LOCKUP$LOCK
Twenty-four units on Robinhood Chain. Rent keeps your door shut. Ninety days unpaid and the facility cuts the lock, sells what is inside, and every cent of the sale buys $LOCK and burns it.
Every door below is a unit in the contract. Open one to look inside. Nothing is leased yet: the facility opens when the token does.
UNSIGNED — THE FACILITY IS NOT OPEN
STORAGE RENTAL AGREEMENT
- The unit. A unit is a numbered slot in the LOCKUP contract on Robinhood Chain. There are twenty-four, 01 to 24.
- Moving in. You rent a unit by locking $LOCK inside it. That is your property, in storage.
- Rent. The unit renews every 30 days, in one call. Renewed, the door reads PAID.
- Late. Miss the renewal and the door reads LATE. The clock on the door keeps counting.
- Lien. At 90 days unpaid the facility cuts the lock. The contents stop being yours.
- Auction. The contents are sold. Everything the sale makes buys $LOCK and burns it through HoodLock. The buyer keeps the contents; the facility keeps nothing.
- Contract.
not yet — the contract address goes here at launch
The contract address and the X account go in together, at launch.
The register, published on the 1st: every unit, who paid, which locks came off, how much was burned.
No unit has gone to lien.
The first register is published on the 1st of the month after the facility opens.
- SUPPLY
- —
- UNITS LEASED
- none
Supply is read from Robinhood Chain once the token exists. Every lien and every burn is a transaction; the register lists them with their hashes.
At ninety days the lock comes off. What is inside the unit is sold, and the whole sale buys $LOCK and burns it through HoodLock. The buyer keeps the contents. The facility keeps nothing.
No auction has been held.