Tendies Docs

Tendies is a DeFi protocol on Solana that turns trading activity into real tokenized stocks. Hold the PERPTENDIE token and the treasury pays you tokenized OpenAI, Tesla, NVIDIA or SpaceX - your pick - every 30 minutes, straight to your wallet.

No brokerage account, no borders, no market hours - 24/7, self-custodied. Rewards are funded purely by a small trade tax, so there are no emissions and no inflation.

The whole loop is three steps:

1. 1
   Trade fee → treasury

   PERPTENDIE itself is untaxed. Its pool on stonkfun charges 1.25% per trade, of which 0.5% is routed to the treasury and the rest kept by the launchpad.
2. 2
   Treasury → stocks

   Every 30 minutes a keeper credits every holder pro-rata. Balances are sent out in tokenized stocks - not farm tokens - once they clear a small floor, so network fees never cost more than the payout itself.
3. 3
   Stocks → your wallet

   There is no claim button. You pick your payout stock by signing a message; the treasury swaps and sends automatically once your balance clears the floor. Or let it keep accruing and use it as perps margin.

Under the hood:the fee arrives in the token PERPTENDIE is paired against - OPENAI - so that is what the ledger counts until payout. Your balance is therefore held in OpenAI, not in dollars, and moves with it; the payout floor is converted from dollars at the live rate each epoch. If a stock's pool is ever unroutable, that group is paid in OPENAI instead of waiting.

Nobody can raise the fee after launch: the pool's rate is fixed by the launchpad when the pool is created, and the mint carries no transfer-fee extension for anyone to turn on later.

Two things happen on different clocks. Accrual is every 30 minutes: whatever fee arrived since the last epoch is split across every holder by their share of the supply, however small the stake. Payment waits until your accrued balance clears a floor.

The floor exists because Solana charges the treasury rent to open a token account for a holder who doesn't have one yet. Sending someone half a cent would cost the treasury far more than the payout is worth - so small balances keep accumulating until they are worth delivering. Nothing is lost while they wait: the ledger is durable, and an unpaid balance is still yours.

Payouts settle batch by batch. If the keeper dies mid-epoch, everything already confirmed is recorded and everything else is still owed - nobody is paid twice and nobody is skipped.

Tesla, NVIDIA and SpaceX are xStocks - Backed Finance's 1:1-collateralised equity tokens on Solana, tracking their Nasdaq-listed shares. OpenAI is a PreStocks token: it tracks shares held by an SPV in a private company, so there is no exchange price - it is priced by its on-chain pool - and OpenAI has publicly said it does not recognise such transfers. It is exposure, not a share. The OPENAI mint also carries a 0.5% token-level transfer fee set by PreStocks, so an OPENAI payout lands 0.5% lighter than the amount sent - that fee goes to PreStocks, not to us.

A perpetual-futures layer on the reward stocks, run by the same keeper that pays you. You post part of your accrued rewardsas margin - nothing leaves your wallet, nothing is deposited - go long or short with 1-10× leverage, and the position is marked against the keeper's published price every few minutes. Close whenever you like; whatever is left of the margin plus PnL goes back to your accrued balance and is paid out in stock like everything else.

The reserve is the other side of every trade: wins are paid from it, losses, liquidations and funding flow into it, and the limits above are fractions of it - so a win never comes out of another holder's accrued rewards. If a run of winners empties it, the last win is trimmed to what is there rather than taken from anyone else. Every mark is signed, so a settlement price can be checked against the treasury's public key. Perps go live together with the token - the terminal shows a preview until then, and the reserve needs a few epochs of fees before the first position can open.

Connect any Solana wallet - Phantom, Solflare or anything that injects the same provider. Nothing to add or switch: the terminal reads your balance straight off mainnet-beta.

Two moving parts run the whole thing:

• PERPTENDIE - the token. Fixed 1B supply, no transfer tax, no mint authority after launch - the mint is created by the launchpad, not by us.
• Distributor keeper- the treasury service. Every 30 minutes it snapshots holders from the mint, credits the new fee to its ledger, then swaps and sends to everyone whose balance cleared the floor. Your payout stock is set by signing a message in your wallet - free, and it can't be set by anyone but you.

Addresses you can audit

Reward stock tokens (verified on-chain)