A seat when it fills. A say in what it sells.

Every week the vaults sell one covered call in an open on-chain auction, and the space around that sale is capped by design. Staking the HoodStash token holds your place when the book and the vaults fill, and gives you a vote on what they sell next.

Your bid keeps its seat

The weekly auction book holds 512 bids. When it fills, the lowest bid gets pushed out. A staked bid holds its slot and wins allocation ties. Every winner still pays the same clearing price. The stake decides who stays in the book, never what anyone pays.

First in when the vault fills

Launch vaults are capped on purpose. When space runs out, a reserved slice of the cap fills stakers first. Same terms, same share price, same fees as everyone else. Priority decides who gets space, not what the space costs. Whatever stakers leave unfilled opens to everyone at the end of the epoch.

A say in what the vaults sell

Stakers vote on the two levers that matter: how far above the stock's price the vaults set the weekly strike, and which stocks get a vault next. Every change waits out a public 48 hour timelock before it touches anything. The safety rails are not up for a vote.

Priority, not promises

Straight talk. The fee share is whatever the vaults actually earned that week, settled in USDG, and it can be zero. Your stake is never slashed: the insurance pool is USDG only, and it can never take your tokens. And nothing here is a gate. Deposits and bids stay open to everyone, with or without the token. Priority is a bonus on open rails, never a requirement.

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