



1/5

FOLD ports the Standard Reserve model from Robinhood Chain to Solana.

1,000 nontransferable seats collect token allocations from launches. Hold your seat for more drops. Burn it to claim what you've collected.

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2/5

Seats are sold in a daily SOL Dutch auction: the price starts high and falls until someone buys.

Once you own a seat, you can't transfer or sell it. Your exit is to burn it.

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3/5

Every launch sends a fixed share of its token supply into a public vault, split equally across seats.

Those allocations stay locked while you hold your seat. Creators can show exactly where that supply sits.

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4/5

Burning your seat releases all the token allocations you've collected.

The burn also ends your right to future drops. Claiming and exiting are the same action. You can't claim the tokens and keep the seat.

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5/5

An inactive seat can be burned by anyone once it meets the protocol's inactivity rules.

The caller gets a bounty. The seat's unclaimed drops go to the remaining seats.

Holding a seat means staying active.
