8,838 $SLVR bought back and burned
■ 169 ETH spent
■ ~$3,000/day at current volume
■ 2% of every round
View buybacks in real time: https://t.co/J44ygaQJK9
@unblemishedbean Robinhood Chain is built for tokenized real-world assets and the apps people actually want to use with them. Usage follows utility: great assets, great builders, and plugging it into the Robinhood products millions of customers already use. More to come.
We had the data from running our NVDA vault, so we traced where the volume actually came from
Most of what paid LPs on Robinhood Chain's stock pools was memecoin bots routing through NVDA, and that flow is gone
We wrote four fee hooks to fix it, and they work for any stock pool on the chain, ours included
One click to mine SLVR and collect ETH rewards from every round
- 360% apr
- 50/50 between rewards and backing
- Backing per liSLVR is at 1.64 $SLVR
Easiest way to earn yield on @RobinhoodCrypto
The Community Pool is the easiest way to mine SLVR.
Deposit ETH and the pool mines all 25 tiles every round, with all SLVR it wins permanently locked and auto-converted to liSLVR staked to you.
The bigger the pool gets, the more it wins, and every Payload hit is shared across the whole pool.
https://t.co/xkYsUQNbSD
Over the last few months, we’ve continued to expand SLVR’s product offerings and have consistently brought some of the best yield opportunities across all of crypto, while maintaining sustainability
Mining dividends, staking rewards, liquid rewards, market-making RWAs
All of these together have distributed over $6.5m to holders in just 3 months
Mining will always be our main focus, this new look prepares us for the next phase
SLVR has a new look
The first mining protocol on Robinhood Chain, $SLVR is one of the chain's top revenue-generating protocols, paying $5M+ in ETH to stakers
With liSLVR and RWA vaults growing the mine, the new identity marks our next stage as the yield layer of Robinhood Chain
$5M+ paid to $SLVR stakers in ETH, straight from protocol fees.
Three ways to stake:
■ Permanent lock: 4x rewards
■ Time lock: 1 hour to 4 months, up to 2.5x
■ liSLVR: 4x rewards in a token you can sell, half in ETH, half to backing
Stake once, earn every round.
10,000+ $SLVR in the liquid SLVR vault.
Deposited SLVR is locked permanently and depositors receive liSLVR, with revenue split between ETH rewards and buying more SLVR to grow the backing.
Backing is up from 1 to 1.6057 since launch.
https://t.co/QtDcl7oXWe
Send $SLVR
If you trade on Robinhood chain but don't own any SLVR, you doing it wrong 🥀
Im only staking for ~15 days, re-investing daily earnings + some more and im already at daily $94 dollars lol
I earned $40/day last week, now close to $100
Going till $1k/day 🥂
I think the timeline as a whole is starting to catch on to the massive disconnect between @S_L_V_R_FUN Revenue generation and MC.
There's no better R/R on a Robinhood project that's clearly setup for the long haul.
9,500 $SLVR in the liquid SLVR vault.
Deposited SLVR is locked permanently and depositors receive liSLVR, with revenue split between ETH rewards and buying more SLVR to grow the backing.
Backing is up from 1 to 1.5792 since launch.
https://t.co/QtDcl7oXWe