backroomRaise
off the
chart.
Backroom is an OTC desk built on NFTs. A project mints its supply or its creator fees as an OTC NFT, then sells it to backers in one atomic swap. Allocation NFTs vest on-chain, fee NFTs pay real yield in tokenized stocks, and nothing is sold into the pool.
The creator mints the coin's creator fees as an NFT. Every trade on the coin pays its vault, and the vault streams real yield in tokenized stock to whoever holds the NFT.
- custody
- fee NFT vault
- counterparty
- verified creator
- settlement
- real yield, every trade
- lockup
- fee split, permanent
- chart impact
- none
Trades show up here the second Backroom goes live.
Raise with OTC NFTs.
Mint what you're selling as an OTC NFT and sell the NFT. Both kinds live in one contract on Robinhood Chain, settle in one atomic swap, and never sell a token into your pool.
Mint your creator fees.
Every Karat pool pays its creator a cut of every trade, in the stock it pairs against: TSLA, NVDA, SPY. Launch through Backroom and that cut lands in a Backroom vault, forever. Mint any share of it as a fee NFT. Whoever holds the NFT earns real yield in tokenized stock on every trade. Sell 100% of it and you've exited the fee stream.
Mint your supply.
Lock part of your supply in a vault and mint it as allocation NFTs, with a cliff and vesting if you want them. The vesting follows the NFT, so backers can buy, hold, claim or resell it before it unlocks. That's liquid vesting.
The deal happens off the chart.
On Backroom now.
Backroom opens on Robinhood Chain soon.
Mint an OTC NFTCreator fees, paid out as real yield.
A creator raises ETH now from fees the coin already earns by selling them as an NFT, and keeps earning on whatever they don't sell. Holders get real yield in tokenized stock for as long as the coin trades. Karat has no function to change a pool's creator, so nobody can switch the fees away. Not even us.
Backroom launches the coin on Karat with a vault as its creator. Karat pays the creator's cut of every trade to that vault, permanently.
Wrap any share of the fees into an NFT, from 0.0001% up to everything you hold. It shows up in your wallet like any other NFT.
The NFT earns its share of every fee, paid in the pool's stock to whoever holds it. 1% of the fees is 1% of every trade's creator cut.
List it on Backroom and it sells in one atomic swap, with the income going to the buyer from then on. Or unwrap it back into shares any time.
Follow one allocation.
From its team wallet the project picks an amount of its token and a vesting schedule, and mints it as an NFT. It can list it for ETH in the same step.
They move into the Backroom contract, tied to the NFT. Non-custodial: only the contract moves them, and only to whoever holds the NFT.
The wallet is compared with the token itself: its Karat creator, the creator behind its Backroom vault, its owner. A match makes it a Team wallet deal. Anyone else's offer says Holder.
A backer buys the NFT. Their ETH reaches the team and the NFT reaches the backer in the same transaction, or nothing moves at all.
Tokens unlock to whoever holds the NFT. The backer claims as they vest, or sells the NFT mid-schedule and the buyer picks up where they left off.
Works with any Robinhood Chain token.
Allocation NFTs and buybacks take any standard ERC-20, which covers every Karat coin. The contract checks the exact amount that arrives on every deposit, and refuses tokens that would leave the escrow short. Fee NFTs are for coins launched through Backroom, since they run on Karat's creator fee.
Liquid vesting.
An allocation NFT's tokens stay in the contract: nothing before the cliff, then linear unlocks every second to whoever holds the NFT. Sell it mid-schedule and the vesting goes with it.
Drag through the schedule, then try to take the tokens out.
100% real yield to stakers.
Sellers pay 1% of the ETH on every OTC deal and every fee-share sale, as little as 0.25% with $BACKROOM staked. 100% of protocol revenue lands in the staking contract and is paid out in ETH to everyone staking $BACKROOM, pro rata. Real yield, no token emissions.
An OTC deal, a buyback fill or a fee-share sale. The seller's fee, 1% of the ETH, is taken in the same transaction.
All protocol revenue lands in one staking contract. No team wallet in between.
Real yield in ETH, pro rata by stake. Claim whenever you like.
A stake a day old cuts a seller's fee to 0.75%, 0.5% or 0.25%, by size.
Open by default.
Every NFT, listing, vault and stake is a public read on the Backroom contract. Pipe a coin's fee shares or a project's OTC deals into your own site, alert holders when the team lists, or track every fill as it settles.
// every fee and allocation NFT float.nextTokenId() float.kindOf(id) float.ownerOf(id) float.listings(id) float.allocation(id) float.claimable(id) // every coin selling fee shares, with its vault and lifetime fees float.coinCount() float.coin(coinId) float.feeNftEarned(id) // team check, the same one the market badge uses float.isTeam(token, wallet)
