$BID · HyperEVM · Illustrative figures, not yet deployed
BidBid Capital Management — Stake
Staked shares receive the epoch distribution at a reward rate fixed at deployment. sBID rebases three times a day; gBID holds its balance still and lets the index carry the growth instead.
- Epoch
- 881
- Next distribution
Stake · BID → sBID
Deposit BID and receive sBID one for one. The sBID balance rebases at the close of every epoch, three times a day.
Reading illustrative figures
Addresses are configured but the data source is still the model, so the balances above are not read from the chain. Signing against real contracts while reading modelled balances would show you one number and send another.
Your position
Connect a wallet held by this browser to read your balances. Connecting proposes no transaction and sends nothing anywhere other than the configured endpoint.
The rate
Annualised
2,411%
Share count, not value
Reward rate
0.2948%
Per epoch, fixed at deployment
Index
13.3747
sBID per gBID
Runway
70d
At this rate, liquid only
Warm-up
3
Epochs before a new stake counts
The annualised figure is the per-epoch reward rate compounded 3 times a day. It describes how fast the share count grows, not what a position is worth. At this rate the supply grows by more than an order of magnitude across a year, and unless the treasury grows with it, backing per share falls throughout. Set out in full in the prospectus.
The range
- Lower wall$12.76-18.00% from average
- Lower cushion$14.40-7.50% from average
- Average, 30d$15.56Reference level
- Upper cushion$16.737.50% from average
- Upper wall$18.3718.00% from average
Inside the range · market $16.05 · wall spread 18.00% · cushion spread 7.50%
$1.14M
79.7% of $1.43M remaining
101,340 BID
95.6% of 105,967 BID remaining
The treasury defends a channel around a 30-day average of the market price. At either wall it swaps instantly at a fixed price, until that side’s capacity is spent and it stops quoting altogether. Treasury market value is $12.7M, of which $9.54M is liquid.
The lower wall is not a floor. It is a trailing offset from an average that follows the price down, and nothing bounds where the bands can travel. Olympus, which designed this mechanism, switched it off in late 2024. Both facts are set out in the prospectus.