Employee handbook

holding is the job. keep $UPUPUP in a wallet and you are on payroll.

nobody clicks anything. there is no claim step, no staking and no sign-up. at every run the payroll contract pushes NVDAx3L straight to each holding wallet.

the paycheck is NVDAx3L, a 3x leveraged NVDA token. it arrives in your wallet like any other transfer.

every pay period runs the same six steps. each one is a transaction on robinhood chain 4663.

1. 01Tradesomeone trades $UPUPUP on pons.
2. 02Pay-inpons pays the payroll contract: from the curve before it graduates at 4.2 ETH, from the uniswap v4 pool after.
3. 03Convertthe keeper converts it into NVDAx3L, through the pool when the price is fair, otherwise by minting at the vault's NAV.
4. 04Snapshota snapshot of every holder is taken.
5. 05PushNVDAx3L is pushed to every eligible wallet, pro-rata to holding.
6. 06Printthe run prints on the payroll register with its transaction.

the next trade on pons funds the next run. every run so far is on the payroll register.

the payroll contract keeps a minimum holding. this browser reads it from the contract every time the page opens.

a wallet below the minimum is skipped for that period. it is never charged and nothing leaves it. hold the minimum at the next snapshot and it is back on payroll.

pay is pro-rata to holding: twice the holding, twice the NVDAx3L. a wallet that sells between the snapshot and the push is paid on the smaller of the two balances.

some balances are not employees. the pons curve, the pool, the payroll contract itself and the burn address are excluded, so they never take a share of a run.

NVDAx3L is a 3x leveraged NVDA token issued by LongX. it carries 3x daily leverage on NVDA: each day it moves three times as far as NVDA, up or down.

it loses value in choppy markets. a string of up and down days can leave it lower even when NVDA ends where it started.

it is not NVDA stock.

the NVDAx3L vault has a cap. a full vault holds a run: the register stamps the hold, and the pay waits in the payroll contract until the vault has room.

NVDAx3L already pushed belongs to the holder. the payroll contract has no path to take it back.

read NVDAx3L on the explorer

an earnings code is an asset payroll can pay in. code 01, 3X NVDA, is on payroll: every run pays NVDAx3L.

codes 02 to 10 are on file. a code on file pays nothing.

the payroll contract pays one reward token at a time. any change is posted on chain 48 hours before it takes effect, so every holder can read it before it lands.

the statement carries a pink carbonless employee copy. present a wallet and it reprints your own stubs: every NVDAx3L deposit to that wallet, read from the chain, each with its transaction.

print it as an image to post. it carries only deposits that happened.

presenting a wallet only reads it. payroll never needs a signature to pay you.

on the statement, H presents a wallet and P prints your copy.

open your employee copy

plain terms. read them before you hold.

• Unaudited venue

  pons v2 is unaudited. three audits are in progress.

• Leverage

  NVDAx3L moves three times as far as NVDA each day, both ways, and loses value in choppy markets.

• Vault cap

  the NVDAx3L vault has a cap. a full vault holds a run until it has room.

• Keeper

  a keeper runs payroll, and the payroll contract can be paused. if either stops, runs wait. nothing already pushed is touched.

• Smart contracts

  smart contracts can fail. these are smart contracts.

• Your call

  what you hold is your call. this handbook describes; it does not recommend.

nothing in this handbook or on the statement is advice. it describes contracts; it does not tell you what to do with them.

every figure on the statement is read from robinhood chain 4663 by your own browser.

this handbook describes the contracts as deployed. if the handbook and the contracts ever disagree, the contracts are right.