BS6900
THE BULL & SHIT INDEX 6900
Bulls are the meta, so we built the index. Every pump.fun creator fee is swapped into beef-adjacent stocks on-chain, and the dividends are airdropped back to holders. A memecoin with a balance sheet.
connecting…
Buy $BS6900
trade it on pump.fun
Creator fees go into the index
auto-swapped into beef stocks
Dividends paid to holders
airdropped, pro-rata
How the index actually works
No promises, no “trust me.” The loop is mechanical and runs on-chain, autonomously. Here is every step.
Trading throws off fees
BS6900 trades on pump.fun. The creator earns 0.30% of every trade on the bonding curve (then 0.05–0.95% by market cap after it graduates to PumpSwap), paid to the creator wallet — our treasury.
Treasury claims the SOL
Every cycle (~10 min) the engine collects accrued creator fees into the treasury as SOL — draining both the bonding-curve and AMM creator vaults. No human hand.
Swap into beef stocks
That SOL (minus a small gas buffer) is routed through Jupiter equally into the beef-adjacent xStocks basket + the ANSEM bull token. Real tokenized equities, held on-chain.
Stocks pay dividends
xStocks auto-reinvest dividends via an on-chain rebase: the custodian takes the cash, our balance grows. The rebase posts ~8 PM EST the business day before each ex-date.
Holders get airdropped
The engine measures each rebase, realizes the gain, and airdrops it pro-rata to BS6900 holders the moment it lands. Hold the coin, collect the beef.
The rebase mechanic, in detail
xStocks — tokenized equities issued by Backed Finance (Backed Assets (JE) Ltd) — don't pay a cash dividend you can capture and forward. They're Token-2022 mints using the Scaled UI Amount extension: your displayed balance = an immutable raw balance × a global on-chain multiplier. On a dividend, the custodian reinvests the cash and raises that multiplier once for every holder — no transfer, no mint, your balance just grows.
The bump equals the net dividend (after 30% U.S. withholding) ÷ the prior day's closing price, and it posts about 8:00 PM EST the business day before the ex-date — the schedule is published by the CF Benchmarks xStocks Corporate Action Feed. Our engine reads that multiplier every cycle; when it rises, the delta is the dividend. It sells exactly that delta to USDC and airdrops it to BS6900 holders in the same step, pro-rata. The equities stay in the treasury, compounding — dividends rain on holders, never paid out of the principal basket.
Pro-rata means your cut = (your $BS6900 ÷ all $BS6900 held) × the dividend. Hold 1% of the supply, collect ~1% of every payout. The more BS6900 you hold, the bigger your slice.
The schedule
- every ~10 minEngine cycle. Claim creator fees → buy the basket with free SOL → read on-chain holdings → check each xStock's rebase multiplier.
- every cycleFee claim. Drains both creator vaults —
collect_creator_fee_v2(bonding curve) andcollect_coin_creator_fee(PumpSwap AMM). - ~8 PM ETDividend rebase. The evening (~8 PM US Eastern) of the business day before a stock’s ex-dividend date, its xStock multiplier steps up (net of 30% withholding). Set by the issuer on the CF Benchmarks feed, not by us.
- immediatelyAirdrop. The moment a cycle detects a higher multiplier, the engine sells the delta to USDC and sends it pro-rata to every holder — in the same step.
Cadence is configurable (CYCLE_MINUTES); thresholds skip dust (min 0.02 SOL to deploy, min $1 to airdrop).
Why these stocks
Every holding earns its spot by its link to cattle — the people who buy the beef, sell it, render it, or sold the cowboy the cigarette. The thesis (and 30-day price) behind each:
-
01
MCDxMcDonald'sThe planet’s largest beef buyer — billions of patties a year across 100+ countries. If cattle demand had a logo, it’d be the Golden Arches. The purest beef bet on Solana.
Direct beef -
02
WMTxWalmartAmerica’s biggest grocer is its biggest beef retailer. Walmart even built its own end-to-end Angus beef supply chain — the shelf where the whole herd finally lands.
Retail beef -
03
PGxProcter & GambleFounded 1837 making soap and candles from beef tallow — the meatpacking byproduct of Cincinnati’s stockyards. A consumer empire literally rendered from cattle fat.
Tallow OG -
04
PMxPhilip MorrisThe Marlboro Man — a cattle-ranching cowboy — is the most famous mascot the open range ever produced. Cattle-country iconography, monetized one pack at a time.
Ranch icon -
05
PEPxPepsiCoPepsiCo owned Taco Bell, KFC & Pizza Hut until spinning them off in 1997 — it industrialized seasoned beef at scale. Today: the Frito-Lay snack and the fountain drink beside the burger.
Taco beef -
06
KOxCoca-ColaThe other half of the combo meal. There’s no burger ritual without the cup of Coke beside it — the beverage backbone of every beef joint on earth.
Combo drink -
07
ANSEMThe Black BullThe one holding that isn’t beef — it’s the bull itself. The Black Bull (ANSEM) is the index’s pure-meme leg: bulls are the meta, so the index owns one outright.
The bull
What the treasury owns
Live on-chain balances of the beef basket. Cost basis vs. current value, per position. Zero until the treasury starts buying.
Treasury PnL
Total basket value over time vs. what we paid for it.
Dividend airdrops
Every realized rebase, rained back on holders — logged the moment it sends.
Questions you're about to ask
Is this financial advice?
No. BS6900 is a meme with a mechanism. Tokenized stocks, crypto, and memecoins can all go to zero. Ape responsibly.
Where do the “dividends” come from?
From the beef-adjacent xStocks the treasury buys with creator fees. Those stocks reinvest dividends as an on-chain balance rebase; the engine harvests the rebase delta and airdrops it immediately.
What are “beef-adjacent” stocks?
Companies that sell, move, or wrap beef: McDonald's, Coca-Cola, PepsiCo, Walmart, Procter & Gamble, Philip Morris — plus The Black Bull (ANSEM), a bull-themed Solana token. Tokenized as xStocks on Solana.
Is the loop really autonomous?
Yes. A single always-on process claims fees, swaps, watches rebases, and airdrops on a schedule. This dashboard only reads its state — it can't move funds.
How is each airdrop split between holders?
Strictly by your share of the supply: your payout = (your $BS6900 ÷ all $BS6900 held) × the dividend. The engine reads every holder's on-chain balance and sends USDC weighted by it — hold 1% of BS6900, get ~1% of every dividend. No tiers, no snapshots to game; it's your live balance the moment the dividend lands.
How often does it run?
The engine cycles about every 10 minutes (configurable): claim fees → buy the basket → check each xStock's rebase multiplier. Dividends are airdropped the instant a cycle sees a higher multiplier — no waiting for the next round.
When do dividends actually hit?
xStock multipliers rebase ~8 PM EST the business day before each stock's ex-date (net of 30% U.S. withholding), on a schedule set by Backed Finance / the CF Benchmarks corporate-action feed. The very next engine cycle catches it and airdrops.
What's the 6900?
69 and 6900. The index level. It's a meme. It also goes up.