Catchers,
The treasury has accumulated $11,200 to its records
Before the $CATCH token even existed we wanted to prove our model and built a Catch reserve of $2,570 from the initial 10 cAsset markets
What we have built can be applied to any onchain market
Tomorrow we will unveil the mechanism with $CATCH
More to follow
Catchers,
Pushing updates to both the frontend and backend indexer
Dexscreener has been paid
$CATCH is the value capture mechanism of the protocol
Catch will have its own reserve market which will be fuelled through the supply we purchased at launch
More to come
Ten cAsset markets are now live on Robinhood Chain
Gold. Silver. Equities. Funds. ETH. PONS.
Fixed supply
Isolated reserves
Trading fees build backing holders can redeem
Any market can be caught
Explore the first ten: https://t.co/grzwRUNeur
our GitHub is now live
https://t.co/8i7781AGZd
we’ll be continually updating this repo with each cAsset family including our planned multi-chain expansions
more soon
Every trade in a Catch market builds the reserve behind its coin.
A share of each buy and sell goes into a reserve held in the asset being traded, and only that market's coin can redeem it.
Why we built it, and where it goes next. https://t.co/IoNSbjXH4I
Every trade in a Catch market builds the reserve behind its coin.
A share of each buy and sell goes into a reserve held in the asset being traded, and only that market's coin can redeem it.
Why we built it, and where it goes next. https://t.co/IoNSbjXH4I
Catch is adding markets
Every market earns is its own isolated reserve. Every trade pays a fee that locks into it, and the coin is only released as trading earns it
The family expands first. The Catch token follows
cGOLD is live on Robinhood Chain
0xb44e29A0540c48054d9CaEc192CdBB18c68398eC
The first Catch market. Many more to come.
Fixed supply. An isolated GLD reserve. Rails for value capture across tokenised markets.
$1,800 GLD in the isolated reserves.
1.2% of active cGOLD supply burned.
Explore: https://t.co/UqWFtGQ83T
We’re also exploring a role for cAssets in a future CATCH token.
A gold market with its own backing
Fees from every trade, paid in GLD, lock into an isolated reserve. The reserve sits apart from the market and exists for one thing: to grow and be redeemed against
cGOLD soon
The release is fixed before anything opens.
900,000 cGOLD leave through 64 steps, and each step offers less than the one before it.
cGOLD. Launching on Robinhood
One million cGOLD.
There will never be another.
900,000 are released through a fixed curve. 100,000 open the market. Nothing mints after that.
Launching on Robinhood Chain
Catchers,
Market Circular 001.
One million cGOLD. Never another.
900,000: fixed 64-step release. 100,000: separate cGOLD/GLD market.
Collected GLD-side fees build the isolated reserve.
Redemption burns cGOLD.
The ledger opens at launch.
https://t.co/9kxfLCVzaO
100,000 cGOLD starts a Genesis market
900,000 cGOLD sits behind a fixed 64-step release curve
A uniswap v4 hook builds an isolated GLD reserve from trading
Burn cGOLD to redeem its share of the GLD available
Most markets only discover a price
Catch markets build a reserve
The first flagship market is cGOLD on Robinhood chain
A gold market with its own backing
The countdown is on
4 September
// 15:00 UTC
// 16:00 London
// 11:00 New York
https://t.co/9kxfLCVzaO