The Hecto Allocator is the first live product within the Hecto ecosystem.
Mint $HECTO, allocate it across companies, rebalance positions, and participate in daily rounds based on market performance.
This article breaks down the core rules of the Allocator.
What Is The Hecto Allocator?
The Allocator is our daily pre-IPO forecasting experience, designed to introduce a broader audience to private market exposure in an on-chain format.
To participate, users must convert $CC into $HECTO, then allocate $HECTO across the list of Hectocorns (private companies worth more than $100B) shown on the platform.
Each day, one company wins by outperforming the others.
- If your allocation included that winner at cutoff, you earn $CC emissions.
- If it did not, you do not lose your $HECTO and instead you simply do not receive any emissions for that round.
That’s because the Allocator is designed around participation, positioning, and daily performance - not around losing your principal for being wrong.
1. You Need HECTO To Participate
To participate in Hecto Allocator, start by first minting $HECTO using $CC on the swap page.
At this stage, $HECTO is used inside the Allocator for ecosystem participation and emission distribution.
It is not yet publicly tradable.
The current limits to swap $CC for $HECTO are:
- Minimum: 50 $CC
- Maximum: None
Verified participants may be eligible for larger allocations.
2. Allocate Your HECTO
Once you have minted $HECTO, you can allocate it across the companies available in the Allocator.
This is the core mechanic of the Allocator.
- You are not buying shares.
- You are not trading a listed token.
You are choosing how to position your $HECTO across the available names before settlement.
Your allocation determines whether you are eligible for emissions when the daily winner is decided.
3. Rebalance As You Choose
The allocator is not a set and forget product.
You can rebalance (lock and unlock) your $HECTO allocation during an active round.
That means you can move capital between companies as your conviction changes.
But timing matters.
4. Round Timings
Daily Cutoff
The daily round cutoff is 22:00 GMT.
This is one of the most important rules in the system.
- If you rebalance before 22:00 GMT, your changes count for the current round.
- If you rebalance after 22:00 GMT, your changes count for the next round.
So while you can rebalance at any time, only your allocation at cutoff determines your eligibility for that day’s result.
Daily Settlement
After the 22:00 GMT cutoff, the round moves toward settlement.
Settlement happens daily at 00:00 GMT.
That is when Hecto finalizes the round, determines the winner, and updates emission related outputs such as leaderboard data and performance tracking.
5. Winning And Emissions
Each round has a single winner - the company with the highest daily percentage growth.
This means that round winners are not based on absolute market cap change or total dollars moved, but on relative daily performance.
The company with the strongest percentage move on the day wins the round.
Emissions are paid to users whose eligible allocation included the winning company at cutoff.
That means:
- It is not enough to have allocated to the winner at some earlier point in the day.
- Only your cutoff allocation that matters.
- If your rebalance missed the cutoff, it counts for the next round instead.
This makes timing and conviction equally important, and a large part of your winning strategy.
Another important thing to note is that emission sizes are not random, but based on how correct your allocation was.
- Hecto evaluates your performance based on the percentage of your total $HECTO allocated to the winning company at cutoff.
- The higher your percentage allocation to the winner, the higher the emissions you receive.
- Splitting your $HECTO evenly across all companies will significantly reduce your reward, even if you include the winner.
Emission weight is determined by:
- Your percentage allocation to the winning company at cutoff.
- Any eligible multipliers, such as Boost.
So, emissions are tied to how much $HECTO you had effectively positioned on the winning company at the relevant snapshot.
6. You Can’t Lose HECTO
This is another foundational rule.
If your allocation does not include the winning company, your $HECTO is not burned, reduced, or forfeited.
You simply do not receive any emissions for that round.
That makes the Allocator structurally different from products where being wrong negatively affects your holdings.
7. Weekends Don’t Count
Because markets are closed over the weekend, Hecto treats Saturday, Sunday, and Monday as a single combined round.
Therefore, you can easily rebalance your positions over the weekend if you choose.
Those days settle together on Monday.
8. In Summary
To summarize, the Allocator works like this:
Mint $HECTO with $CC.
Allocate $HECTO across the offered companies.
Lock/Unlock your $HECTO throughout the day.
Your allocation at 22:00 GMT is what counts.
Settlement happens at 00:00 GMT.
The company with the highest daily percentage gain wins.
If your cutoff allocation included the winner, you earn emissions.
If it did not, you keep your $HECTO but earn nothing for that round.
The Allocator is built around daily positioning, disciplined timing, and emission weighted participation.
Its a structured allocation system where users position $HECTO across companies, manage that exposure around a fixed cutoff, and earn emissions when they are correctly aligned with the day’s winner.
The rules are simple, but your real edge comes from how you strategize around them.
Read more about Hecto and the Allocator here: https://docs.hecto.finance/
