HIRED
Workforce / Company / Handbook

Employee handbook

Policies, how pay works, and the risks
Last revised by the payroll contract · applies to every contract

1.How HIRED works

HIRED is a single smart contract on Elysium, Kinetiq's L2 on Hyperliquid. You sign a fixed-term contract by paying a small fee in HYPE. While your contract runs, every payday credits you an equal share of the pot, in HYPE. When it ends you keep everything, and your seat goes to the next person. There is no company behind the badge, no work, and no job: it is a game about a payroll.

Seats
999
Contract
30d
Renewal window
72h
Payday every
≥ 4h
Background check
~$5 in HYPE
Pot / protocol
90% / 10%
Pot threshold
—

2.Contracts of employment

hire() takes the background-check fee in HYPE: 90% to the payroll pot, 10% to the protocol wallet. Nothing else is asked and nothing is burned. One contract per wallet. Nothing is minted and nothing can be transferred: your record is keyed to your address.

Headcount is capped (999 by default). When every seat is taken there is a hiring freeze until a contract ends. Contracts all have the same length, fixed at the first hire, and start in the block you sign, so they end in exactly the order they were signed.

renew() opens in the last 3 days of a contract, costs the same as a hire, and starts the next contract that day. Renewals do not need a free seat - the seat is already yours. If you do not renew, you are laid off when the contract ends: you keep every share you earned, your seat frees up, and you can sign again later whenever there is a seat. Your employee number stays the same for life.

3.Payday

The pot fills from three sources: the background-check fees of every hire and renewal, the creator fees the $RSU token earns on Montra (pulled in by anyone calling collect()), and plain HYPE sent to the contract. Once the pot is above its threshold and the payday interval has passed, anyone can call settle(minOut). A keeper does it on a schedule.

Payday takes the entire pot, wraps it 1:1 into WHYPE, and credits every contract running at that second an equal share of what arrived. The amount is measured from the WHYPE balance, not taken from the router's word. The keeper sets minOut from a live quote so the trade cannot be sandwiched far from the market.

Before paying anyone, payday closes every contract that has ended, oldest first. If more have ended than it can close in one transaction, it refuses and processExpirations(n) has to run first. So an ended contract never shares in a payday after its end, and what it earned is frozen to the unit.

4.Claiming

Pay is pulled, not pushed. claim() sends you everything you have earned, unwrapped to HYPE, whether you are on contract or were laid off a year ago. Your payslips on My profile show what is waiting, valued at today's prices.

5.Titles

Titles follow the time you have spent under contract, all contracts together: Intern → Analyst → Associate → VP → Managing Director. Analyst after a quarter of a contract, Associate after one, VP after three, Managing Director after six. They change the badge and nothing else. Equal pay. Literally.

6.Paid in HYPE

The payroll pays in one thing: HYPE. Its rotation holds wrapped HYPE alone, which a payday gets at exactly 1:1 through the wrap router - no pool, no price, nothing to sandwich - and which claim() unwraps. A wallet that cannot take HYPE (a contract with no receive) gets the WHYPE instead.

The rotation is read from the contract once it is deployed.

HIRED is not affiliated with, endorsed by, or employed by Hyperliquid, Kinetiq, Montra or any company it jokes about.

7.The $RSU token

$RSU is launched on Montra, Elysium's launchpad, with the payroll contract as its only fee recipient. The payroll refuses any token that is not Montra's HYPE pool paying its fees to it, and attaches it once, for good. Montra lets only the recipient move those fees, and the payroll never does. Signing never needs $RSU: the token only feeds the pot.

8.What the owner can do

The owner can open or close hiring, re-peg the fee to dollars, attach the token once, and change the pot threshold, the payday interval (at most a day), the seat cap, the protocol wallet and the router. The owner cannot change the token once attached, nor the rotation, the contract length or the renewal window once anyone has been hired, and cannot move any HYPE credited to anyone.

The router choice matters: it receives the pot at each payday. A malicious router could keep that HYPE. It could not make anyone owed more than it delivered - payouts are capped by what actually arrives.

9.Addresses

$RSU tokennot set yet
Routernot set yet
Ownernot set yet

10.Risks

  • This is not a job. Signing creates no employment relationship, no wage, no benefits and no rights against anyone. "Hire", "payday", "title" and "laid off" are jokes about what a smart contract does.
  • Nothing is guaranteed. A payday is only as big as the pot. If nobody signs, renews or trades $RSU, paydays shrink or stop. The fee is never refunded.
  • HYPE moves. Pay is booked in HYPE, and HYPE's price moves with the market: a payslip worth $10 today can be worth less tomorrow.
  • Smart contract risk. The contracts are tested, including against a fork of Elysium mainnet and its real WHYPE, but not audited. Bugs, a bad router, or a change in Montra can lose funds. Elysium itself is days old.
  • Prices on this site are estimates. Dollar values use a public price feed for HYPE and can be stale or wrong. The chain and the explorer are the record.
  • $RSU is a memecoin. It has no claim on the payroll or the pot.

HIRED is not affiliated with, endorsed by, or employed by Hyperliquid, Kinetiq, Montra or any company it jokes about.