Burst Docs

Everything about how Burst works — keys, the curve, fees, claiming, and the chain underneath.

Introduction

Burst is a market for creator keys. Every X, TikTok and Instagram account can have a market. Anyone can open one, anyone can trade in it, and the account's real owner earns a cut of every trade whether or not they have ever heard of Burst.

There is no order book and no market maker. Prices come from a fixed mathematical curve, and every trade settles in ETH on Robinhood Chain through one non-upgradeable smart contract.

Quick start

If you want to trade:

  1. Hit Log in and connect a wallet. The app adds Robinhood Chain automatically.
  2. Find an account on Explore or with the search bar.
  3. Pick an amount, hit Buy, confirm in your wallet. Selling works the same way — the contract always has liquidity to buy your keys back.

If you want to list someone:

  1. Go to List an account, enter the platform and handle. Listing is free — you just pay gas.
  2. The market opens instantly and anyone can trade it.

If someone listed you:

  1. Go to Claim and look up your handle — your 3% has been accruing since the first trade.
  2. Prove you control the account, then withdraw whenever you like.

Keys

A key is a position on an account's curve, recorded by the contract as a whole-number balance. Keys of an account are identical and interchangeable. You can hold any number of them, sell any time, and holding pays you — 2.5% of every subsequent trade in that market is split pro-rata across current holders.

Keys are not securities, not shares, and not a claim on anyone's income. They are positions on a curve, nothing more.

The bonding curve

Burst uses a sum-of-squares curve: the price of key number n is n² / 16,000 ETH. Each key costs more than the one before it.

Key #Price
10.0000625 ETH
100.00625 ETH
250.039 ETH
500.156 ETH
1000.625 ETH

Buying walks up the staircase; selling walks back down it. The ETH paid in sits inside the contract as reserve, which is what funds every sell. There is always liquidity — the price is just whatever the curve says.

Fees

Every buy and every sell pays a 7% fee on the curve price, split three ways:

  • 3.0% — the account owner. Escrowed in the contract from the very first trade. Claimable forever, even if the owner shows up years later.
  • 2.5% — current keyholders. Split pro-rata across everyone holding keys at the moment of the trade.
  • 1.5% — the protocol.

Fees are set in the contract and cannot be changed — there is no admin function to raise them.

Claiming your account

Anyone can list any account, so you might already have a market — and an escrow balance. Claiming links your wallet to your handle on-chain:

  1. Look up your handle on the Claim page to see what's waiting.
  2. Prove control of the account (bio code or a signed post — during testnet, verification is handled manually via @buyburst).
  3. Your wallet is registered as the subject owner. Withdraw your escrow any time; it keeps accruing forever.

Claiming changes nothing about trading — it only unlocks the owner's side of the fees.

Holder rewards

2.5% of every trade is distributed to the keyholders of that market at the moment of the trade, proportional to how many keys each holds. Rewards accumulate in the contract per wallet; claim them from your Profile whenever you like. There is no lockup and no expiry.

Paid messages

Every market page has a message box. Write up to 280 characters, attach any amount of ETH, and send — the message is emitted on-chain and shown on the account's page, and 98.5% of the ETH goes straight into that account's escrow (1.5% protocol), claimable through the same flow as trade fees. It's the loudest way to get someone's attention: money talks, on-chain.

Points

Points track real on-chain activity: 300 per key bought, 100 per key sold. They are a scoreboard, not a token. What they become is announced at mainnet.

$BURST token

An official $BURST token is coming soon. Details — chain, supply, and how Points factor in — will be announced by @buyburst and published on this page first.

Until that announcement, any token trading under the $BURST name is fake. Do not buy it.

Chain & contracts

Burst settles in native ETH on Robinhood Chain, an Arbitrum Nitro L2 — chain ID 4663 (mainnet) / 46630 (testnet). Where friend.tech spread across eight contracts, Burst is three small ones — the entire protocol, verifiable by anyone:

RPC: https://rpc.testnet.chain.robinhood.com · Explorer: explorer.testnet.chain.robinhood.com. The contracts are non-upgradeable and no admin can touch user funds. Everything the site shows is derived from public on-chain events — anyone can verify it independently.

FAQ

Do listed people know they're on Burst?

Not necessarily. Anyone can list any public account. The 3% owner fee escrows regardless, and only the verified owner can ever withdraw it.

Can a market run out of liquidity?

No. Every ETH paid in on the way up is held as reserve, and the curve price on the way down is always covered by it.

Is there a Burst token?

An official $BURST token is coming soon — announced by @buyburst and on this page first. Until then, anything trading under that name is fake.

Why is my buy price slightly higher than the quote?

Quotes move if someone trades before your transaction lands. The app pads buys by 1% for this; any unused ETH is refunded by the contract.

What are the holders-only chats?

Holding at least one key of an account reserves your seat in that account's private room. Messaging ships with mainnet.

Risk & disclaimers

Prices move on a curve with no market maker and no floor beyond the reserve. Smart contracts can contain bugs; chains can fail. You can lose everything you put in. Nothing on this site is financial advice. Trade for fun, with money you can afford to lose.

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