The pool pays the rent.
Every payment’s pool share and every $DEED trade’s tax land in one pool. Only its interest is spent, on every kept file’s rent, every year. Here is what it earns today and what that buys.
- Pool yield
- 4.62%
- Needs
- 3.00%
- Covered
- 1.54×
- Per GB, once
- $15.97
What it holds.
| Held as | Share | Yield, live | Venue holds |
|---|---|---|---|
USDClent on Kamino · api.kamino.finance | 80% | 4.56% | $133.3M |
JitoSOLSOL staked with Jito · kobe.mainnet.jito.network | 20% | 4.87% | $1091.0M |
| The pool | 100% | 4.62% | opens at launch |
Each file’s share is its rent ÷ (3.00% + 0.5%): sized so a 3.00% yield pays the rent forever while storage gets at least 0.5% cheaper a year. Year one’s rent is 3.50% of the share.
covered = yield ÷ 3.00% = 1.54×
Above 1×, the pool grows. Below 1× for long, it shrinks; the $DEED tax is the first top-up.
today’s yield 4.62%the floor 3.00%if it fell to 2.0%
2.00%
One gigabyte’s share, starting at $15.43. The rent it pays starts at $0.54 a year for three copies and falls 0.5% a year. At 2.00% it runs dry in year 51; the price is built for 3%.
If yields fell.
One gigabyte’s share is $15.43. Its rent starts at $0.54 a year for three copies and falls 0.5% a year. How long that share lasts at each yield, if the yield never recovered:
| Yield, every year | Covered | One gigabyte’s share lasts |
|---|---|---|
| 1.0% | 0.33× | 38 years |
| 1.5% | 0.50× | 43 years |
| 2.0% | 0.67× | 51 years |
| 2.5% | 0.83× | 66 years |
| 3.0% · the floor the price is built on | 1.00× | forever (past 500 years) |
| 3.5% | 1.17× | forever (past 500 years) |
| 4.0% | 1.33× | forever (past 500 years) |
| 5.0% | 1.67× | forever (past 500 years) |
| 6.0% | 2.00× | forever (past 500 years) |
What goes in, what goes out.
At launch this becomes a ledger read from chain: every payment’s pool share, every tax claim, every rent payment and repair. Before launch the pool holds nothing, and nothing here pretends otherwise.
In
- The pool share of every keep: $15.43 of every $15.97 per GB
- The 3% $DEED tax, less Meteora’s 20%: a $250k day puts $6,000 in
- The interest on all of it, compounding
Out
- Rent for every copy, renewed 30 days before its term ends
- Repairs: a new copy when a check fails
- The holder gigabyte for wallets with 1,000,000 $DEED