💰Spoils

Spoils Pool (Dynamic, Buyback-Powered)

ALL NUMBERS SUBJECT TO CHANGE WITHOUT NOTICE.

Each Season, ~50-75% of fees are routed into JEST buybacks. From those buybacks ~70-90% is distributed to the court as Spoils. The remaining % of buybacks is reserved by JESTER for strategic liquidity adds, deployed at opportune times (e.g. market lows, liquidity strengthening). Or for OTC buybacks.

Ceiling (5%)

No subject may claim more than 5% of the Spoils Pool in any given Season. If a courtier’s Favour would entitle them to more, their share is capped at 5%, and the excess is redistributed among the rest.

We are exploring the convertion of a ceiling into a bonding curve. So that larger holders are not dissuaded from holding >20,000 $JEST.

Dev’s Note: The ceiling widens distribution and prevents whales from consuming the pool. At 5%, whales are still rewarded but cannot overshadow the community. Whales continue to win most through token appreciation from buybacks, while Spoils keep smaller tiers engaged and sticky.

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Worked Example

Trixie trades $500,000 → 5,000 Favour.

Premium multiplier (x1.6) → 8,000 Favour.

Referrals (10 users) → 1,000 × 1.6 = 1,600 Favour.

Premium stipends (all 4 snapshots) → 1,600 Favour.

Total: 11,200 Favour.

If total Favour = 120,000 → Alice = 9.3% share.

With 5% Ceiling → capped at $17,250 from a $345k Spoils Pool.

Simulation Snapshot (Season Example)

100 Peasants (10k vol): ~$283 each, ~$28k total.

50 Squires (50k vol): ~$2,928 each, ~$146k total.

10 Knights (200k vol): ~$13,580 each, ~$136k total.

2 Dukes (1m vol): capped at $17,250 each, ~$34.5k total.

Dev’s Note: The 5% ceiling redistributes whale excess into Basics and Premiums. This keeps whales motivated (bag pumps) but ensures Spoils reward the wider court. Basics and Premiums form the “power middle,” while Brokies remain relevant with meaningful collective gains.