🚀
Robinhood Chain is starting to get interesting.
First, we saw Cash Cat become one of the first major meme plays on the chain.
Then came Pons, a launchpad that many people are already comparing to Pump fun.
Now there is another interesting experiment: The Index (INDEX).
Here is how it works
👇
1/6
You buy and hold $INDEX on Robinhood Chain.
The interesting part is what happens with the trading activity around the token.
3% of trading volume is converted into ETH.
🧵
2/6
That ETH is then used to purchase tokenized assets.
According to the project's model, this can include companies such as:
• Apple
🍎
• Nvidia
🟢
• Tesla
⚡️
The purchased assets are then allocated through the project's distribution mechanism.
🧵
3/6
To participate in the distribution, wallets need to hold at least:
10,000
INDEX
So the idea is essentially:
🔄
Trading activity
→ Fees generated
→ Converted to ETH
→ ETH buys tokenized assets
→ Assets distributed to eligible
INDEX holders
🧵
4/6
What makes this interesting to me isn't just
INDEX
itself.
It's what we're starting to see happening on Robinhood Chain.
In a short period of time, the ecosystem is already experimenting with:
🐱
Memecoins
🚀
Launchpads
📈
Tokenized equities
💰
DeFi incentive mechanisms
The ecosystem is still early, but the experimentation is accelerating.
Robinhood Chain is starting to get interesting.
First, we saw Cash Cat become one of the first major meme plays on the chain.
Then came Pons, a launchpad that many people are already comparing to Pump fun.
Now there is another interesting experiment: The Index (INDEX).
Here is how it works
👇
1/6
You buy and hold $INDEX on Robinhood Chain.
The interesting part is what happens with the trading activity around the token.
3% of trading volume is converted into ETH.
🧵
2/6
That ETH is then used to purchase tokenized assets.
According to the project's model, this can include companies such as:
• Apple
🍎
• Nvidia
🟢
• Tesla
⚡️
The purchased assets are then allocated through the project's distribution mechanism.
🧵
3/6
To participate in the distribution, wallets need to hold at least:
10,000
INDEX
So the idea is essentially:
🔄
Trading activity
→ Fees generated
→ Converted to ETH
→ ETH buys tokenized assets
→ Assets distributed to eligible
INDEX holders
🧵
4/6
What makes this interesting to me isn't just
INDEX
itself.
It's what we're starting to see happening on Robinhood Chain.
In a short period of time, the ecosystem is already experimenting with:
🐱
Memecoins
🚀
Launchpads
📈
Tokenized equities
💰
DeFi incentive mechanisms
The ecosystem is still early, but the experimentation is accelerating.
