RERATED
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How RERATED works

How a verified trader identity becomes a tradable market.

Buy the trader — not the called asset

A Trader Share is a market on future reputation and influence. It is not equity, not a claim on their portfolio, and holding it never improves their RERANK, verified performance, or Proof of Influence.

What a Trader Share is

  • Fungible market token
  • Tied to one canonical identity
  • Market-priced and transferable
  • Reflects collective expectations

What it is not

  • Not equity in the person
  • Not ownership of their wallet
  • Not a claim on personal trading profits
  • Not guaranteed yield
  • No control over the trader

One market per trader

  1. 1Indexed profile
  2. 2Eligibility checks
  3. 3Canonical market activation
  4. 4Early price-discovery curve
  5. 5Graduates to AMM

Where the 5% Trader Share fee goes

Protocol revenue — 2.00%
Treasury. Nothing reduces it: no holding and no lock buys a discount on this fee.
Global $RERATED fee lockers — 1.75%
Divided pro rata between the Global Fee Locks that were already eligible when the fee was charged. A lock opened afterwards earns nothing from it.
Profile trader — 1.00%
The person the market is about. Held in escrow until they claim the profile, and never reassigned to anybody else while it waits.
Active Genesis Scout — 0.25%
Only while a Scout entitlement is live. On expiry the bucket goes to the global lockers.

Total 5.00% on every buy and every sell, fixed as a constant in the contract, and the four buckets above are the contract’s own allocation rather than a proposal. No holding and no lock produces a discount on it. If no Genesis Scout entitlement is live, that 25 bps goes to the global lockers; if no eligible global fee lock exists at the moment a fee is charged, the whole locker allocation goes to the protocol instead. The fee never shrinks, and a lock opened later cannot reach back for it.

Three different decisions

ActionWhat it gets you
Buy rTRADERExposure to the market price of one trader
Trade $TOKENThe asset in the call
Lock $RERATEDA share of a revenue pool, or the right to activate one market

These are separate positions. Owning one does not give you the others.

What can move the price

  • Verified performance
  • RERANK
  • Proof of Influence
  • Authenticated call record
  • Consistency & integrity
  • Market supply and demand

Reports release information; they do not mechanically reprice a Trader Share. Buyers decide.

Explore trader markets

Names in the examples are placeholders, not markets.