What an OTC desk is
An NFT with a vault that earns tokenised stock from every OTC product.
An OTC Desk is a Metaplex Core NFT on Solana that owns a vault. OTC routes a share of its revenue into a shared pot; when the pot fills, it buys one stock and credits every live desk the same amount. The stock waits in the vault until the holder collects it.
The stocks rotate through AAPLx, MSFTx, NVDAx, AMZNx, CRCLx, SPCXx, ANTHROPIC, POLYMARKET, KALSHI and NEURALINK. Vaults can also hold $OTC.
- Whoever holds the NFT owns what's in its vault. The vault travels with the desk when it's sold.
- Minting a new desk costs 100,000 $OTC plus a 0.5 SOL surcharge (and a little rent). Supply is capped at 5,000.
- Every desk has its own pixel-art computer.
The market page shows the current floor, how many desks are listed, the mint cost, what a desk earns on average, the stocks in rotation and how many desks have been minted.
Why desks are good prizes
A desk is worth at least the floor price, keeps earning after you win it, and can be sold on Magic Eden at any time.
Why burning desks matters
OTC splits each round across every live desk. Every burn removes one desk for good, so the same pot is shared by fewer desks. Burns paid for by launched coins' fees raise the earnings of every desk that's left, including the ones waiting in the packs.
In this build, desks you win are held for you and can't be sold or withdrawn yet, and burns are simulated, so they don't change OTC's real supply. See what's simulated.
Learn more at otcdesks.cash/docs.