@Iamthetachi This thing is wild. It’s basically Pokémon GO but it gives you money. I’m just walking around town while driving some too and just collecting free money which I’m putting right back into the token lol
@Gabriel_Olson Listen, I’m not the biggest fan of AI in fact, I downright hate that it’s a thing… but I would watch the ever loving fuck out of this 100 times.
The Top 10 will change. That is normal.
A token that enters the ranking is bought on the next epoch. It gets the same 10% ETH slice as the other nine. Those tokens still go to holders.
A token that leaves stops getting new buys. It is no longer part of the live basket.
What you already earned does not vanish. If you accrued a token before it rotated out, that amount is still sent to you. The board moves. Rewards still reach you.
Robinhood Chain · https://t.co/fKx0yVPM2q
Your share of the protocol is simple.
It is your LONG10 balance divided by total supply, then multiplied by the tokens the vault just bought. Hold more and your slice of the next payout goes up. Sell and your slice of later payouts goes down.
Those tokens are already purchased, then sent to your wallet. You do not stake. You do not lock. You do not sign up. Holding LONG10 is enough.
Robinhood Chain · https://t.co/fKx0yVPM2q
2.95 percent of LONG10 supply has been bought back and burned.
That is 29.46 million tokens, removed from circulation. At this snapshot that is 0.675 ETH of buybacks across 15 burns.
Every LONG10 buy and sell pays a 2 percent fee. 0.3 percent of the trade is used to market buy LONG10 and send it to the burn address. More trading means more burns. Supply goes down while holders still receive the Top 10.
Robinhood Chain · https://t.co/fKx0yVQjRY
The protocol does not buy more of the number one name just because it is bigger.
Each 15 minutes the vault looks at the ETH it holds and splits it across ten slots. Every slot gets 10 percent. AI and OPEN get the same ETH slice in that window.
If a new token enters the Top 10, it takes a slot on the next buy. If a token leaves, new buys for it stop. The equal 10 percent rule does not change.
Robinhood Chain · https://t.co/fKx0yVQjRY
Every LONG10 buy and sell pays a 2 percent fee. The rate is the same on both sides and it is visible on chain.
1 percent goes to the vault as ETH. That ETH buys the Top 10 for holders.
0.3 percent is used to buy LONG10 and burn it. More trading means more burns and a smaller circulating supply.
0.7 percent goes to the protocol.
There are no hidden extras when tokens reach your wallet. At launch a short extra tax may apply for a little while, then it settles back to 2 percent.
Robinhood Chain · https://t.co/fKx0yVQjRY
LONG10 is a protocol on Robinhood Chain. It is one token that follows the live https://t.co/dDwzngNZYG Top 10.
The rules sit on chain. The protocol reads the ten largest https://t.co/dDwzngNZYG markets by market cap, buys them with vault ETH, and sends each holder a share. You do not pick the names. You do not rebalance ten charts. You buy LONG10 and hold it.
One token in. Ten https://t.co/dDwzngNZYG markets out. That is the protocol.
Robinhood Chain · https://t.co/fKx0yVQjRY