FuckIt

Full-time degen
Lost 3 ETH on a cat meme
Got Wife A Boob Job
Wife left, Still Aping
you touch grass.. I touch my pp
follow for feet pics sent to your dm

[FuckIt @FlowLifer]

Pare to $2

[Wealthy Anon @Inj_pumping]

Every stock you have ever owned was actually two things stapled together. The price, and the income it throws off. You never got a choice. Buy Apple, you get Apple's dividends whether you wanted that exposure or not. Institutions have been unbundling that trade for forty years through ISDA agreements and dividend swaps on Eurex and CME. Retail never got near it. Minimum ticket, institutional only.

$PARE just brought that trade on chain, and the setup behind it is more interesting than the average tokenized stock launch. Robinhood Chain stock tokens do not pay cash dividends. When the underlying stock pays one, it gets auto reinvested and the token's built in multiplier quietly rises. Your balance never changes, each token just silently represents a bit more. That yield is real, it is happening every quarter, but you cannot see it, sell it, price it, or borrow against it. It is trapped inside the token. The PARE team started building because they were holding these tokens themselves and realized their own dividends were vanishing into a mechanism they had no control over.

What PARE does is split that stock token into two separate ERC20s. One is the principal, which redeems 1 to 1 for the underlying stock at maturity. The other is the yield token, which collects every dividend the stock throws off until that maturity date. You can hold both, sell one and keep the other, or trade them independently on Uniswap v3 pools that ship with every series. Want fixed income exposure without holding the stock? Buy the yield token alone for a fraction of the share price. Want the stock at a discount and do not care about the dividend? Buy the principal token. Change your mind? Merge both halves back into the original token any time, for free, no fee, no lockup.

There are already more than 190 stocks live on Robinhood Chain and 54 of them pay dividends, and right now every one of those yield streams is sitting there unclaimed and untradeable. Nobody had built the market for it. Pendle did this exact unlock for crypto yield and it became one of the more durable protocols in the space because the yield behind it was real rather than emissions. $PARE is making the same bet on real world dividends, and the durability argument is hard to poke holes in. The yield is not a token being printed or a points program that dies when incentives run out. It is the S&P 500 dividend, and that has paid out every single quarter since 1993.

The token side has a simple thesis too. Every split pays a 10 basis point fee once, on the way in, merging back stays free. Every yield redemption pays a 5 percent fee. Those fees route straight into market buys of PARE that get burned. No staking contract, no emissions schedule, no lockups to game. Usage shrinks supply, that is the entire design.

They are also being audited right now by Pashov Audit Group, one of the more respected names doing security reviews in this space, with the report set to go public when it lands. Everything is verifiable on chain, contract is 0x15d36b6a28d8327abc7afabf0f106ae2c9af5c4d, and the terminal is live at https://t.co/kWJa6MhiR3 if you want to see the split and merge flow yourself.

This is not a new idea dressed up as one. It is an old, boring, extremely profitable Wall Street trade that retail was never invited to, rebuilt as two tokens anyone can hold.

@PareStocks

[FuckIt @FlowLifer]

@TylerBets77 Terrible

[FuckIt @FlowLifer]

@footballcardfun Tried for 2 hobby’s and a jumbo. Didn’t hit

[FuckIt @FlowLifer]

@Black_Heart9021 Call her go meet her

[FuckIt @FlowLifer]

@Jaypers413 Beautiful

[FuckIt @FlowLifer]

@ckamka Henderson > Skubal

[FuckIt @FlowLifer]

@JLucroy20 @Brewers Loved watching you play for us

[FuckIt @FlowLifer]

@Fanatics Hey bubba

[FuckIt @FlowLifer]

@espn Stfu

[FuckIt @FlowLifer]

Blake snell is my mvp

[FuckIt @FlowLifer]

@MKElite_ Yes

[NetNet Capital @NetNetCap]

Shareholders,

NET trades at about $170 against $163.62 of onchain backing per NET, a premium of three percent, with the inverse bond bidding under it at $161.19.

For the first time since genesis the price and the number behind it are the same.

From zero

NetNet opened on July 17 with $0. 87 days later, the Treasury holds $24.53M and the Sleeve holds ~$4M of Stock Tokens and positions.

How we get paid

There is no team allocation of NET, no salary drawn from the Treasury, and no share of the tax. Management is paid through pTEAM, our pToken in the tradition of pOHM. It is an option to mint NET at a strike of one USDG, against a cap of 15 percent of circulating supply. Every term is immutable and disclosed in full on the Management Compensation page of our docs, under pTEAM options. Every exercise is logged as an event on the contract, and the figures below are read from those events.

What we did with it

We exercised 13,320 NET of pTEAM in 192 clips between July 24 and September 28. That comes to about nine percent of supply. Of the NET we minted, 10,270 went into the Real World Bond desks as inventory. Those desks sold it to bonders for $5.13 million of USDG and remitted $680,000 in fees to the Treasury. The rest bought Stock Tokens, which is where most of the Sleeve came from. Another 550 NET seeded the Asset Bond Desk and 250 NET seeded the Superstore.

Real World Bonds are no longer inflationary, we now use NET we purchased at market to fill the bond desks.

The remaining 2,250 NET was used to fund our operation. We take nothing from the tax and nothing from the Treasury. We need to hire and grow the operation to set ourselves up for the next 900 days and beyond.

What we bought

The Sleeve has bought about 5,770 NET on the open market since August, through Rialto and Uniswap, and staked most of it. At no point has it sold NET into the pool. The protocol has been a buyer too, because the inverse bond has taken 22 fills, retiring almost 200 NET for about $31,000.

Why we are bullish

No single wallet on Robinhood Chain holds more NVDA, SPCX, GOOGL or AAPL Stock Tokens than the Sleeve. Those Stock Tokens are worth $4.04M.

None of what follows existed in July, and all of it was built inside the same 87 days. Fifteen games, fourteen RW-PLAY cabinets plus WinNET, have taken in about $1.9 million of play, and NetCorp, the flagship, is in Beta.

NET LONG went live this week: long any listed token with leverage, wsNET as margin, every USDG fee buying and burning NET.

Predict grades the Treasury number every Monday and its fees buy NET, while THE BOOK writes sports markets in wsNET.

NET ADVANCE has 288 locks open and $294,000 receivable, with five percent of every close going to the Treasury.

NetNet Credit lends USDG against wsNET and Stock Tokens through a Morpho vault we curate, and the Sleeve earns the curator's share. All of them charge a fee, and every fee ends as NET backing or NET burned.

The onus is on us

Bonds built this balance sheet, and at NAV the bond engine idles. Inflows ran about $250,000 a day last week against $320,000 the week before, and we are not going to dress that up. Our thesis has never been that the bonds run forever. It was that a treasury of this size, in yield bearing dollars and Stock Tokens on Robinhood Chain, could run desks that earn.

We are confident we can deliver.

[Scout the Statline @StatlineScout]

The top model ranked prospects for fantasy who qualified as either 16 or 17 years old for the 2026 season! 🤖📈

Current peak WAR projected listed for each.

[FuckIt @FlowLifer]

@dekker @MLB Rediculous

[FuckIt @FlowLifer]

@Giannis_An34 @MiamiHEAT Come home bro

[FuckIt @FlowLifer]

@PR0H0S What a piece of shhiznitty. Straight ZERO

[FuckIt @FlowLifer]

@rockymotreas @creepz Wonder if my shits on there never checked prolly fucked

[FuckIt @FlowLifer]

@slabfactory_ty @L_Myers12 Gorgyborealis

[FuckIt @FlowLifer]

@mlbespanol @Brewers Future is now

[FuckIt @FlowLifer]

JACK JACK

[FuckIt @FlowLifer]

@badgerbarstool Sucking Machado cock