documentation
How BentoPad works
synthetic boxes
A box is an ETH-collateralized vault that tracks a weighted basket of assets priced by Chainlink oracles on Robinhood Chain. Minting deposits ETH and issues box shares at the current net asset value. Redeeming burns shares for the proportional ETH collateral.
The box never holds the underlying stocks. Exposure is synthetic: share value moves with the oracle prices of the basket components relative to ETH. Each component records a baseline price at deployment and the vault tracks performance from there.
Every box launched on BentoPad also launches its own creator coin through the Pons launch factory in the same transaction. The coin is a separate, freely tradable token; it is not a claim on the vault.
creator fee split
Boxes charge a mint fee and a redeem fee in ETH, both capped at 2% by the contracts. Accrued fees are pulled into a dedicated per-box FeeSplitter and split between the protocol wallet and the box creator. The creator share is a global parameter set by the factory owner and read live at split time, capped at 80%.
Trading fees from the creator coin route to the same splitter, where they are burned permissionlessly. Coin fees do not pay anyone; they only reduce coin supply.
launching a box
createBox is one payable transaction: it deploys the SyntheticBox vault, deploys its FeeSplitter, launches the creator coin on Pons, and records everything in the on-chain registry. The transaction must cover the factory creation fee plus the live Pons launch fee. Any ETH sent above that becomes an initial buy of your creator coin.
You set your box name and symbol, plus the coin name, ticker, logo image, website, X link, and Telegram at launch. The socials are optional and stored on-chain as the coin's Pons metadata, so they show up wherever the coin is listed.
Component weights are set in basis points and must sum to exactly 10000. Each component needs a deployed oracle adapter and a max staleness bound; equity feeds pause on weekends, so staleness bounds default to four days.
risks
- Unaudited. The contracts have not been audited. Do not deposit more than you can afford to lose.
- Oracle-dependent. Share value depends entirely on Chainlink feeds. Stale, paused, or incorrect feeds affect mint and redeem pricing, and equity feeds do not update outside market hours.
- Not redeemable for underlying. Box shares redeem for ETH collateral only. You never own the stocks in the basket, have no shareholder rights, and receive no dividends.
- Collateral is ETH. Extreme ETH price moves against the basket can strain the vault. Synthetic exposure carries solvency risk that holding the real assets does not.
- Creator coins are speculative. The coin launched alongside a box has no claim on the vault and can go to zero.
