skobro

digging stuff

[skobro @_skobro]

robinhood lists pons. vlad buys the nft, changes his pfp to it, drops a follow to the account.

28M retail users discover you can earn stocks passively just by owning a weird pixel image. pons partnership with stackers goes mainstream overnight.

pons flies to 500M. stack floor does 100x.

possible?

[Stackers @StackersXYZ]

Three honorary 1/1s in Stackers.

Ozzy, Stacker #657 @MEADGod
Unipcs, Stacker #2853 @theunipcs
Vlad, Stacker #1163 @vladtenev

🫡

[skobro @_skobro]

take the chance while the path is not clear
eventually, you will get rewarded

[skobro @_skobro]

robinhood lists pons. vlad buys the nft, changes his pfp to it, drops a follow to the account.

28M retail users discover you can earn stocks passively just by owning a weird pixel image. pons partnership with stackers goes mainstream overnight.

pons flies to 500M. stack floor does 100x.

possible?

[Marcus @Marcus_Earle]

“The engine was never meant to run on trading fees alone.” https://t.co/T49Cn8s2v7

[skobro @_skobro]

@Marcus_Earle well written ser

[skobro @_skobro]

solana broke $100, volume's heating up onchain, robinhood eco pumping like crazy. this might be the real start of the bull run.

but there's also a scenario where we get a local top onchain and a bull trap toward the end of the year. keeping that in mind and positioning accordingly.

[skobro @_skobro]

@Lamsito_eth check $BACKED la meca est très intéressante et le dev ship non stop depuis 1 mois

6 sources de revenus qui ajoute de la valeur au vault. si tu compares aux autres projets et à leur trésorerie il est très sous évalué

[skobro @_skobro]

@rbthreek goated

[OhMyJack @OhMyJack]

Update on the valuation gap:

When I first posted this:

$INDEX: ~12M
$BACKED: ~110K

Today:

$INDEX: ~17M
$BACKED: ~500K

So $BACKED is already up ~4.5x, while $INDEX moved ~40%.

But the valuation gap is STILL massive: ~34x.

And nothing about the original thesis has changed.

Both are playing the tokenized stocks / RWA narrative on @RobinhoodCrypto.

The difference is in how value compounds.

$INDEX distributes stocks to holders.

$BACKED uses activity across its ecosystem to grow a treasury of tokenized stocks that backs the token itself.

More volume → more fees → more stocks in the treasury → more intrinsic backing.

And the team keeps shipping:

• @Uniswap v4 Hook
• Governance powered by @rialto_xyz
• Perps DEX powered by @Lighter_xyz
• Prediction Market
•Basket you can your creator fees at a basket works with coins launched on @ponsdotfamily or @TradePools
• Spend you can use your tokenised shares, spent on gift cards, eSIM data and mobile top-ups. 2,249 brands

Multiple products feeding one treasury.

The market has started closing the gap $BACKED went from $110K to $500K but at $500K vs $17M, we’re still talking about a ~34x valuation difference.

Also compare it to $NET reserves ( ca down below) are 1/21, $BACKED reserves are 1/5.

0xca9c78dd337a67f6e0077f65f5e9218719d30edf

Make it make sense.

The first repricing happened.

I don’t think the market is done.

$BACKED
CA: 0x7168563B0E70124f0C7c0cF2F13a8D1861BAf4A5

$INDEX
CA: 0x56910D4409F3a0C78C64DD8D0545FF0705389870

[skobro @_skobro]

@OhMyJack undervalued still

[skobro @_skobro]

how $BACKED actually feeds its vault

-3% eth tax on every buy and sell
-5% fee on redemption
-baskets: keeps 10% of fees routed through this feature
-fees from the perps product (built on lighter) buy more stock into the vault
-fees from the prediction markets do the same

curious to see what feature the dev ships next

[skobro @_skobro]

a short breakdown of how the @isBacked_ vault mechanism works, and how it differs from a simple fee-redistribution model.

Covers the core vault mechanism only, not the other revenue streams that also feed it

[skobro @_skobro]

hopefully you did't play it like me as i sold the bottom

early not wrong ig

[skobro @_skobro]

after buying delta, i’m now positioned on $bow, the “aave” of rh chain. i want to go deep into robinhood chain because the ecosystem is still building its foundations for the future. cashcat’s listing has been announced, but the chain is built for utility like rwa and defi. that’s why i’m exposing myself to every serious project.

[Red Crypto Web @RedCryptoWeb]

Right now, we’re exiting the accumulation phase for $BACKED
I still don’t understand why no one is paying attention to the potential of this mechanic.

The token with a similar mechanic is $INDEX; undoubtedly, it was the first on #RobinHoodChain to come up with the idea of tokenized stocks.

But first ≠ best.
Evaluate the market cap: $BACKED – 250K, $INDEX – 7.4M.

Assess the mechanics (I described them in detail in my posts).
BACKED IS A STORAGE that accumulates value.
INDEX is the distribution of assets among holders, followed by a sale.

[skobro @_skobro]

a short breakdown of how the @isBacked_ vault mechanism works, and how it differs from a simple fee-redistribution model.

Covers the core vault mechanism only, not the other revenue streams that also feed it

[skobro @_skobro]

@DoubleBackedd @isBacked_ wen triple backed release?

[skobro @_skobro]

@saylor

[skobro @_skobro]

family winning @ponsdotfamily

[skobro @_skobro]

@thokani gud tek

[skobro @_skobro]

pons hit 100M already. another feature for stackers meaning another revenue stream.

100K milestone paid to holders crossed
higher very very soon

[Stackers @StackersXYZ]

RWA isn't just stocks anymore

The Stackers Gacha is live

Spend your hourly earnings on packs of real graded Pokemon and One Piece cards, vaulted and insured. Packs from $25.

Sell the slab back instantly and the money lands back in your wallet, keep it in the vault, or claim the real NFT to your Solana wallet and even redeem the physical card.

Your earnings in, real assets out. Powered by @Collector_Crypt

https://t.co/41V4h5MHXO

[skobro @_skobro]

@Stonkifacts can you pay dex pls ?

[skobro @_skobro]

@terzified @ponsdotfamily family always win

[skobro @_skobro]

at the end of the day it's just a game of attention

sticking to the trend

[lesabre @lesabrefomo]

the idea behind "new coin good" also applies to metas

a new meta will (almost) always provide a much better risk to reward setup

old
- L1s
- memes
- launchpads
- dexes
- defi
- laundry list of others

new
- deAI
- gacha
- proof of useful work
- v4 hooks
- tokenized collectables
- agents
- perps
- ownership coins/futarchy

There is nuance tho because sometimes the 2nd time around for a meta ends up being the real wave and the 1st wave was too early. But some metas are clearly "dead" (l1s, defi, dexes)