# Pooled-Distribution Desk (THE BUTTON) > **Status: not yet operating.** THE BUTTON is built and has passed its > mainnet-fork rehearsal, but it is not deployed and the cabinet is dark. No > contract address exists yet. When one does it will be published on > [Official Channels](/official-channels) and nowhere else. **Participation is > restricted to persons 18 years of age or older.** Dollar figures on this > page are deployed parameters or worked examples, never a promise. THE BUTTON is a button that costs a dollar to press. Every memecoin on Robinhood Chain says some version of the same sentence: that it distributes equities to its holders. THE BUTTON is that sentence with everything else taken away. There is no product behind it, no utility, no roadmap, and nothing to hold but the fact that you pressed it. Half of every dollar buys NVIDIA stock and goes into a pot for the people who have pressed; half leaves for the fund's RWA Sleeve and does not come back. One press in two thousand empties the pot to everyone who has pressed. Then the machine stops working until the fund puts the next thousand dollars in. The joke only works because all of it is literally true and all of it is printed on the machine, which is the part the coins it is imitating never do. The consumer application speaks plain English by design. Its rules panel carries the whole description in six lines and links here. This page is the controlling description of the mechanics. ## The game * **One press costs $1.00 in USDG, all in.** There is no separate fee line and no surprise total. There is also no batching: one press is one transaction, because you have to actually click it. * **A press buys eligibility, not shares.** Your first press that settles puts you in the group, permanently. Every press after that costs the same dollar and changes nothing about your standing, because you are already in. It is one wallet, one seat, and the seat never resets or expires. Pressing is the only way in: there is no allowlist, no airdrop, and no way to buy a seat from anyone. * **The split.** 50c of every dollar goes into the pot. 50c goes to the NetNet RWA Sleeve as NVDA and does not return to the game. Both halves are bought as real NVIDIA stock tokens through Rialto. The split is immutable and neither side can be set to zero. * **The draw.** Each press independently draws **1 in 2,000** from a public randomness beacon. * **The payout.** On a hit, the presser who set it off takes **10% of the pot off the top**, and the remaining 90% divides **equally among every eligible wallet, including that same presser**. They are paid twice: the bonus, and their ordinary equal share. Nobody is excluded. * **Then the machine goes dark.** A hit empties the pot completely and disarms the button. Pressing reverts until the fund refills the pot. This is deliberate: the machine must never take a dollar from a player when there is nothing in the pot to win. * **Claiming is yours to do.** A payout is credited, not pushed. Every presser calls `claim` whenever they like, and an unclaimed balance never expires. ## Why pressing again is worth anything Because a second press buys no extra standing, it would otherwise be pointless, and the machine would stop after everyone had pressed once. It is not pointless for one reason: **every press is a fresh 1-in-2,000 draw for the 10% bonus.** That is the whole reason to keep pressing, and it is stated plainly rather than left for a player to work out. ## The economics, in full The parameters are chosen so the machine takes no cut over a round. | | | |---|---| | Press price | $1.00 | | Odds | 1 in 2,000 | | Fund's refill each round | $1,000 | | Expected presses per round | 2,000 | | Pot at the expected hit | about $2,000 | | Value of one share at the expected hit | about $1.00 | | The desk's own take | **zero** | Per round, players pay `P` dollars, the pot pays out `R + 0.5P`, and the Sleeve keeps `0.5P`. The desk's net is `0.5P − R`, which is zero when the expected number of presses equals twice the refill. At a $1,000 refill that fixes the odds at 1 in 2,000, and the relationship is asserted when the contract is deployed: a change to either number that breaks it makes the deployment fail rather than quietly introduce a rake. Two things follow that are worth saying out loud. **The pot's per-share value falls as people press.** It starts high, because the fund's $1,000 is in there before anyone has pressed, and it declines through roughly $1.00 at the point the hit is expected. Pressing earlier in a round buys a larger share of the standing pot than pressing later. **Seats are permanent, so an early presser collects from later rounds too.** The totals reconcile exactly, because everything the fund puts in is paid out. But within that, someone who joined in the first round is paid partly by people who join in the tenth. This is inherent to the design, it is the sharpest part of what the machine is imitating, and it is disclosed here rather than discovered. ## No promise about how long it runs The machine makes **no commitment to a number of rounds.** There is no pledge to fund some quantity of them, no countdown, and nothing that should be read as a guarantee of future pots. A player is told what the current pot holds and what a press costs. Nothing beyond the current round is promised, so nothing is owed if the fund stops refilling. ## Every leg is NVDA The pot is denominated in NVIDIA stock tokens, not dollars. That is what keeps the machine solvent through a price move: what it owes and what it holds are the same unit, so a fall in NVDA cannot leave it short. Presses arrive as USDG and are converted to NVDA by an automated duty that runs every five minutes, around the clock. **A hit distributes converted NVDA only.** Dollars taken in but not yet converted are not in the pot, and the application shows the same number the machine would actually pay, never a larger one that includes money still in flight. The conversion runs through market hours and outside them, so a hit at the weekend still pays out a pot that includes the weekend's presses. ## Randomness, and how to check it The outcome of every press is decided by **drand quicknet**, a public randomness beacon operated by a distributed league of independent organisations. A press names a specific future round of that beacon at the moment it is placed, at least fifteen seconds ahead, so no one can press on a result that already exists. When that round publishes, its signature is verified on chain by the network's own pairing arithmetic before anything is paid. The draw is then a published function of that signature and the press's own identifier. Anyone can fetch the round from a public drand mirror, recompute the draw, and check the result against the chain. Nothing about the outcome lives with the fund, and the fund cannot influence it. If a named round never publishes, the press can be reclaimed in full by the person who made it, and by nobody else. ## Fairness, stated per actor * **The fund cannot change an outcome.** There is no owner function on the draw, the payout, or the odds. * **The fund cannot take the pot.** There is no withdrawal path from the pot for anyone, including the Manager. Money leaves the pot only by being won. * **The fund cannot stop you claiming.** The halt control stops new presses only. Settlement, reclaiming a stalled press, and claiming a payout can never be halted. * **Nobody is excluded from a payout**, including whoever set it off. * **A seat cannot be taken away.** Once your press has settled you are in the group, and no path revokes, expires, or resets that. ## The Button Presser card Your first settled press mints a **Button Presser** card, an ERC-721 rendered entirely on chain. It carries one thing: which presser you are. It is stamped once with that number and never changes. The card is **tradeable, and it does not carry eligibility.** Membership lives in the desk, keyed by your wallet, and does not move when the card moves. If you sell your card you are still in the group; if you buy one you are not. Anyone listing or buying a card should understand that they are buying a badge, not a seat. ## What the desk can never do * Take a dollar while the pot is empty. * Pay out more than the pot holds. * Reduce, expire, or reset anybody's seat. * Route the pot's half of a dollar anywhere but the pot. * Change the press price, the odds, the split, or the 10% bonus. All four are fixed when the contract is deployed and there is no function to alter them. ## Parameters | Parameter | Value | Changeable | |---|---|---| | Press price | $1.00 USDG | No | | Odds of a hit | 1 in 2,000 | No | | Pot share of each dollar | 50% | No | | Sleeve share of each dollar | 50% | No | | Bonus to the presser who hits | 10% of the pot | No | | Refill each round | $1,000 of NVDA | Set by the fund each round | | Beacon delay before a press can resolve | 15 seconds | No | | Conversion duty cadence | every 5 minutes, 24/7 | Operational | | New presses halted | — | Team multisig, logged | ## Risk factors Read the fund's [Risk Factors](/risks) in full. The ones specific to this desk: * **You will probably lose your dollar.** The odds of any single press setting off a payout are 1 in 2,000. Most presses do nothing, which is what the application says when they do. * **Half of every dollar leaves the game immediately** and is not recoverable by any player under any circumstances. * **Pressing later in a round buys a smaller share of the standing pot** than pressing earlier, and later rounds pay a joiner less than earlier ones did, because seats are permanent. * **The fund may stop refilling at any time**, with no notice and no obligation to continue. Nothing beyond the current round is promised. * **The pot is held in NVIDIA stock tokens**, so its dollar value moves with NVDA and can fall between the moment you press and the moment a payout lands. * **The pot divides by head, not by stake**, so somebody willing to press from a large number of separate wallets can take a larger share of a payout than their spending alone would suggest. * This is a game. It is not an investment, not a security, and not a claim on the fund or on anything the fund holds. Not investment advice.