DeStocks has no liquidation engine. Not a feature we turned off. There is nothing to build.
Every position is fully collateralised the moment it is written. A short call locks the tokens. A short put locks the USDG. The contract never lends anything, so there is no health factor, no margin call, and no cascade when a stock gaps.
The worst case for a writer is the outcome they already agreed to: sell at their strike, or buy at their strike. Both are priced in before the trade.
35 markets. https://t.co/eTIHjuiwsz
A thing almost nobody checks about Robinhood stock tokens.
They don't pay you a dividend in cash. They accrue it into a multiplier on the token contract. 8 of the 35 markets we list already carry one. SGOV is at 1.0051, ORCL 1.0022, NVDA 1.0008.
So the token and the underlying share are not the same price. SGOV trades at $101.03 while the share is $100.51.
Every strike on DeStocks settles on the Chainlink feed that already includes the multiplier. A split or a dividend moves the multiplier, never your balance, and an open position stays whole.
Read it yourself: uiMultiplier() on any of the token contracts.
Why DeStocks has no exercise window.
A short call locks 1 NVDA at a $225 strike. It expires at $253. The contract reads Chainlink once and splits the collateral: (P−K)/P = 11.07% goes to the long, the rest stays with the writer.
The long gets 0.1107 NVDA, worth $28, exactly the intrinsic value. The writer keeps 0.8893 NVDA, worth exactly $225, exactly the strike.
Nobody brings cash. Nobody has to remember to exercise. An option that finishes in the money cannot expire worthless because someone was asleep.
Puts work the same way in USDG: (K−P)/K.
How to write your first call on DeStocks, 60 seconds:
1. https://t.co/eTIHjuhYD1, connect wallet on Robinhood Chain
2. M02 Write: pick the equity, SHORT CALL, a strike, an expiry
3. Set your ask (we show 1% of spot as a reference)
4. Approve, write. Your offer is on the book.
Buying one is three steps: pick an offer, enter size, pay in USDG. At expiry you're paid automatically if it lands in the money.
35 markets on DeStocks, every one a Robinhood stock token with a live Chainlink feed.
$NVDA $AMZN $MSFT $GOOGL $META $AMD $TSM $COIN $TSLA $MSTR $PLTR $ORCL $GME $INTC $MU $ASML $SPCX $CRCL $IONQ $RKLB $NBIS $SPY $CRWV $SNDK $RGTI $QQQ $AAPL $BABA $CLSK $DELL $USAR $EWY $SLV $USO $SGOV
Write a call or a put on any of them. Weekly expiries, automatic payouts.
https://t.co/eTIHjuhYD1
35 markets on DeStocks, every one a Robinhood stock token with a live Chainlink feed.
$NVDA $AMZN $MSFT $GOOGL $META $AMD $TSM $COIN $TSLA $MSTR $PLTR $ORCL $GME $INTC $MU $ASML $SPCX $CRCL $IONQ $RKLB $NBIS $SPY $CRWV $SNDK $RGTI $QQQ $AAPL $BABA $CLSK $DELL $USAR $EWY $SLV $USO $SGOV
Write a call or a put on any of them. Weekly expiries, automatic payouts.
https://t.co/eTIHjuhYD1