How the building works

FLOORED is an entertainment building on Robinhood Chain (chain id 4663). Every machine inside pays in tokenized equities rather than in a token the house mints, and every machine carries a dial that decides how much of a losing stake still comes back to you as shares.

There is no reserve token, no rebase and no emission schedule. The business is a house edge on wagered volume. That edge works identically on day one and on day nine hundred, which is the entire reason the design was chosen.

For players 18 and over. Every machine carries a 5% house edge — over enough plays the expected outcome is a loss. This product is never described as loss-free, because it is not.

Before every wager you set a floor, written f, between 0 and 50 percent. The floor is the fraction of your stake that becomes shares whether the machine likes you or not.

W = 1.90 − f      (what a win pays, as a multiple of stake)

The dial does not change the house edge. It changes the shape of the risk. Every setting returns exactly 95 percent.

f = 0.00 → 0.5(1.90) + 0.5(0.00) = 0.95
f = 0.50 → 0.5(1.40) + 0.5(0.50) = 0.95

On a machine where you choose the target multiple T instead of a fixed payout, the dial moves the win probability rather than the payout.

p = (0.95 − f) / (T − f)

T = 2.00 at f = 0 gives 47.5 percent. The same target at f = 0.30 gives 38.2 percent. You pay for the floor with probability, never with edge.

Results are recorded as share counts, priced from a reference feed at the instant of settlement. Once written, a share count never moves again — only its dollar value does.

• Deposit is on chain. USDG in.
• Play settles off chain, but every result comes from a pre-committed seed chain you can verify yourself.
• Deliver is on chain. One transaction, real tokenized equity tokens into your own wallet, free.
• Cash out sells the book back at the reference price and pays in USDG. Free, with no exit toll.

Your shares are credited the second you play. Deliver them to your wallet any time, free. Until delivery they are a claim — and what backs that claim is the House Book, which is public.

Books are held off chain until delivery for one reason: buying a fraction of a tokenized equity on every single bet costs a swap, a route and a network fee. On a two dollar flip those costs exceed the entire edge, which would make the product unprofitable exactly where new players start.

One published wallet address holds the same basket of tokenized equities that every player Book is denominated in. Anyone can open the explorer and count it — no account, no wallet, no permission.

Max single bet

0.5% of House Book value, enforced at wager time

Auto-halt

coverage below 5.0×; new bets stop, existing books stay deliverable

Rake split

keyed to the coverage ratio, not to anyone's judgement

All three are formulas. The max bet rises on its own as the house grows, so no single player can drain it and no operator has to remember to raise a limit.

Revenue enters through exactly one opening: the 5 percent house edge on wagered volume. There is no transfer tax, no emission, no subscription and no listing fee. If nobody plays, the house makes nothing.

Early on, bankroll matters more than burn — a thin house means a small max bet, and a small max bet is a boring building. Once coverage clears ten times, the machine shifts its own weight toward burn. The ratio is public, so the active split is public.

• Deposits are held and never counted as income.
• Delivery is free.
• Cash out is free, with no exit toll.
• Withdrawals are free; the network fee is covered above twenty five dollars.

The token buys a cheaper toll and better-looking furniture. It does not buy luck. Return to player is 95 percent for every player, holder or not, permanently.

Toll discount

pay the house toll in $FLOOR and the edge drops from 5.0% to 3.5%; the tokens are burned

Floor Pass

holders unlock a wider dial, 0–60% instead of 0–50%

Cosmetics

cabinet skins, certificate borders, standings name plates — 100% burned

Rent Draw

a weekly slice of rake paid in $FLOOR, weighted by plays rather than by amount wagered

The Floor Pass is worth stating precisely because it looks like a holder advantage and is not one. Since W = 1.90 − f returns exactly 95 percent at every value of f, a wider dial changes the shape of a holder's risk and never its price.

• Never buys better odds.
• No staking rate, no rebase, no daily emission.
• No claim on revenue, assets or the House Book.
• No option letting the team re-mint back to a fixed share of supply at a fixed strike.

A seed chain is generated in advance and only its terminal hash is published. Every play consumes one link.

roll = HMAC-SHA256(server_seed, client_seed:nonce)

• The chain rotates every 24 hours or 10,000 plays.
• On rotation the previous chain is revealed in full, so anyone can walk it back to the old commitment.
• You control the client seed and may change it at any time, which makes pre-selection impossible.
• The verify page recomputes the hash and the roll in your browser. No server call is part of the check.

Machines whose outcome comes from the seed chain are open 24 hours, 365 days. The reference price is used only to convert a result into a share count.

When the reference market is closed, the last valid close is frozen and used for conversion, and a banner says so. Nothing reverts and nothing stalls. Your share count does not move — only its dollar value does.

Machines driven by live ticks run during reference-market hours only, and are gated clearly in the interface.

Read this as carefully as you read the payout table.

House edge

5% on every machine. Over enough plays the expected outcome is a loss.

Share price risk

the floor returns shares, not dollars. Share counts are fixed at settlement; their value is not, and shares can fall.

Venue access

access to the tokenized-equity route is the critical path. Without it, payouts settle in USDG until it clears.

Jurisdiction

real-money play is restricted by region and is offered only where local law permits.

Cold start

the house needs bankroll before rake compounds. The max bet stays small until it does.

Off-chain books

shares are a claim until delivered. The public House Book and free instant delivery are the answer.

Third-party issuers

tokenized equities carry their own counterparty, liquidity and redemption risks, entirely outside our control.

Never wager money you cannot afford to lose entirely.