Step 1
Buy Shares
A participant pays with supported stable assets and receives shares in the wallet.
How It Works
From share purchase to claim
The protocol separates purchase, stake, claim readiness, and claim into explicit state transitions. Participants can inspect readiness before moving to the next step.
Lifecycle
From share purchase to claim
The participant lifecycle moves through explicit state transitions. Ownership is created first, claim readiness comes later.
Step 2
Stake Shares
Wallet shares move into the claim path so they can begin progressing toward claim readiness.
Step 3
Wait if Pending
Newly staked shares may remain pending until the protocol period makes them claim-ready.
Step 4
Become Claim-Ready
Once claim-ready, the position can participate in claims for supported funded assets.
Step 5
Claim Distribution
The wallet claims a selected funded asset when all visible claim conditions are satisfied.
State Model
How the protocol represents position state
The same share moves through different visible states as it progresses from ownership into claim participation.
State
Wallet Shares
Shares currently held in the wallet. They represent ownership, but not yet claim-ready participation.
State
Pending Stake
Shares moved into the claim path, but not yet claim-ready for the current claim lifecycle.
State
Staked for Claim
Shares that currently participate in claim readiness for supported funded assets.
State
Claimed This Period
A visible period state showing that the selected asset was already claimed for the current period.
Claim Conditions
What makes a claim possible
Claim execution is not a general withdrawal action. It depends on visible protocol conditions that can be checked before submission.
A supported or valid distribution asset is selected.
The selected revenue pool account is funded.
The wallet has staked or pending claim stake.
The asset has not already been claimed this period.
Important Distinction
Ownership is not the same as claim readiness
This is the main rule participants should understand before interacting with the protocol.
Buying creates ownership
A purchased share first exists as a wallet-held position.
Activation prepares participation
Shares must move into the claim path before they can participate in funded distributions.
Claim readiness follows period rules
Pending stake may delay claim participation until the protocol period advances.
Example Lifecycle
A simple path from purchase to claim
This example shows one concrete participant journey through the protocol lifecycle.
Step 01
Buy 1 share
The participant pays with USDC or USDT and receives 1 share in the wallet.
Step 02
Stake it
The wallet moves that share into the claim path to prepare future claim readiness.
Step 03
Wait until claim-ready
If the position is still pending, the participant waits until the protocol period makes it claim-ready.
Step 04
Claim a funded asset
Once claim-ready and funded, the wallet claims a supported asset such as USDC.
FAQ
Common questions and edge cases
These are the most common points of confusion when participants first interact with the lifecycle.
Why can’t I claim immediately after buying?
Buying creates a wallet share position, but claim participation requires staking and, in some cases, waiting for the relevant protocol period.
Why is my activated stake still pending?
The protocol uses period-based staking rules. A newly staked position may remain pending until the next claim-ready period.
Why is claim blocked even if I have staked shares?
Claims also depend on the selected asset being funded and not already claimed for the current period.
Can different assets be claimed?
Yes. Claims can target different supported or valid funded assets, as long as the required claim conditions are satisfied.