How the whole
thing works

Every badge owns a wallet. Salary is not paid to you — it is paid into the badge's own account, and it travels with the badge when the badge is sold. At mint that account is seeded with a starting cheque in the employer's stock. Selling the badge sells the wallet and everything in it, which is why the resignation rules in the labor market matter: rank resets, but accrued stock does not.

The canonical ERC-6551 registry is never wired directly to a certificate. TBARegistrar clones and initialises the vault in one transaction, because a vault that is created in one call and initialised in the next can be seized in between.

The company mascot is the brand mark, the favicon and the PFP. Its eight drawn traits — royal background, tabby head, wink, blep, blush, mint shirt, navy suit, red tie — are pinned and reserved out of the sampling pool before any other badge is drawn, so no employee can ever wear the company logo. It is the only badge that can never be hired, and every supply figure on this site says 3,332 hireable of 3,333 minted rather than rounding it away.

The office scenes

The office backdrops in public/bg/ — cubicle farm, boardroom, trading floor — are section art for this website and nothing more. They were a trait once; they are not one now, and any interface that presents one as a badge's background is wrong. A badge's background is one of the 11 flat colours above.

Rank and Department

Neither is ever written into the static metadata. Both are mutable on-chain state and are added live by the API, because a copy in the pinned JSON would be a second source of truth that drifts. Employer and Salary Ticker are written into the static JSON under exactly those names, derived from the badge number, so the static answer and the live answer are the same string rather than two competing ones.

These five sit alongside the nine drawn traits and are added by the API at read time. The art changes with rank: the API composites a rank overlay onto the base edition and the contract emits MetadataUpdate on every rank change, so a marketplace refreshes the image without being asked. Department is assigned deterministically from the reveal seed and the badge number, and it weights the Bonus Season basket.

Mint proceeds in $MEOW are forwarded to LaborMarketVault and become the float that backs selling a badge back. Without that the vault could not honour a flat buyback price on day one — which is the whole point of the next layer.

Gate 2 debits stock tokens from the employee's own ERC-6551 wallet at the Chainlink price: half funds that corporation's Bonus Season, half is swapped into $MEOW and burned. Gate 3 counts salary received while holding the current rank, in USD at the feed price at each payout, and resets to zero on every rank change. It is the gate a bankroll cannot skip — the protocol has to have paid you first.

A new weight does not take effect for 24 hours. That kills the flash-promote a minute before a large distribution.

A defended chair is immune for 7 days. A failed defence costs the incumbent one rank — two if there is no free chair one rank down — and the remainder of the deposit burns. A badge sitting in LoanVault may neither issue nor receive a challenge. When cumulative volume crosses an owner-set threshold, a Reorg adds 10% more chairs at every capped rank, rounded down, minimum one.

1. 70% of every ETH fee in the protocol accrues in PayrollBooster. When the bar is full, any wallet may open the round and pays the gas.
2. The pot splits across the three corporations pro rata by their share of trading volume in the epoch — the corporations compete for it.
3. Each share is swapped into that corporation's ticker through StockRouter.
4. The stock is distributed to that corporation's employees pro rata by rank weight, straight into the ERC-6551 wallets. Interns receive nothing.
5. continueDrop is called until the round closes. Rounds are resumable and bounded by a caller-supplied cursor, so a round can never exceed the block gas limit.

A second, diversified engine, so the top of the ladder is not paid purely in its own employer's ticker. Corporate Sponsors from the Escrow Department can put their ticker onto the ballot.

Corporate actions · ERC-8056

Robinhood stock tokens do not rebase on dividends or splits — they update uiMultiplier(). Chainlink feeds already quote the total-return price, so My Desk shows the live multiplier as its own line and keeps two flows visually separate: issuer corporate actions, and protocol Payday distributions. They are not the same thing and the interface never merges them.

Every lock issues a transferable Certificate of Deposit. The certificate holder — and only the certificate holder — collects swap fees, withdraws vested liquidity and releases the position. ETH and WETH from the community share flow into PayrollBooster and feed Payday; other tokens open claim rounds that hired employees pull into their wallets by rank weight. A project locking above the owner-set Corporate Sponsor threshold gets its ticker onto the Bonus Season ballot and its logo in the site lobby.

Unlike the original concept, the owner can withdraw locked liquidity. The router and both lockers are upgradeable and carry the same unconditional withdrawal surface as every other contract here. The concept's promise that an admin key cannot touch locked liquidity does not hold and must not be advertised — not by this site, and not by any project that locks here.

What survives the deviation is narrower and still worth something: window boundaries are fixed inside the signed transaction, so a term cannot be shortened after the fact through a normal call path; the fee mode is immutable once chosen; and every right in the lock follows the certificate rather than the depositor.

Rank does not move a single probability in the prize table. It lowers the edge, verified on chain, and the discount unlocks at Manager.

A run commits to a word that does not yet exist and is derived from future prints, so neither player, house nor a single miner picks the outcome. It fails closed: if prints thin out the machine stops selling tickets, while settles, rescues, redeems and buybacks always work. An Equity Grant is the no-draw alternative — a flat 1× certificate on any listed ticker for a flat $1 fee, sealed into a numbered deed with its own vault, redeemable by whoever bears it.

Venture Arm: every incubator token is additionally paired against $MEOW at finalize, which is what the 15% Venture Arm allocation in the tokenomics below pays for.

Part of every bonding-curve fee flows into a public buyback bar whose level everyone can see. When the bar fills, one draw fixes two things at once: when the bell becomes available, and which live token on a curve receives the buyback. Selection weight is proportional to each token's contribution to the bar — a high-volume curve gets more chances, every live token gets some. After the bell opens, any wallet presses the button, the whole bar buys the chosen token straight into its curve in one sweep, and the caller takes a tip.

The entropy path is byte-for-byte the Performance Review path, so the buyback moment cannot be sniped, ground or selectively cancelled — by anyone, the team included.

• Vault purchases — 1,000 $MEOW per trade.
• Promo fees — half burned on each of the seven transitions.
• The reinvestment half that is swapped into $MEOW and burned.
• Part of every Boardroom Challenge deposit.
• Loan principal, locked for the term.
• The rank reset on transfer, which makes every new owner climb — and burn — again.