Your fees, your assets, your choice. Building the deepest tokenized stock liquidity on @Robinhoodapp , one trade at a time.
0xeEF902ab7a3Ca8d4eF0806810EDF7dA139
$TEAPS is live.
CA : 0xeEF902ab7a3Ca8d4eF0806810EDF7dA139d35e95
Every buy and sell pays a 5% fee in ETH, and 2% of every trade goes straight to holders, paid in the stocks they chose.
Load up to six from the menu, Nvidia, Apple, gold, the S&P 500 and more, and every payout lands in your wallet as exactly that mix.
https://t.co/6mgppJgMBq
The crank that pays everybody has a budget.
Settlement runs at a tenth of a percent of volume by construction.
The keeper takes its gas from that and nothing else.
Epochs only close when the pot is worth far more than the gas to settle them, so costs never eat into payouts.
https://t.co/6mgppJgMBq
Your payout is bought, not printed.
At settlement the adapter takes your accrued ETH and routes it to your picks, up to three hops if that is the better price.
The quote you see on the menu is the same route the keeper uses, pool fees included.
https://t.co/Nz3eka3v0G
Not every address that holds supply is a holder.
The curve, the pool, the launchpad contracts, the token itself and the burn address are all excluded.
Their share is not paid out to anybody. What is left goes to real wallets, which is why your slice is bigger than a plain supply count suggests.
https://t.co/6mgppJgMBq
The protocol's one percent never sits idle.
ETH gathers until a position is worth opening.
Then it splits in half and buys both legs of a pool that already trades.
Full range, so it never falls out and never needs rebalancing.
Those positions are never withdrawn. They keep earning and keep the markets that pay holders deep.
https://t.co/6mgppJhkqY
100,000 tokens. That is the floor, 0.01% of supply.
Cross it and your share accrues by the second.
Nothing to register, nothing to stake.
The portfolio page reads your balance off the chain and shows how close you are and what is accruing right now.
https://t.co/Nz3eka2Xb8
A sell pays holders exactly like a buy.
5% in ETH at swap time, either way.
A red candle funds the next payout just the same.
Nothing is minted and nothing is sold to fund it. The money comes from trading itself.
https://t.co/Nz3eka3v0G
Teaps never sells the token to pay you. The 5% fee is taken in ETH by the pool's hook at swap time, so the payroll adds no selling pressure of its own.
That ETH is what buys the stocks holders chose. Every trade, buy or sell, funds the next payout.
https://t.co/Nz3eka2Xb8
Your share on Teaps is measured in token-seconds. Hold 100K for one second and you earn one second of payroll, hold for a week and you earn the whole week.
There are no snapshots to time and nothing to game. Buying right before a payout earns exactly the seconds you held.
https://t.co/6mgppJhkqY
This is only the beginning for Teaps. The payroll is live, holders are loading their six, and every trade is already paying the people who hold.
What comes next takes it a lot further. A big update is on the way, stay close.
https://t.co/Nz3eka2Xb8
@GonnaPayDro Yes. Connect your wallet or paste your address on the portfolio page and it reads your balance straight from the chain, shows how close you are to the 100K floor and what's accruing. Nothing to register, the payroll tracks every wallet on chain.
The Teaps site is open.
Every buy and sell of Teaps pays a 5% fee in ETH, and 2% of every trade goes straight to holders, paid in the stocks they pick.
Check the menu with live prices, load your six slots and see what your payroll will buy. Every fee, swap and payout is on chain for anyone to follow, epoch by epoch.
https://t.co/6mgppJgMBq
@GonnaPayDro Tap connect wallet. On a phone it opens the site inside MetaMask, Phantom, Coinbase Wallet or Trust Wallet so you can connect right there, and you can also paste any address to check its payouts.
Teaps launches today.
Every buy and sell pays a 5% fee in ETH, and 2% of every trade goes straight to holders, paid in the stocks they pick.
The site is open with live prices on the whole menu, so plan your six picks before the first trade. Turn on notifications to catch the contract the moment it drops.
Soon
https://t.co/6mgppJgMBq
You get the two tokens themselves. Fees are collected in ETH, then at settlement the keeper buys NVDA and AAPL with your share, in the weights you set, and sends them straight to your wallet with nothing to claim. If you ever want plain ETH instead, that's one switch on the slots page.
Teaps is opening soon on @Robinhoodapp .
Every buy and sell pays a 5% fee in ETH, 2% goes straight to holders and 1% becomes liquidity the protocol owns forever.
Load your six slots, set the weights, and every payout arrives as exactly that mix. Your share streams by the second, and every fee and payout sits on chain for anyone to check.
https://t.co/6mgppJgMBq
@joaishim@RobinhoodApp Not routing. Of the 5%, 1% is the launchpad fee on Pons and 1% runs the protocol: development plus the keeper that settles each epoch and pays the swap gas, so holders get paid without spending any gas.