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FOLD / HOW IT WORKS

THE MECHANICS.
IN FIVE POSTS.

One thread. Five visuals. Ready to post.

5 POSTS / 1600 × 1000 VISUALS

FOLD / The seat

OPENING POST · 1/5

215 / 280

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.

FOLD: 1,000 nontransferable seats. Hold for launch-token drops; burn to claim. A folded steel seat sits beside the headline.VIEW FULL SIZE ↗
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FOLD: 1,000 nontransferable seats. Hold for launch-token drops; burn to claim. A folded steel seat sits beside the headline.

FOLD / The auction

REPLY TO POST 1 · 2/5

179 / 280

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.

Daily SOL Dutch auction: a descending price line stops when a seat is bought. The chart is schematic, with no numeric prices. Seats cannot be sold or transferred.VIEW FULL SIZE ↗
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Daily SOL Dutch auction: a descending price line stops when a seat is bought. The chart is schematic, with no numeric prices. Seats cannot be sold or transferred.

FOLD / The vault

REPLY TO POST 2 · 3/5

213 / 280

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.

Each launch routes a fixed share of its supply into a public vault. The vault allocates equally across seats. Allocations stay locked until the seat burns.VIEW FULL SIZE ↗
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Each launch routes a fixed share of its supply into a public vault. The vault allocates equally across seats. Allocations stay locked until the seat burns.

FOLD / The exit

REPLY TO POST 3 · 4/5

211 / 280

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.

Two options: hold the seat to keep receiving drops while allocations stay locked, or burn the seat to claim accumulated tokens and stop receiving future drops.VIEW FULL SIZE ↗
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Two options: hold the seat to keep receiving drops while allocations stay locked, or burn the seat to claim accumulated tokens and stop receiving future drops.

FOLD / Inactive seats

REPLY TO POST 4 · 5/5

211 / 280

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.

Once a seat meets the inactivity rules, anyone can burn it. The caller receives a bounty. The unclaimed token allocations redistribute to the remaining seats.VIEW FULL SIZE ↗
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Once a seat meets the inactivity rules, anyone can burn it. The caller receives a bounty. The unclaimed token allocations redistribute to the remaining seats.

End of thread.

All five posts are under 280 characters.

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