What is WRK

Overview

WRK (Worker) is the protocol's incentive token. It is earned by anyone who performs useful work for the vault — starting with rebalancing. WRK is the economic signal that turns permissionless actors into reliable protocol maintainers.

Without an incentive, a 50/50 vault would drift out of balance whenever prices moved and stay there until someone bothered to fix it. WRK removes the "bothered" part: anyone running a bot or watching the dashboard can earn WRK by keeping the vault healthy.

How to Earn WRK

The only way to earn WRK in the current version is by successfully calling rebalance() on the IndexVault when the basket has drifted beyond the 1% threshold.

Action	Reward	Condition
`rebalance()`	10 WRK	Basket drift ≥ 1% from target weights

There is no cooldown. Multiple wallets can race to call rebalance after a drift event — only the first successful call earns the reward (since the vault is rebalanced after the first call, subsequent calls will revert as there is no longer a drift to fix).

The Rebalance tab in the HODL app shows the current drift percentage live. You can monitor it and call rebalance directly from the browser.

Tokenomics

Property	Value
Symbol	WRK
Full name	Worker
Standard	OP-20
Decimals	18
Max supply	Unlimited
Mint authority	IndexVault only
Emission rate	10 WRK per rebalance call

WRK has no maximum supply — it is minted on demand as rebalancers earn it. This is intentional: the total WRK in circulation reflects the cumulative maintenance work that has been performed on the protocol. It is a measure of activity, not a scarce store of value.

In v1, WRK has no utility beyond being earned. It is a signal of participation and a placeholder for the governance and fee-sharing mechanics described in the roadmap below.

Roadmap

Planned utility expansions for WRK:

Governance: WRK holders vote on basket compositions, rebalance thresholds, and new index deployments
Protocol fee capture: A portion of vault fees flows to WRK stakers proportional to their stake
Yield sharing: Long-term WRK stakers receive a share of all yield generated across every HODL index vault
Cross-protocol work: Any OPNet protocol can post jobs payable in WRK — see The Keeper Network