Omniousdocs
Economics & incentivesShadow

Invite drops

A Shadow preview of ten-minute invite auctions, implemented as non-transferable chips and targeted for public activation on 30 July.

Owner
Growth
Version
drop-2026.07
Verified
2026-07-13

Invite Drops version drop-2026.07 is implemented in Shadow, but it is not the current public front door. The web route and production router activation remain off; beta access currently uses invite codes. Public activation is targeted for 30 July 2026 and may move if abuse operations or launch quality are not ready.

availabilityImplemented does not mean available. Activation requires both NEXT_PUBLIC_ENABLE_DROPS=1 in the web build and DROPS=on on the router. Until then, /dropredirects to the invite-code entry flow.

The implemented round

When activated, every ten minutes one invite round clears as a sealed-bid, uniform clearing-price auction with published standing controls. Bids use non-transferable chips, not money. The winning wallet receives access directly; there is no code to screenshot or resell.

  • Joining a signed wallet mints a one-time 100-chip stipend.
  • One seat clears per round, with a 25-chip reserve by default.
  • Losing bids receive floor(90% × bid) whole chips back; the integer remainder is retired.
  • A genuine loss drips 5 chips, capped at 150 chips over the wallet's lifetime.
  • Three genuine losses guarantee access.
  • Referral rewards vest only after the referred wallet bids in three rounds across two UTC days, with a five-vest daily cap.

What chips are not

Chips cannot be bought, transferred, withdrawn, or converted into points, USDC, or a token. They exist only to allocate invite access. Referrals are the only cross-wallet earning path, and their concave schedule and vesting gates are designed to make farming expensive.

Bids rank by floor(amount × standing); equal effective bids use a deterministic round hash. The uniform price is the published reserve or the highest losing effective bid from a full-standing wallet, whichever is higher. Operator tooling can reduce a suspected coordinated wallet's standing or issue a ledger credit without exposing private detection signals.

Each cleared round exposes its clearing price, seat count, and a SHA-256 digest over the bid set, including standing inputs. Raw bid alone therefore does not always determine rank or price.

where this lives in code