly from Solana and valued from live prices.
How the reserve is funded
Creator fees accrue in SOL. Every cycle, newly claimed SOL is split equally across the 15 registered stock tokens and swapped on-chain. Only claimed fees fund purchases; existing wallet balances are not used as acquisition capital.
Every fee receipt and every backing addition is recorded on-chain and surfaced in the protocol activity log, so the growth of the reserve is auditable event by event rather than reported as a summary figure.
What you are entitled to
Eligible holders can claim their proportional share of the pool without burning or surrendering a single token. A claim reduces the pool and increases that wallet's permanent cumulative-claimed record; it never reduces supply and never touches another wallet's entitlement. Claims are capped at 10% of the available amount per day with a 24-hour cooldown, and only wallets with verified on-chain purchase history are eligible - tokens received by transfer carry no claim rights.
How backing is measured
Pool value (B) is the live dollar value of every stock token held by the reserve. Backing per token is P = B / S, where S is circulating supply. Because supply is fixed and tokens are never burned, P moves only when the reserve grows through fee inflows or when claims are paid out.
Why STOCKED
- On-chain backing: every token is backed by a proportional share of 15 stock holdings.
- Floor value: the reserve creates a recoverable value independent of the market price.
- Keep your tokens: redemption pays out your stock basket without burning $STOCKED.
- Transparent mandate: the pool address, its balance and every fee event are all on-chain.
- Fixed supply: no inflation path; mint authority is expected to be revoked at deployment.
Key concepts
- Backing pool: the Solana wallet holding all 15 tokenized stocks.
- Pool value (B): the summed live dollar value of all reserve holdings.
- Circulating supply (S): the tokens in circulation; supply is fixed and never burned.
- Backing per token (P = B / S): the protocol's canonical backing metric.
- Claim: receiving your proportional quantity of every stock while keeping your $STOCKED.
- Execution status: only verified token balances held by the reserve count as backing.
