Buy and hold shares

When you can buy a vault's ShareOFT, what happens when you do, and what you get for holding it.

You don't need to launch anything to take part in 4626. Holders (called Friends in the app) buy a vault's ShareOFT, and every buy is a lottery ticket.

When you can buy

There are two moments to get shares:

1. During the auction. A new vault sells ShareOFT for ETH in a fair-launch auction. Bid if you want the auction's price.
2. After trading is live. Once the auction settles, ShareOFT trades on the ShareOFT/ETH market on Base. Buy on any Base DEX.

A vault that is "activated" is not yet tradable. See Vault lifecycle for how to tell the stages apart.

What happens when you buy

On a live market, a DEX buy of ShareOFT:

• Pays a 6.9% fee. The fee funds the lottery pot, rewards voters, and burns shares for all holders. Where the fee goes.
• Enters the lottery. Chainlink VRF draws instantly. A win pays 69% of the pot. Bigger buys have better odds, up to 4% at $10,000. How the lottery works.

Wraps, deposits, and bridge transfers don't pay the fee and don't enter the lottery.

What you get for holding

Each ShareOFT is backed by vault claims on the creator coins in the vault. The vault's value per share rises when:

• the burn slice of each buy fee removes shares, and
• qualified creator earnings flow into the vault.

Optional: lock and vote

You can lock the protocol share 4626 to get ve4626, vote for vaults, and earn part of their fees. You don't need it to buy or to enter the lottery. As of 2026-09-05 it is in canary. Lock and vote.

Buying $AKITA

The first vault is $AKITA on Base; its ShareOFT is AKITA. Check Contract addresses for the exact token address before you trade.

You don't need the 4626 app to buy. The app waitlist is for app access, not a token list. Open the app at app.4626.fun.