0x18cEA1D64E5d8a4C901C67039568423D637511E8
Robinhood Chain. Open a fund in one transaction or invest in one. Priced onchain, redeemable any time, no lock-ups.
@mumuniaadamu Aum refers to the total money invested in the pool. you can put in $50 and get investors to fork out the remaining $450. Full withdrawal anytime.
Two funds are in Tournament #1: Sontech and Lumipee. Registration is open until 12:00 am GMT+8 tonight, and the prize is $500.
Two rules I want to be clear about before the clock starts.
Size. To qualify for the prize, a fund's positions have to average $500 or more across the week's snapshots. Positions, not cash. A fund sitting on $1,000 in USDG counts as $0 until it buys something. Where the money comes from doesn't matter: the manager's own deposit, investors who back them, or a mix, it all counts once it's invested. If you like a manager's plan, investing in their fund is how you help them qualify.
Numbers. The tournament only runs if at least three funds qualify and stay qualified: registered, above the size rule, and not taken out for loosening the mandate or changing manager. Two entries, or three with one under size, and it's postponed. So the third fund isn't a nice-to-have. It's what makes the event happen.
Right now both entries show $0 invested, because nobody has bought anything yet. That's normal; the first snapshot is at midnight. The Tournament page shows every entry's standing live, and what the remaining days need if it falls behind.
Room for one more manager.
https://t.co/K0BoZWmkj7
NFA. Read a fund page before you put a dollar in.
Registration for Tournament #1 is open right now, and I'm raising the prize.
$500 USDG to the manager with the best share-price return over the week. One winner, paid on chain.
Registration closes tonight, 23 Sept 12:00 am GMT+8. Press Register on the Tournament page at https://t.co/Yd6cu77brk, it opens your fund with the mandate locked and enters you on the spot. Positions must average $500+ across the week, that's the only size rule.
Honest note: nobody has entered yet. That's fine. If you've been meaning to try running money in public, with every trade on chain and the rules enforced by the contract, this is the cheapest week to find out.
Two things I'm building in the meantime:
– a stake-free incentive for $FUND holders. No lock-ups, ever; you hold, you benefit.
– a manager's PnL scorecard, so a track record is one screen, not a story.
Full rules: https://t.co/K0BoZWmkj7
NFA. Read a fund page before you put a dollar in.
Tournament #1 on Hedge Fund. Registration opens tomorrow.
📅 22 Sept, 12:00 am GMT+8 — registration open for 24 hours
🏁 23 Sept → 30 Sept — seven days of trading
🏆 $300 USDG to the manager with the best share-price return
How to enter: press Register on the Tournament page at https://t.co/Yd6cu76DBM. It opens a fund with the mandate "Stocks, ETFs and tokens worth $10M+" locked and registers it the moment it's live. One entry per wallet.
The rules, short version:
– positions must average $500+ across daily snapshots (cash doesn't count)
– scored at the 30-minute average price, so pumps don't move it
– keep the mandate and the manager as they are for the week
– at least 3 qualifying funds or it's postponed
Every trade is on chain and on the fund page. The ranking updates live and freezes itself at the end.
Full rules: https://t.co/K0BoZWlMtz
NFA. Read a fund page before you put a dollar in.
Good morning.
Still putting the final touches on the tournament mechanics. Roughly 15 more hours , the next post will be the tournament update itself.
One thing worth saying before then, so nobody misses it . Registration opens for 24 hours and then it closes, new fund creation is required. No late entries, no re-entries. If you want in, keep an eye on the timeline tomorrow.
While that's cooking I'll share what I'm planning to work on after the tournament.
Yesterday someone found a bug, reported it in the chat, and it got fixed within the hour. That felt right. So I built a proper door for it.
There's now a "Report a bug" link at the bottom of every page. Write what you did and what happened and honestly the fastest way this platform gets solid is you using it and telling me when it doesn't behave. So please do. Five reports a day per wallet.
Thanks to the person who asked. Keep asking.
@_Dot_Crypto_ i will look into it. i think it's fine for now as you can switch to the announcement tab. let me see what can be refined. Maybe a pop out or something for important announcement.
Two small things before the tournament.
Listing a token now costs $5 instead of $10. If you plan to trade something that isn't listed yet, this is the moment to add it.
And a reminder, since new people keep arriving: the plan hasn't changed. Half of what the platform earns is meant to flow back to $ Fund holders once the mechanics are built and tested. Lower fees today, same split later.
NFA. Do your own reading before you put a dollar anywhere.
Someone asked a good question: "Will I know when the manager gets paid?"
Honest answer was: you could work it out, but nothing told you. Fixed today.
Two things:
1. On every fund page, when the share price is above the high-water mark, you now see a line like "Above the mark by 3.2%: about $18 of performance fee settles at the next trade, deposit, exit or checkpoint." You see it coming.
2. When it actually settles, everyone invested in the fund gets a bell notice: how many shares the manager received, what share of the fund that is, and the new high the fund has to beat before they're paid again.
The fee itself hasn't changed. It's still only on new highs, still settled at the 30-minute average price so nobody can trigger it with a one-block pump, still paid in shares. What changed is that you don't have to go looking.
Keep the questions coming.
Some of the people who held the token didn't like where I'm taking this. I chose to build first.
I'm not angry about it. Honestly, I understand. Everyone has a reason for being here and not all of them line up with mine.
Mine is simple. I want this platform to be stable before anything else. Stable means you open a fund on a Tuesday night and it just does what it says. You redeem and the money arrives. Nothing surprises you. That's a higher bar than it sounds, and the only way over it is time, people finding the bugs, and me fixing them one by one. It's not exciting to watch. I know.
Marketing on top of something shaky is a promise I can't keep. Marketing on top of something stable is easy. So stable comes first.
To the ones who left: thank you for the time you gave it, genuinely. To the ones still here: I see you, and I'm not going anywhere.