Every Broker starts here, earning from the block it is minted in.
Each one controls a dedicated account that holds the positions. Sell the Broker and the account goes with it, in one transaction, without touching a single line of the portfolio.
A conventional NFT points at metadata. Owning it tells you nothing about what else that owner holds, and selling it moves exactly one thing.
A Broker points at metadata and controls a deterministic account. hStock positions live in that account, so the portfolio is part of the asset rather than a list of positions to unwind beside it.
The account has no key of its own and no admin. Authority is read live from
ownerOf(tokenId) at the moment of the call, which is why control transfers in
the same block as the token.
Every Broker starts here, earning from the block it is minted in.
Three times the weight of an unlicensed Broker, bought once.
Eight times the weight, and a credit limit to match it.
The top of the register, and the largest line of credit.
Upgrades cost the difference against the tier already held, never expire and never step down. Weight applies from the moment it is bought, so nobody can license a Broker to backdate a claim on revenue that is already in the contract.
Every Broker Market sale pays 2.5%, every fill on the stock desk pays 1%, and a fifth of all credit interest lands in the same place. There is no emission and no reward token, only fees that were actually paid by someone.
Nothing is pushed out on a schedule. Each Broker pulls what its weight has earned, and anything unclaimed travels with the token, so a Broker sold with accrual carries it to the buyer.
See the fee table