Docs
Proxy fights
A coalition pools shares behind one challenger. If the pool clears the takeover number, the backers take 40% of the seat's dividends.
Why they exist
A crown goes to the biggest position, which on a megacap means six figures. A proxy fight pools shares from any number of wallets against that number, and the seat's dividends are split with the wallets that pledged.
Open a fight
any ticker, costs nothing
Backers pledge
the pool fills in public
Threshold cleared
the crown changes hands
Backers paid
40% of the seat, pro rata
How a fight runs
- 1
Someone opens it
Any wallet can open a fight against the sitting CEO of any ticker. One live fight per ticker. Filing costs nothing.
- 2
Anyone pledges
Backers commit shares to the pool. The ticker page shows the pool total against the takeover number in public.
- 3
The pool clears the threshold
The moment pledges pass the takeover number, the fight wins: the crown moves to whoever opened it and the tenure clock starts from zero.
- 4
Or the clock runs out
Fights live for 72 hours. An unfilled fight expires, pledges are released, and the seat stays where it was.
The house rules still bind the winner. A fight cannot hand a crown to a wallet inside its 48 hour cooldown or already holding three crowns; in that case the pool stands and the seat waits.
What backers earn
Backers of a winning fight take 40% of the ticker's liquid dividends, split by how much each pledged, for as long as the leader holds the crown. The CEO keeps the remaining 60% and the badge. Backers hold no crown and accrue no tenure.
| Rule | Value |
|---|---|
| Fight window | 72 hours |
| Live fights per ticker | 1 |
| Backer share of dividends | 40%, pro rata to pledge |
| Pledges per wallet | 1 standing pledge, replaceable |
| Winner | the wallet that opened the fight |