I’ve been thinking a lot about stock quote tokens lately.
Initially, I wasn’t sure we needed them. Flap already had Stocks Vault, and stock-paired tokens had been explored elsewhere.
But eventually I realized the stock pair itself is only the starting point.
On Flap, trading taxes can always been used to:
(1) reduce supply over time,
(2) reward holders with stocks, or
(3) continuously add liquidity, reducing the impact of larger sells.
Different communities can choose different combinations depending on how they want to build.
That’s the real reason we added stock-paired liquidity pools. Once stocks become the base quote asset, you can start building an entire programmable token economy around them.
Feels like we’ve opened a new Pandora’s box of RWA tek.
Still early, but very fun to explore.
I’ve been thinking a lot about stock quote tokens lately.
Initially, I wasn’t sure we needed them. Flap already had Stocks Vault, and stock-paired tokens had been explored elsewhere.
But eventually I realized the stock pair itself is only the starting point.
On Flap, trading taxes can always been used to:
(1) reduce supply over time,
(2) reward holders with stocks, or
(3) continuously add liquidity, reducing the impact of larger sells.
Different communities can choose different combinations depending on how they want to build.
That’s the real reason we added stock-paired liquidity pools. Once stocks become the base quote asset, you can start building an entire programmable token economy around them.
Feels like we’ve opened a new Pandora’s box of RWA tek.
Still early, but very fun to explore.
Microsoft edge has its own dino easter egg. If you go to microsoft edge browser and type in edge://surf (you can do this offline or on the internet) you can play a game kind of like subway surfer.
This is a pretty cool easter egg, and I can't believe no one has posted about this before. Go check it out for yourself
@bankrbot
launch a token called Sock & Pussy 500 With ticker $SP500 paired with
$SPY
on Robinhood chain. Use the attached image as the token logo Make the description: The People’s S&P 500 on-chain. Paired with
$SPY
to bring Wall Street’s biggest benchmark to the blockchain — where the real gains never close.