The MINOS PASS
Own a share of the court's take
The MINOS PASS is how the earliest people here get paid like partners instead of audience. The math lives on this one page, in the open, and it matches the contracts. If we collect a fee, pass holders get their cut of it. If we collect nothing, the pass pays nothing. That is the whole deal, and we think it reads fine without decoration.
Why 707? In the old story, Athens sent seven youths and seven maidens into the labyrinth. Seven, zero, seven. We liked the number, so the supply is 707 and it never grows.
MINOS PASS · Founder edition — the 707 genesis card.
Mint status
Pass Nº 001 shown. On testnet, the full run of 707 mints in one batch, all at once, before the first revenue epoch starts, so the payout machinery gets tested at full size. Nobody mints early, nobody mints late, and the drip cannot be gamed by mint order. The mainnet mint is a separate plan, announced on its own when it is ready.
Three benefits, printed once
Other passes on this chain split a thinner slice across ten times as many wallets, and the percentage changes depending on which of their pages you read. Ours is one set of numbers. Here they are.
- 35%
of platform revenue goes to pass holders
Every trade on Minos pays a fee, and half of that fee is platform revenue. After referral payouts, 35% of what the platform actually collected is set aside in the pass pool. Not 35% of a projection. Of what came in.
- 0.75%
your trade fee, instead of 1%
The platform half of your fee is cut in half when you hold a pass. A trade that costs everyone else 1% costs you 0.75%, on every token, every time.
- 20%
referral share, double the standard rate
Traders who arrive through your link earn you 20% of the platform fee on their trades. The standard rate is 10%. It is paid only out of fees that actually come in, and referring your own wallets does not count.
- 707
passes, and that is all there will ever be
The cap is written into the contract. No second run, no expansion mint, no edition two. A small, fixed supply is what keeps each pass's slice of the pool worth having.
The arithmetic, on a slow month
Say traders pay 2,000 HYPE in total fees over a month. The platform's half is 1,000 HYPE. After referral payouts, say all of it stays: 35% of that is 350 HYPE for the pass pool.
Split 350 HYPE across all 707 passes, each held the whole month, and each pass is owed about half a HYPE for that month. A busier month pays more. A dead month pays close to nothing. We would rather print this arithmetic than a shiny yield number that quietly assumes the busy month never ends.
How the money reaches you
Selling your pass? Everything it built up until the sale stays yours, settled at the transfer. The buyer starts from that moment. No snapshot games, no last-day buying spree, and no team-run payout bot that can forget to show up. The contract does the paying.
The awkward ones, answered
So is this an investment?
It is a share of fees we actually collect, and nothing more. If trading is busy, the pool fills. If nobody trades, it pays nothing, and no promise on this page changes that. We do not quote a yield, we will not quote one at the mint either, and you should treat anyone who quotes you one as a stranger. Buy it because you plan to trade and refer here and the fee math works for you. That is the honest reason.
How do I get one?
On testnet, the whole supply of 707 mints in a single batch, so the full payout machinery can be tested at real scale. The mainnet mint plan is a separate decision, and it gets published in full before that mint opens: who can mint, when, and on what terms, in one post with a date on it. Until that post exists, there is no way in, and that is deliberate. Nobody can sell you a spot, a code or a guarantee in the meantime, so please do not pay anyone who offers.
Can I sell my pass later?
Yes, it is a normal transferable NFT after mint. When it changes hands, the revenue it built up until that moment settles to the seller, and the buyer starts earning from the transfer onward. The 0.75% trade fee and the 20% referral rate travel with the pass itself.
Why 35%? That is higher than other passes.
Because a pass spread too thin is a points card with better art. A hard cap of 707, on a chain where rival passes run into the thousands of holders or change their own percentage from page to page, keeps the share per pass real even in a slow month. We would rather have holders who feel like partners than a crowd that feels farmed. The platform keeps the other 65% to run and grow the place, which is what makes the 35% worth anything in the first place.
Will there ever be more passes?
No. The cap stays 707 forever, written into the contract. There is no second collection, no surprise supply, and no edition two. If it is not one of the 707, it is not a MINOS PASS.
Who pays me, a bot or the contract?
The contract. Revenue is accounted per pass inside the contract as epochs vest, and claiming is a transaction you make yourself. Some platforms run a team bot that sweeps payouts once a day, which works right up until the day it does not. We did not want your money depending on our bot remembering.