HoodBrokers
HoodBrokers turns every NFT into the controller of a dedicated on-chain portfolio account. The Broker can move, and the account and its assets move with it.
The core idea
A conventional NFT points to metadata. A HoodBrokers NFT also controls a deterministic ERC-6551 account. That account can hold hStocks and other compatible tokens, so the portfolio becomes part of the transferable asset rather than something parked beside it.
The current owner of the Broker is the current controller of its account. Selling or transferring the NFT changes control without moving each portfolio token separately, and without the account needing to know a sale happened at all.
The account has no key of its own and no admin. Authority is read live from
ownerOf(tokenId) at the moment of the call, which is why control transfers
atomically with the token.
Protocol surfaces
Follow a Broker from mint through licensing, distributions, market trading and credit.
Understand how ERC-721 ownership controls an ERC-6551 portfolio account.
Learn the fixed-price inventory model and why a specific Broker can matter.
Review the modules, their boundaries and the published addresses.
A compact mental model
- A user mints or buys a Broker.
- The Broker controls a deterministic Broker Account.
- hStock positions are held by that account.
- A license increases the Broker's distribution weight.
- Credit can be drawn against the Broker without unwinding the portfolio.
- The whole package can trade through the Broker Market.
Weights and fees
| Tier | Price | Weight | Credit limit |
|---|---|---|---|
| Unlicensed | included | 1x | 0.05 ETH |
| Series A | 0.05 ETH | 3x | 0.15 ETH |
| Series B | 0.20 ETH | 8x | 0.50 ETH |
| Principal | 0.75 ETH | 20x | 1.50 ETH |
License prices are cumulative: stepping from Series A to Principal costs the difference. Revenue reaching the Distributor comes from three places, all of them on-chain activity rather than emissions.
| Source | Rate | Paid by |
|---|---|---|
| Broker Market sales | 2.5% | the buyer's payment, before the seller is paid |
| StockDesk fills | 1.0% | each hStock buy and redemption |
| Credit interest | 20% of interest | borrowers, on repayment or liquidation |
Mint proceeds and license fees go to the treasury, not the Distributor. Nothing in the protocol mints a reward token.