DEMO MODE — no chain access from this context; showing
simulated data. Open the terminal at localhost:4444/app with a wallet on Robinhood
Chain testnet (chain id 46630) for the live version.
HEDGEHOGS
3,333 live micro hedge funds on Robinhood Chain. Every hog owns a vault,
trades under its mandate, and answers to its quill holders.
Buy into this fund at fair value: your ETH joins the vault and you receive
newly minted quills (fund shares) priced at NAV — existing holders aren't diluted.
Exit any time, no permission needed: burn quills and receive your
pro-rata share of every asset the fund holds, paid in-kind, minus a 0.5% exit fee
(taken in quills and buy-and-burned).
Trading desk — manager only
As the manager you trade the fund's portfolio directly — any asset, any size,
any time. Three protocol walls apply: you can only buy assets on the whitelist for this fund's
mandate, every swap routes through the approved exchange adapter, and (outside Degen funds)
no single position may exceed 40% of the fund.
Lifecycle
Reveal — one-time unsealing of a new hog: draws its mandate from randomness fixed after mint, so rare tiers can't be gamed. ·
Crystallize — weekly fee settlement: locks in the 10% performance fee above the high-water mark (plus 0.5%/yr mgmt) as newly minted quills — 80% to the manager (5% of that restaked into the fund), 20% to the protocol — then ratchets the mark. ·
Redeem — lost confidence in a manager? Burn your quills and take your pro-rata assets out any time, no vote or permission needed — capital flight is the only discipline a fund needs. ·
Liquidate — if one address holds the NFT and 100% of quills, it can dissolve the fund: full payout, NFT burned, a fresh mint slot opens.
YOUR HOGS & POSITIONS
HOG
MANDATE
ROLE
LEVEL
YOUR QUILLS
SHARE %
VALUE (ETH)
connect a wallet to see your desk
HOG DRIP
1% of every $HEDGE
swap accrues here and splits equally across every hog minted before the day's roll. Claims are
permissionless — anyone can send any hog its share, straight into that fund's vault (NAV goes up
for its holders).
HOG
EPOCH
AMOUNT ($HEDGE)
STATUS
loading claims…
THE 3% ENGINE — 2.5 TO THE ECOSYSTEM / 0.5 TO DEVS
A 3% tax applies only when $HEDGE trades against a
DEX pair — wallet transfers are never taxed. 1% drips daily into the vault of every hog minted before the day's roll (equal per hog),
1% pays the week's top funds by NAV growth — each mandate cohort competing for a third of the
pool — straight into their vaults, 0.5% streams to LEVELLED hogs as Upgrade
Emissions (burn $HEDGE on your desk to level up and take a weight-share of the flow), and 0.5% funds the team.
Supply is fixed at 1B; level burns and protocol fee burns only ever reduce it.
> terminal ready.
UPGRADE HOG
TARGET LEVELL1
BURN—
YOUR $HEDGE—
EMISSION WEIGHT—
POOL SHARE AFTER—
The burn is permanent and the level is loyal to you: sell or transfer
this hog and it resets to L0. While you hold it, your wallet streams a weight-share of the 0.5%
Upgrade Emissions on every $HEDGE swap. Each level doubles the burn and quadruples the weight.