Fomo ETF is live.
CA: 0x2de20bcb8c16f0252d3050aecd19c5d11b622cf4
One vault that owns whatever the highest performing wallets on Robinhood Chain actually own. Ranked on measured returns, not followers.
Deposit ETH or USDG, it buys all six holdings in one tx.
Redeem and every token comes back in kind.
https://t.co/2WXCyk9eyL
FETF holders already get cheaper deposits. Deciding what else it should do, and genuinely asking.
1. Burn it. Vault fees buy FETF and burn. Supply shrinks
every time someone deposits.
2. Pay holders in vault shares. Fees are already collected as shares. Stake FETF, receive them, get index exposure without ever depositing.
3. Staked keepers. Stake FETF to earn the right to set what the vault holds. Slashed if you submit something the contract rejects.
Which one would you guys like?
Most vaults need liquidity when you exit. Someone has to be on the other side of the trade.
Ours doesn’t.
When you redeem, you get the underlying tokens directly to your wallet. No selling, no exit queue, no waiting for a buyer.
The exit works the same whether the market is up 20% or down 20%.
There’s also no reliable cost basis to read.
Users enter with native ETH or USDG, which doesn’t always show up as a token transfer. Any profit figure built from that would require assumptions.
So we measure wallets the same way you’d measure a fund: what the portfolio actually did between snapshots.
No estimated entry prices. No invented PnL. Just observed performance.
We built a vault that tracks the best-performing wallets onchain.
The backtest looked insane: +211% in 14 days.
Then we broke down where the returns actually came from.
Most of the performance was driven by a handful of concentrated positions that happened to run.
That isn’t a skill factor. It’s a momentum bet that landed.
What happens when you deposit?
Deposit ETH or USDG and the vault automatically buys all six assets in a single transaction, weighted to match how the top-performing wallets are positioned.
Instead of managing six separate positions, you hold one token that represents the entire portfolio.
https://t.co/2WXCyk9eyL
The problem with copying good traders:
By the time you can see what they bought, they already own
it. You're buying their entry at their new price.
You're not early. You're the reason they're up.
We built the thing anyway, but that's the part nobody
mentions.
We pulled 1,583 wallets off the chain to rank them.
810 got thrown out immediately. Not because they were bad, because they trade so constantly there's no readable history to score. Bots.
More than half the "traders" on this chain are software.
Two things went live:
You need 500,000 FETF to deposit. That's it, that's the
gate. And the more you hold, the less you pay:
0.30% - normally
0.20% - at 500k
0.10% at 1M
free at 2M
Leaving is always free, whatever you hold.
https://t.co/7Y4glRDvaB
Redeeming from most vaults means someone has to buy what
you're holding.
Ours just hands you the tokens. Straight to your wallet.
No queue, no waiting for a buyer, works exactly the same on a bad day as a good one.
Copying good traders sounds easy.
Leaderboards can be faked. Screenshots prove nothing. And picking one trader means hoping they stay good.
So we stopped asking and started measuring what wallets actually hold.
https://t.co/7Y4glRDvaB
There is also no cost basis to read.
Users pay in native ETH/USDG, which never appears in a token transfer. Any profit number built on it would be invented.
So wallets get measured the way a fund is measured: what the book did between snapshots. Nothing estimated.
https://t.co/2WXCyk9eyL
Introducing "Fee Tiers"
Deposit fees in the vault scale with how much you hold.
0.30% - Base
0.20% - at 1M FETF
0.10% - at 10M
free - at 50M
Live and charging on chain.