MANDATE Nº 0001 · INDEX · PROTOCOL
$MAND
The protocol token. 2% of its volume buys SPY and QQQ for its holders. 1% of every other market’s volume buys it back and burns it.
Price
Market cap
24h volume
Holders
CA 0x9116…D3E9Explorer ↗
STOCK TREASURY · LIVE
In SPY and QQQ, bought for $MAND holders since launch. It grows with every $MAND trade.
Next drop in
13:00 UTC0% of the window
In today’s pot
drops at the close to … holders
Dropped to holders
Last drop
$MAND burned
Buyback today
1% of all markets’ volume
What the treasury holds
Mandate · Index · fixed weightsHeld by the distributor at 0x1a62…6ea5 until claimed.
IN · EVERY $MAND TRADE
2% → SPY, QQQ
Bought on Robinhood Chain, dropped to $MAND holders every day at 13:00 UTC, by token-seconds.
IN · EVERY TRADE, EVERY OTHER MARKET
1% → buy $MAND, burn
Each market launched on Mandate buys $MAND back with its volume. More markets, more burns.
PONS FEE · EVERY $MAND TRADE
1% → Pons, team
$MAND trades on Pons: of its 1% fee, 0.3% goes to Pons and 0.7% to the Mandate team. Shown here, not hidden.
| Value date | SPY | QQQ | Value | Holders |
|---|---|---|---|---|