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How a trade becomes a box
Ten steps from a trade on Pons to a box on a shelf. The first five run on-chain by themselves. The last five are people doing things in public.
The ten steps
On-chain, by itself
- 1Tradesomeone buys or sells $BSTR
- 2Feebase fee plus creator tax, in ETH
- 3Escrowthe creator share waits in Pons
- 4Harvestanyone calls harvest()
- 5Split90% reserve, 10% operations
In public, by people
- 6Withdrawthe price of the next box
- 7Buysealed, from a real seller
- 8Logacquisition #n on-chain
- 9Vaultphoto, card, shelf
- 10Repeatsave for the next one
Then back to 1. Every trade after that saves toward the next box.
The automatic half
$BSTR launched on Pons v2, which charges every trade a 1% base fee and the creator tax the launch set (2% for $BSTR), both in ETH. While the token trades on its bonding curve the fees sit on the curve; a sweep moves the creator's share into the Pons fee escrow, credited to our fee router.
Anyone can call harvest() on the router. It sweeps the curve if it can, claims the router's ETH from the escrow and splits it: 9% to the BrickReserve contract, the rest to the operations wallet. Nobody has to trust us to do this step, and nobody can send the reserve's share anywhere else.
The human half
When the reserve holds enough for the next target set, the owner withdraws exactly what it costs. The withdrawal is numbered and carries a memo naming the set. The set is bought sealed, the purchase is recorded on-chain as the next acquisition, and when the box arrives it is photographed with its printed vault card and marked as vaulted. How a box is logged has the detail.
How long it takes
Harvests can happen any time. Purchases happen when the reserve can afford the next box. At 2.43% of trading volume reaching the reserve, the next target (Eiffel Tower, retail $629.99) takes about $25,926 of trading.