Let me sell you PARE in a few paragraphs.
Every stock is coming on chain, whether Wall Street likes it or not. Robinhood is doing it now. When they do, every one of those shares carries a dividend nobody can do anything with. That's the biggest untouched yield in crypto and it's sitting in wallets doing nothing.
We built the market for it. First four stocks are live. The rates layer for tokenized equities is a category, and we're standing in it before anyone has noticed it exists.
Why you use it: your Pfizer pays 6% a year. Sell the dividend today and keep the shares. Or buy the share at a discount and lock 6% fixed, on chain, no leverage, no lockup. Stocks have never been able to do this. Now they can, and it's a simple click.
Why you add to the LP: a pool that pays 0.3% of every trade plus 100 USDG a day (currently running in our Merkl campaign), split between a handful of wallets, on a chain that's about to get every ticker Robinhood lists. You are early in the way people say they wish they had been.
Why a startup: because the big guys can't move like we can. Brokers can't build derivatives on the stocks they list, the big yield protocols are built for crypto yield, and banks only do this for institutions in size. That leaves the door open, and small teams walk through doors. We shipped a pool, an audit, ETH routing and a listing in a few weeks. Coming: a second audit starting the 23rd, then our first series that pays every month, then an app your Gran will be able to use. We're a small team that ships daily on a chain that's growing weekly, in a category with no ceiling.
Every stock. Every dividend. One rates market. We're building it in the open, and it's live now.
https://t.co/N5QgFT21Z1
@Divvy0x hey thanks for the quick response.
regarding the merkl rewards, i also got problem with the page. it always says chain not reachable. already tried refreshing and several browsers.
IF they could execute what they have been communicating so far, i have no doubt robinhood:0x15d36b6a28d8327abc7afabf0f106ae2c9af5c4d will be at least top #200 MC
Keep going @PareStocks
Robinhood put the stock market on a chain. We built the dividend market next to it.
What PARE is, why it wins, and what it could become. The mechanism, the market, the numbers, and the risks. https://t.co/EDbtwDEA5i
@dojjunn@Cheytax_1@cemynotes@TradingDiary2 Dulu semi mau invest di indo ditolak karena tidak padat karya, sekarang industri semi booming lgsg nyesel. Skrg DC dapat penolakan juga, mungkin nanti nyesel lagi.
im a big fan of HL, jeff, & shoku
they are excellent
I have noticed though a certain class of .HLs, who are obviously new here, disrespect toly in increasingly cheap ways
toly is a monumental mind in the trajectory of crypto
ppl dont remember now but there was a long and aggressive period of time where we had to fight every single day, for years, to show that actually you CAN scale crypto to planetary scale and that the ethereum way is not the only option
this took an immense amount of work in spite of tremendous setbacks and many near death moments but now the engineering bar in crypto is meaningfully different than before toly. solana has created hundreds of new startups and businesses
the dude is rich beyond belief, has nothing left to prove, and instead of checking out like 99% of people here, shows up every single day and has fun doing it
you can and should criticize many things about solana, but personal attacks against one of the very rare instances of a missionary founder is unserious and will do nothing but give solana founders free and limitless energy