A Meme That Pays In Big Tech 📈
$ONDO turned tokenized equities into an RWA category and $LINK feeds their prices onchain. Bankr now lets a meme coin earn in them.
MAG7 pairing is live on Robinhood Chain. Launch a coin on Bankr, choose MAG7 under Pool Pairing, and the pool sits against one index token holding NVDA, AAPL, GOOGL, MSFT, AMZN, META and TSLA.
So the coin's trading fees arrive in a basket of seven tech stocks instead of ETH. And every trade of a MAG7 pair pushes volume through the index, where 0.30% of each MAG7 trade goes to MAG7 holders.
The founder called it his favorite thing Bankr has shipped in a while, and the loop explains why. The more paired coins trade, the more volume flows through the index, and the more the index pays the people holding it.
The caveats are the usual ones for a stock pair. The pool moves with the stocks, divergence applies, and tokenized stocks are only open to eligible users outside the US and UK.
A meme denominated in Big Tech is a strange sentence, and it is now a dropdown in a DeFi launch form.
#RWA #DeFi
$ONDO turned tokenized equities into an RWA category and $LINK feeds their prices onchain. Bankr now lets a meme coin earn in them.
MAG7 pairing is live on Robinhood Chain. Launch a coin on Bankr, choose MAG7 under Pool Pairing, and the pool sits against one index token holding NVDA, AAPL, GOOGL, MSFT, AMZN, META and TSLA.
So the coin's trading fees arrive in a basket of seven tech stocks instead of ETH. And every trade of a MAG7 pair pushes volume through the index, where 0.30% of each MAG7 trade goes to MAG7 holders.
The founder called it his favorite thing Bankr has shipped in a while, and the loop explains why. The more paired coins trade, the more volume flows through the index, and the more the index pays the people holding it.
The caveats are the usual ones for a stock pair. The pool moves with the stocks, divergence applies, and tokenized stocks are only open to eligible users outside the US and UK.
A meme denominated in Big Tech is a strange sentence, and it is now a dropdown in a DeFi launch form.
#RWA #DeFi
