Documentation

Everything on one page.How THE DESK works

4,444 pixel brokers on Solana. Each one is a working trading seat: it earns distributions, holds a real on-chain portfolio, and earns more when it is used. This page explains the whole machine, from mint to payout, including exactly where every token goes.

1 · The mint

The collection is 4,444 brokers, minted in phases. Every phase has a flat price, paid in $DESK (the protocol token, launched on pump.fun). Phase prices and caps are set on-chain by the program authority and shown on the mint page before you sign — no dynamic pricing, no hidden curves.

Four phases of 1,111 brokers each. Phase 1 opens at launch; each next phase opens on a countdown after the previous one sells out: phase 2 one hour later, phase 3 two hours after that, phase 4 three hours after that. Each open starts a fresh snipe window (see section 2).

Your tier is not decided when you mint. Minting records a commit slot; the reveal draws your tier later from whatever is still in the pot, using a slot hash the program cannot predict. That means nobody — not even the team — can cherry-pick rare tiers at mint time.

On-chain: mint_broker pulls the phase price into the fee vault, creates the Core asset in the collection, and records the commit slot for reveal.

2 · Snipe windows

The first N mints of every phase pay a premium: the base price times a multiplier, up to 3×. Both the multiplier and the window size are set on-chain and displayed on the mint page, so nobody pays a surprise price.

The premium is the interesting part: 70% of it goes straight to holder distributions, the remaining 30% to the protocol. So every phase-open rush pays the people already sitting on the floor. Early pays the room.

The base price itself goes to the mint proceeds bucket, which is timelocked (see section 7).

3 · Tiers, reveal & weights

Five tiers, fixed supply: 2,000 Interns · 1,400 Analysts · 700 VPs · 300 Managing Directors · 44 Partners.

Tier decides your distribution weight: Intern 100, Analyst 115, VP 135, MD 165, Partner 250. A Partner earns 2.5× what an Intern earns from the same pool. Reveal odds are live on the mint page and shift as the pot empties — if the early crowd pulls the Partners, later reveals can't.

On top of the tier weight there is an activity boost: a broker whose portfolio traded within the last 7 days gets +20% weight. Idle brokers still earn their base weight; working ones earn more.

4 · Portfolios

Every broker owns a portfolio PDA — a real on-chain account that can hold tokens and trade. Trades route through Jupiter, and the program verifies that assets never leave the portfolio: the route program is whitelisted and the balance accounting is checked on-chain after every swap.

This is what makes the seat a seat and not a jpeg: the NFT is the key to a working trading account. Trading also stamps the broker's activity, which feeds the +20% weight boost above.

Every trade pays the 1% desk fee, which is the engine behind distributions.

What can be traded: a curated whitelist keeps portfolio values honest — majors and long-standing assets only, no fresh rugs to fake PnL. At launch: wSOL, USDC, $DESK, blue-chip memes (BONK, WIF), Solana infra (JUP, JTO) and tokenized stocks via xStocks — TSLAx, NVDAx, SPYx, AAPLx. Yes, your broker can literally hold Tesla. The list is admin-config and grows over time.

How trading works, step by step:

  1. Deposit. From the dashboard, pick your broker and deposit tokens from your wallet into its portfolio. This is your trading capital — portfolios start empty and are never pre-funded by the protocol.
  2. Trade. Pick a pair and size. The program executes the swap through Jupiter with the portfolio PDA as owner, and checks balances after the swap so nothing can leak out of the port.
  3. Withdraw. The current holder can withdraw from their own portfolio at any time — but only to their own wallet. Nobody else can ever pull from your port.

Portfolio contents are shown live on every broker's page, so secondary buyers price a broker off what's actually in it — on-chain, at purchase time.

Want a token added? Holders can request whitelist additions in the Discord. Requests are reviewed 1–2× a day against the same bar: deep liquidity and a real track record — graduated tokens with months of sustained liquidity qualify, fresh curve launches don't.

5 · The 1% desk fee

Every trade routed through the protocol pays a 1% fee in $DESK. It splits two ways, tracked in separate on-chain buckets:

  • 75% → holder distributions. Accrues to every broker by weight, claimable any time from the dashboard.
  • 25% → the protocol. The protocol reserve, visible on the vault page. Funds operations and development.

Distributions accrue to the NFT itself, not your wallet: no staking, no lock, no opt-in. Sell your broker and any unclaimed balance transfers with it — worth pricing in on secondary.

6 · The house broker

The protocol runs a seat on its own floor. Part of the protocol's $DESK earnings fund a house broker — a protocol-owned broker whose portfolio is traded publicly. It pays the same 1% desk fee as everyone else, and its profits are pushed back into holder distributions as bonus drops.

Beyond that, protocol earnings fund trading competitions — prizes paid in $DESK for the best portfolio performance on the floor. More trading, more fees, more distributions.

7 · Royalties

Secondary sales carry a 4% royalty (enforced by marketplaces that honour the Core royalty plugin). It splits 50% creator · 25% back into holder distributions · 25% protocol. Even secondary volume feeds the floor.

8 · Rug protection

Built into the program, not promised in a Discord message:

  • Timelocked mint proceeds. Everything paid at mint (base price) lands in a bucket that can only be withdrawn by queuing a request on-chain first, then waiting out a timelock. Withdrawals are public before they can move.
  • Separate buckets. Distributions, protocol, vault and mint proceeds are tracked separately on-chain. Holder money can't be quietly redirected.
  • No team wallet holds protocol funds. The vault is a PDA owned by the program itself — no private key can touch it. Funds only move through program instructions, a stronger lock than any third-party vesting contract. Verify it on-chain.
  • Fair reveal. Commit-reveal with a future slot hash: tiers can't be sniped by anyone, team included.
  • Portfolio custody. Broker portfolios are PDAs; assets never leave them during trades, verified by the program on every swap.
  • $DESK mint authority revoked. Standard pump.fun launch: fixed 1B supply, no new tokens can ever be minted.

9 · Quick reference

  • Supply: 4,444 brokers, five tiers
  • Mint currency: $DESK (SPL, 1B fixed supply, 6 decimals)
  • Desk fee: 1% per trade → 45 / 30 / 25
  • Snipe premium: 70% to holders / 30% protocol
  • Royalty: 4% → 50 / 25 / 25
  • Weights: 100 / 115 / 135 / 165 / 250, +20% activity boost
  • Claiming: any time, from the dashboard; rewards follow the NFT
  • Protocol earnings: trading comps + house broker; house profits paid to holders as bonus drops