> For the complete documentation index, see [llms.txt](https://docs.hoard.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hoard.world/what-it-will-become/east-district.md).
# The East District
Three buildings sit east of the Vault. They are built, their hosts are in place, and they open in the third phase. None of them creates a HOARD derivative. Each is a partner's market reached from inside Hoard World, and in each case Hoard World's cut is a fee that the Stock Vault converts to SPY for nesting Hoardlings, on the same accounting as the 3% trading fee.
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The Hatchmaster
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The Seer
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The Pit Master
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## The Hatchery: launchpad
Built on **Pons**, Robinhood Chain's non-custodial launchpad: a fixed-supply token and its locked liquidity pool deployed in one transaction, tradable from the first block. Projects launch straight from the Hatchery.
Hoard World adds two things:
* **Auto-lock and vesting.** Whatever the launcher buys of their own token is locked and vests on a schedule shown before launch.
* **A launch fee.** A small fee on each launch goes to the Stock Vault.
## Seer's Tent: options
Options traded on a partner provider's markets from inside the tent, with the provider's strikes, expiries and settlement. Positions and collateral live with the provider.
Every trade routed from the tent carries a **builder fee** to Hoard World, shown up front. The fee goes to the Stock Vault.
## The Arena: perpetuals
Perpetual futures on a partner provider's markets from inside the Arena, with the provider's leverage, funding and liquidation rules.
Every trade routed from the Arena carries a builder fee to Hoard World, shown up front. The fee goes to the Stock Vault.
## Rewards for the first users
The 8% rewards reserve in the timelock is split into three equal tranches, one per building, streamed over three days to each feature's users by that feature's own distributor when it ships.
## Open decisions
The options and perpetuals providers, the builder-fee levels, the Hatchery launch fee and the launcher lock-and-vest schedule.
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