How a UTC server works
A server is an NFT that owns a vault. The vault fills with tokenised stock over time, and whoever holds the NFT owns whatever is in it.
01
What you get
A UTC Server is an ERC-721 NFT with a vault address derived from it. The vault holds real tokenised stock, it is owned by the NFT rather than by you, and it travels with the NFT when you sell. That is what makes it a server rather than a picture.
To deploy one you provide 100,000 UTC — which the protocol did not give you — plus a 0.05 ETH ETH surcharge. Both are required upfront. The UTC is permanently removed, the ETH is split and put to work.
| You provide | Amount | What happens to it |
|---|---|---|
| UTC deposit | 100,000 UTC | Sent to a publicly verifiable irrecoverable address — permanently removed from usable circulation |
| ETH surcharge | 0.05 ETH | 0.045 ETH to the pot · 0.005 ETH to the protocol |
02
How deployment works
UTC is launched separately on Pons. The protocol does not create, lend, or give you UTC — you acquire it on the open market and hold it in your wallet until you are ready to deploy.
When you deploy, everything happens in a single atomic blockchain transaction: your 100,000 UTC is transferred to a publicly verifiable irrecoverable address, the 0.05 ETH ETH surcharge is split between the Server Pot and the Protocol, and your ERC-721 is minted with its Server Vault initialized. The NFT is not issued until all three conditions are satisfied. If any part fails, the entire transaction reverts — there is no way to receive a server without the UTC being permanently removed.
There is no separate activation step. Your server is live and earning from its first block.
03
What a round does
The moment the pot clears 0.1 ETH it is spent — all of it — on whichever stock is next in the rotation. What it bought is split equally across every live server. Not proportionally, not weighted by how long you have held: one server, one share.
The rotation holds 13 assets. 12 are tokenised equities; the last is UTC, bought the same way as the rest — nothing about it is privileged.
04
Where the money comes from
Everything the protocol spends passes through one account — the pot. Three things fill it.
| Source | Amount | To the pot |
|---|---|---|
| Deploy surcharge | 0.05 ETH | 0.045 ETH |
| Sale on marketplace | 5% royalty | Full |
| UTC coin creator fees | 10% of trading fees | Full · swept by keeper |
The 100,000 UTC UTC deposit funds none of this. It is sent to an irrecoverable address, it goes nowhere useful, and nobody receives it. Total UTC supply is permanently smaller every time a server is deployed.
05
What we take
0.005 ETH per deployment and 15% of the creator fees UTC coins earn as they trade. Everything else goes to servers or the pot.
| Event | Protocol | Pot / servers |
|---|---|---|
| Deploy surcharge | 0.005 ETH | 0.045 ETH · to the pot |
| UTC deposit | None | None · irrecoverably removed |
| Royalty on a sale | None | Full · to the pot |
| Coin creator fees | 15% | 70% holders · 10% pot · 5% buybacks |
06
Coins that pay in stock
Anyone can launch a community coin from the launcher. At launch you pick one tokenised asset. That asset is what your holders get paid in — permanently. Creator fees are routed to a UTC-controlled vault in the same transaction that creates the coin, so fees never pass through your wallet.
These coins are community tokens. They are not stocks and are not backed by or affiliated with the associated company.
| Share | Where it goes |
|---|---|
| 70% | Buys the chosen stock and distributes to holders |
| 10% | The Server Pot, which buys stock for servers |
| 15% | Protocol treasury |
| 5% | Buys UTC back off the open market |
The 70% is swapped into the stock the coin chose at launch and distributed to holders pro rata — your share of the payout is your share of the supply.
| Holder | Holds | Gets |
|---|---|---|
| A | 50% of supply | 50% of the payout |
| B | 30% of supply | 30% of the payout |
| C | 20% of supply | 20% of the payout |
07
Selling a server
Selling a server is selling the NFT. The vault is derived from the NFT and every instruction checks ownership against it, so transferring the token transfers everything the server owns — its stock, and anything a round has credited but not yet delivered. There is nothing to withdraw first and nothing that gets left behind.
A listed server is still live, still counted, and still paid by every round while it sits on the market. Whoever buys it picks it up mid-flight with everything on it.
The protocol takes nothing from the sale. The collection carries a 5% royalty, and it goes to the pot rather than to us.
08
The numbers
| Setting | Value |
|---|---|
| UTC deposit per server | 100,000 UTC · irrecoverably removed |
| ETH surcharge per server | 0.05 ETH |
| Protocol share of surcharge | 0.005 ETH per deploy |
| Royalty on secondary sale | 5% · to the pot |
| Round threshold | 0.1 ETH |
| Max supply | 5,000 servers |
| Stocks in rotation | 13 |
| Max UTC removed from circulation | 500,000,000 UTC · if all 5,000 servers deployed |
09
The accounts
| Program | 0xA1Mx…dHQW |
| Pot | 0xBZcv…BucR |
| Protocol wallet | 0xDqMA…rbQh |
| Config | 0x9b5V…REU4 |
| Collection | 0xD7sL…5Jrh |
Stocks in rotation
All contract addresses link to Robinhood Chain Blockscout for public verification.