Fyber

Borrow fyUSD against tokenized Stocks.
Coming soon on Robinhood

[Fyber @FyberFi]

An explanation from the technical team;

What happened
At launch, 10M FYBER were placed in a one-sided Uniswap v4 liquidity position. Its price range (from the launch price up to 10× the launch price) turned out to be far too narrow for the demand. All 10M FYBER were bought very quickly, so the position ended up holding ETH only.

Once the price moved above the top of the range, the position was closed, as the contracts allow anyone to do. All of its ETH went to the protocol treasury: about 62.7 ETH from the sold FYBER, plus about 2.8 ETH of trading fees.

Where the ETH went
The treasury is fully automated and immutable. It has no owner and no withdrawal function, and nobody can change the order in which it spends funds, the team included. Its first rule is to fund the keeper vault, the contract that reimburses the gas of the bots maintaining the protocol (price updates, settlements).

The keeper vault's gas budget was set far too high before launch, many times above real costs on Robinhood Chain. The vault therefore claimed the entire 65.5 ETH, and none of it reached the FYBER buyback.

What this means
- No hack, no theft. Every step is public and verifiable on-chain, and the funds never left the protocol's contracts.
- Nobody can withdraw this ETH, the team included. The keeper vault is immutable, like the treasury.

KeeperVault https://t.co/xF0BReqcmX

[Fyber @FyberFi]

Liquidations on Fyber have more than one layer of defense.

Stability Pools absorb first.

If they can’t cover the full amount, permissionless liquidators can step in with fyUSD before a shortfall becomes bad debt.

Built for stress, not just normal conditions.

[Fyber @FyberFi]

Few wallets to handle the LP, since the protocol is immuable, we needed to take some supply to be able to add some v3 LP and different V4 to handle the launch properly.
Liquidity is held insinue of the immuable treasury contract, no one can access to it.
Unverified contracts: working on it, as we have a ton of contracts, it takes time to verify them all at the same time. Will be done in due time.
Mintable token: only mintable by a reward function to incentivize LP providers inside of the protocol. Immuable.

[Fyber @FyberFi]

The RWA opportunity gets much bigger once assets become productive.

This is how Fyber is positioning for that next layer. https://t.co/NJqT89wicE

[Fyber @FyberFi]

The thesis only matters if the product can deliver.

Fyber is live with onchain credit, real borrower-funded yield and a value-capture loop built around $FYBER.

[Fyber @FyberFi]

$FYBER is now fully updated on Dexscreener.

All token information is live and ready to track.

https://t.co/PxfgiAAKaJ

More to come.

[Fyber @FyberFi]

Join the Fyber community on Telegram.

Early discussions, product updates, launch info and everything happening around $FYBER.

https://t.co/ng7W7lTK5I

[Fyber @FyberFi]

$FYBER is live on Robinhood Chain.

Built around one simple loop:

usage ��� revenue → buybacks → burn

25% of protocol revenue feeds FYBER buybacks.

CA: 0x07312C2B29989C47572F59f03F24E898B0dC822b

[Fyber @FyberFi]

RWAs don’t need more wrappers.
They need utility.
$FYBER turns tokenized markets into productive capital.

[Fyber @FyberFi]

The pieces are finally coming together.

Stock Tokens. Credit. Real yield. Buybacks.

$FYBER is getting close.

[Fyber @FyberFi]

If tokenized markets scale, trading won’t be the only place value accrues.

Credit, liquidity and yield infrastructure will matter just as much.

$FYBER is positioning itself directly in that layer.

[Fyber @FyberFi]

Tokenization was step one.

We’re building what comes after it.

Productive RWAs, onchain credit and real yield, all designed around markets that never sleep.

[Fyber @FyberFi]

Tokenized stocks are already onchain.

Now they need infrastructure.

We’re building Fyber to turn Stock Tokens into productive capital.

Borrow against your exposure, unlock liquidity and put that capital to work without giving up your position.

Built on Robinhood Chain. $FYBER