How it works

A key is access to a person. Buying one puts you on their holder list and, once chat ships, into their private room. Keys are minted when bought and burned when sold — there is no order book and no counterparty to find.

Keys are non-transferable. You cannot send one to another wallet; the only way in or out is the curve. That keeps the holder list honest and stops keys being laundered through side deals.

The first key of a market can only be bought by its owner. That is what “opening” a market means, and it stops anyone from squatting someone else’s profile before they arrive.

Price is a function of how many keys already exist: price = supply² ÷ 16000 ETH. Buying the nth key costs more than the (n−1)th, so early holders are always in front. This is friend.tech’s original curve with its original divisor.

The divisor is immutable — nobody, including us, can steepen or flatten the curve after launch.

Trading costs 1%, charged on both buys and sells. It splits the instant it is earned — there is no pot that anyone has to remember to distribute:

• Creator 35.0% paid to the profile owner
• Stock rewards 35.0% buys tokenized stock for key holders
• Protocol treasury 20.0%
• Referrer 10.0% falls back to the protocol when unreferred

Creator fees are pull payments: they sit in the contract until you claim them. Pushing ETH on every trade would let a hostile subject brick their own market by refusing the transfer.

35% of every fee goes to a reward pool for key holders. It accrues in ETH and converts to tokenized stock at claim time — you pick the ticker. The protocol never holds stock inventory, and there is no daily batch a keeper has to run.

Your share is weighted by the ETH you have put into keys, not how many keys you hold. That distinction matters: someone spreading 50 cheap keys across ten throwaway profiles earns far less than someone with a real position, because cheap keys carry little cost basis.

Fees are indexed against standing weight the moment they are generated, so there is no snapshot to front-run and no payout window to time. Depositing right before a distribution earns nothing extra, because there is no distribution event to aim at.

• NVDA tokenized
• AAPL tokenized
• SPY tokenized

Share your referral link. When someone arrives through it, their first trade binds them to you permanently — you earn 10% of the fee on everything they ever trade. A trader with no referrer sends that share to the protocol instead.

Invite links are generated from your profile once sign-in is live.

Keycel sits at the centre of the protocol. Trading revenue and the protocol treasury both route half of their take into a buy & burn, creating continuous buy pressure, while holding it lowers your trading fee automatically based on your wallet balance.

Tokenomics & fee tiers

The protocol runs on Robinhood Chain (chain ID 4663), an Arbitrum Orbit chain where gas is cheap enough that claiming rewards per user is practical.

• 4663 chain id
• Arbitrum Orbit stack
• On-chain settlement

Connect Wallet and a wallet is created for you automatically — no extension, no seed phrase. It is a real wallet: you can deposit into it, withdraw out of it, and view it on the block explorer from your profile.

Connect Wallet