historicalstacc.json

historicalstacc.json

{
  "name": "HISTORICALSTACCINDEX",
  "symbol": "hSTACC",
  "description": "43 of 229 SPL stake pools (almost 1 in 5). 59 of 1,536 Sanctum forks (1 in 26). 102 stake pools under one manager. 76 of them carry assets and back the basket; 26 are empty shells — rescued for the address space alone, retained as scaffolding. ~5.8% of every liquid stake token on Solana, owned outright. Exhumed from abandonment, rescued under one manager, indexed under one mint.\n\nEvery deposit taxes 5% back to remaining holders. Every redemption taxes 5% to the rest. Every block of underlying staking yield compounds beneath. Every share accrued to the creator is burned on receipt, as a rule. Four channels, all pointed up. Supply moves one direction. NAV moves the other.\n\n--- ELI5 ---\nIt's a piggy bank. Inside the piggy bank are 76 little piggy banks (and 26 empty piggy banks just for show). Each little piggy bank gets fatter on its own because validators are paying it staking rewards. When someone puts a coin in the big piggy bank or takes one out, they have to leave a piece behind for everyone still inside. stacc gets a small tip every time, but he sets the tip on fire instead of keeping it. The number of tickets to claim a piece of the piggy bank only ever shrinks. Each ticket is worth more every day.\n\n--- ELI18 ---\nIndex fund of 76 Solana liquid staking tokens (LSTs), drawn from a 102-pool authority footprint that spans both the official SPL stake pool program and Sanctum's permissionless fork. The 26 empty pools don't contribute NAV but anchor the manager's network presence. Underlying LSTs earn ~7% APR from validator staking — that gets baked into the basket NAV automatically. Wrapper layer applies a 5% deposit tax and a 5% withdraw tax — neither tax mints or keeps shares for the trader, so the assets stay in the treasury and existing holders' price-per-share rises. Creator (stacc) earns 20% performance + 20% management fees, paid in newly-minted shares. He's committed to burning every share he receives in-kind, on a Railway cron. Net mechanic: total supply only ever goes down, treasury value stays or grows, NAV-per-share monotonically increases. No exit liquidity outside the taxed redemption path. The token is structurally a wrapper LST whose backing yields from staking AND interaction friction, with creator-side share dilution offset by burning.\n\n--- ELI Vitalik ---\nSymmetry V3 vault with constituent set V = {LST_i : i ∈ [76]} drawn from a manager-controlled namespace |S| = 102 over the union of SPL Stake Pool (SPoo1Ku…) and Sanctum SPL fork (SP12tWFx…). Funded subset (treasury_lamports > 0): 23 SPL + 53 Sanctum = 76 active priced constituents. Unfunded subset |U| = 26: zero-supply zero-lamports stake pool state accounts retained under manager authority for namespace squatting and option-value on future deposits — non-contributing to NAV but non-trivial as a Sybil moat against re-rescue. Each LST_i is priced via on-chain `lamports_i / supply_i` from its stake pool state — deterministic, manipulation-resistant, no AMM dependency. Vault NAV(t) = Σ_i lst_price_i(t) · lst_balance_vault_i(t) / vault_supply(t). Fee mechanism constrained by program-enforced caps `Σ deposit ≤ 500 bps, Σ withdraw ≤ 500 bps, Σ perf ≤ 2000 bps, Σ mgmt ≤ 2000 bps`. Maximal extractive allocation: vaultDepositFeeBps=500, vaultWithdrawFeeBps=500, creatorPerformanceFeeBps=2000, creatorManagementFeeBps=2000, all others zero. Four orthogonal NAV-positive channels: (1) underlying validator yield via permissionless `updateStakePoolBalance` crank, (2) deposit-tax retention without share-mint dilution, (3) withdraw-tax retention with full proportional share burn, (4) creator perf/mgmt mints to creator fee ATA followed by Token::Burn ix on receipt. Supply trajectory: dS/dt < 0 almost surely (modulo new deposits, where Δsupply < Δassets/NAV). NAV trajectory: d(NAV)/dt ≥ 0 conditional on underlying stake-pool integrity. Adversarial dynamics: every counterparty action subsidizes every non-actor — exit costs entry, entry costs the next entry, holding costs nothing. Trust assumption on the burn channel reduces to verifiability of supply decrease post-creator-fee accrual; daemon guarantees ≤300s burn latency, and `getMint` lookups confirm post-hoc. Equivalent to a perpetual PT with negative-yield notional whose redemption value converges asymptotically toward `treasury / 1` — except the convergence is via principal contraction, not coupon accrual.\n\n--- Origin ---\nReceipt: https://x.com/STACCoverflow/status/2052635018699178034\nCreator: https://x.com/STACCoverflow\nCreator (web): https://unavatar.io/x/staccoverflow",
  "image": "https://unavatar.io/x/staccoverflow",
  "external_url": "https://x.com/STACCoverflow/status/2052635018699178034",
  "attributes": [
    { "trait_type": "Type", "value": "Symmetry V3 Vault" },
    { "trait_type": "Funded Constituents", "value": 76 },
    { "trait_type": "Empty Shells (Reserve Authority)", "value": 26 },
    { "trait_type": "Total Pools Under Authority", "value": 102 },
    { "trait_type": "SPL Stake Pools (owned / total)", "value": "43 of 229 (~19%)" },
    { "trait_type": "Sanctum Forks (owned / total)", "value": "59 of 1,536 (~4%)" },
    { "trait_type": "Network Share", "value": "~5.8% of all Solana LSTs" },
    { "trait_type": "Deposit Tax", "value": "5% (to all holders)" },
    { "trait_type": "Withdraw Tax", "value": "5% (to remaining holders)" },
    { "trait_type": "Performance Fee", "value": "20% (burned)" },
    { "trait_type": "Management Fee", "value": "20% APR (burned)" },
    { "trait_type": "Mechanism", "value": "Hyperdeflationary" },
    { "trait_type": "Supply Direction", "value": "Down only" },
    { "trait_type": "Creator", "value": "@STACCoverflow" },
    { "trait_type": "Receipt", "value": "https://x.com/STACCoverflow/status/2052635018699178034" }
  ],
  "properties": {
    "files": [
      { "uri": "https://unavatar.io/x/staccoverflow", "type": "image/png" }
    ],
    "category": "image"
  }
}