There is nothing between the trade and the payout. No treasury, no cycles, no claim button. Here is the full path a dividend takes.
Every buy and sell of The Fund's token carries a tax. That tax is the only source of dividends. There are no emissions, no inflation and no printing of more $bFUND.
The entire tax is routed into buying the lineup the moment it's collected. The dividend fee is fixed at 0 bps and the protocol takes nothing on the way through.
The pool is converted into The Fund's lineup of tokenized stocks: bStocks like NVDAB and TSLAB, and Ondo tokenized stocks like AAPLon and SPYon.
Every wallet holding at least 10,000 $bFUND receives its pro-rata share automatically, as it happens. Nothing to claim and nothing to sign. The stocks arrive in the wallet where your $bFUND already sits.
That's the entire requirement. Cross the minimum and every dividend from that moment on includes you, pro-rata to your balance.
| Legacy fund | The Fund |
|---|---|
| Charges a management fee to hold assets for you | Buys the holdings for you: 100% of tax, 0 bps fee |
| Quarterly statements, T+2 settlement | Instant on-chain dividends |
| Custodian holds the assets | Stocks land in your own wallet |
| Opaque holdings & fees | Every dividend is a verifiable transaction |
| Gatekept access & minimums in dollars | One rule: hold 10,000 $bFUND |
Launched to Flap.sh. Details will be published here at launch.
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