HOOD DERBY
HOW IT WORKS five steps, no fine print
Each of the 999 pixel horses belongs to one of 90 stables โ and every stable is a real tokenized stock on Robinhood Chain: NVDA, GME, TSLA, AMCโฆ Small stables are rare and split winnings fewer ways.
Pay a small entry in $DERBY (about $5) and your horse runs in the next derby. Half of every entry burns ๐ฅ, half fills the prize pot.
At 9:30 am ET the bracket drops: entered stables meet in hourly duels, and the stock that gains more in the hour wins. Knockout until one champion stands at the close. Weekends race on the live on-chain stock-token market.
Every day 18% of the pot is released: 45% to the champion stable's horses, 17% to the runner-up, 4% to each semifinalist โ in $DERBY, straight to owners' wallets, automatically. Coming next: payouts in the stable's own stock token into each horse's vault.
The tote takes $DERBY bets on the day's champion stable. All bets form one pool; winners split it. Vig is 10% โ half burns, half feeds the pot. An unclaimed pool rolls over as jackpot.
The pot is funded by fees โ NFT royalties, $DERBY creator fees, tote vig and entries โ and pays out daily, forever. Races are settled from live market prices by an open settlement bot; every payout is verifiable on-chain.