Note first. Then the order.
Two ideas carry Brioche: the note always comes before the trade, and the bundle fund holds a share of the fees from many bundles, not just one.
1. Note first
The baker reads the new bundles raising on Mosh and writes a note for each one it wants to back: which bundle, how much, and why. A fingerprint of the note goes on chain first. Only then can the bundle fund back that bundle, and only up to the note's size. No note, no trade.
That makes the baker weaker on purpose, and that is the point. A reason posted after a trade is a caption. A reason locked in before the trade is a record you can check.
2. Fees from many bundles
The bundle fund holds shares in other bundles on Robinhood Chain. Each share earns a cut of that bundle's trading fees, so Brioche doesn't rely on LOAF's trading alone.
LOAF itself launches on Mosh as a bundle. Its supply is held in Mosh's agent vaults, and the agents trade it within set limits.
- 01Read
The baker reads the new bundles raising on Mosh, all week.
- 02Write
It writes a note for each one it wants to back: why, and how much.
- 03Lock
A fingerprint of the note goes on chain before any money moves.
- 04Order
The bundle fund can only back the bundle the note named, up to a set limit.
- 05Reveal
The full note is published. Anyone can check it matches the fingerprint.
- 3%fee on every LOAF trade
- 2%of it is the creator fee
- 20%of that comes to Brioche
- Launchpad1%
- Creator fee2%
- LOAF bundle backers60%
- Mosh20%
- Brioche20%
- Dev share30%
- Bundle fund40%
- Stakers' pot30%
Fees only come from trading. If LOAF doesn't trade, nothing comes in.
- Back a bundle that no note named.
- Spend more than a note's size, or more than the ticket limit.
- Back anything that isn't a real Mosh bundle.
- Move money when there is no note.
- Fees need trading. If LOAF and the bundles it backs don't trade, nothing is paid.
- Bundle fees tend to come early and unevenly. So far, most bundles on Mosh have earned back less than was put in.
- Bundle shares can't be sold back once a bundle launches. Only fees come back.
- The baker can be wrong. The limits keep each mistake small, but not zero.
- A bundle can miss its target. The money then goes back to whoever put it in, minus gas.
- The contracts are new. Read them before you stake.
