Use Stoa
Spotlight
Every week projects bid ETH for three sponsored slots on Stoa, and $STOA holders who lock and vote are paid 90% of the winning bids. The other 10%, plus every entry fee, buys $STOA and burns it. Week 1 opens on Monday 23 November 2026 at 07:00 WIB (00:00 UTC) on stoadex.com/spotlight.
How a week runs
- Monday 07:00 WIB, bids open. A project bids ETH for its token. The first bid for a token in a week pays an entry fee and must be at least the minimum bid. Anyone can add to a token's bid.
- Saturday 07:00 WIB, bids close. From here until the week ends, bids are final and only votes change, so holders vote with fixed numbers.
- Holders vote all week. Lock $STOA and split your votes over up to ten tokens. You can change them until the week closes.
- Monday 07:00 WIB, the week closes. Anyone can settle it. Among tokens with at least 1M $STOA of votes, the three largest bids win. Ties go to the token that entered first.
- The ETH is split. For each winner, 10% of its bid goes to the burn pot and 90% to the holders who voted for it, pro rata to their votes. Every other bid can be refunded in full.
- The winners show for a week at the top of Trade's token list, on Launches and on Tokens, marked "Sponsored".
The numbers
| Rule | Value |
|---|---|
| Slots per week | 3 |
| Who wins | The largest bids among tokens with at least 1,000,000 $STOA of votes |
| Entry fee | 0.001 ETH for the first 20 tokens of a week, then 0.002 ETH for the next 20, and so on. Not refunded; it is burned |
| Minimum first bid | 0.01 ETH |
| Most one token can have in a week | 0.5 ETH (beta cap) |
| Burn share | 10% of each winning bid |
| Voting power | 1 locked $STOA = 1 vote, up to 10 tokens per holder per week |
| Tokens per week | Up to 100 in the race at once (a canceled token frees its place), 255 in total |
Parameter changes go through the 48-hour timelock and apply from the following week. The contract caps them: at most 5 slots, at most a 20% burn share, a base entry fee of at most 0.01 ETH and a minimum bid of at most 1 ETH.
Locking and unlocking
- Lock $STOA on the Spotlight page. Locked $STOA votes and earns nothing by itself: you earn when a token you voted for wins.
- To leave, request an unlock. The $STOA stops voting at once and can be withdrawn when the current week ends.
- $STOA that voted this week can only be requested from next week on. So $STOA that votes stays locked until the end of the following week, about seven days at least. Nobody can lock just before the close, collect, and leave.
- The same $STOA can never vote twice in one week.
Claims and refunds
- After a week is settled, claim your ETH on the Spotlight page, for one week or several at once, to any address you choose.
- A project whose token did not win, or was canceled, takes its bid back in full from the same page. The entry fee stays in the burn pot.
- Claims and refunds never expire. Rounding leaves at most a few wei per token behind.
Safety
- Sponsored, not reviewed. Every slot says "Sponsored" and links here. Stoa does not review the projects: a winning token can still go to zero.
- Checks before a winner shows. The app shows a winner only if it can be bought and sold on Stoa right now and is not on the app's hidden list.
- The guardian can only refund. Until Saturday 07:00 WIB the guardian can cancel a bid for a scam or a honeypot. The bid becomes refundable in full, and voters still have two days to move their votes.
- Pause without trapping funds. The guardian can pause new bids, locks and votes. Claims, refunds, withdrawals and settling keep working, and during a pause every holder can take all their $STOA out at once. Only the timelock can unpause.
- Nobody can take the money. The contract has no function that sends anyone's ETH or $STOA anywhere except to the holder, the bidder or the burn.
- The burn cannot be sandwiched cheaply. Only the keeper (or the timelock) spends the burn pot, with a minimum output it sets from a fresh quote, the same rule as the weekly buyback.
- Team wallets do not take part. Stoa's team and dev wallets do not lock or vote.
- Not externally audited. The contract is source-verified and covered by unit, attack and fork tests and Slither; see the internal security review.
Contract
SpotlightMarket on Robinhood Chain: 0xf3A995D4240c0F36da697E5292B294052a1706B5. It is deployed with CREATE2 through the standard deterministic deployer, owned by the 48-hour timelock from its constructor, with the router's guardian and the buyback keeper. Source: contracts/src/SpotlightMarket.sol.
Payouts depend on what projects bid each week; nothing is promised.