$Index should still have room, considering how long it's been shaking out.
- Also, Vlad followed them on X.
- Index describes itself as a "stock dividend protocol for tokenized stocks on Robinhood L2."
SBSecurity 🤝 @TheIndexFi
Proud to be securing one of the most promising teams on @RobinhoodCrypto.
Genuinely novel RWA utility.
Starting next week with their onchain stock baskets.
Stay tuned for the report. 🫡
Already bought back to over 1% on $Index, if we revisit 3m range ill probably make it 2%
in a month or two you're gonna see a lot of posts saying "I cant believe I faded the bottom of index it was so obvious"
from what it seems to me, the team behind $INDEX is building a token creation hub where RWAs, fee splits, and automated revenue routing are built directly into the ecosystem.
they also seem to be upgrading the reward system with a new creator launch + treasury stack, while making distributions safer and harder to exploit.
$INDEX keeps building.
$INDEX needs to reclaim & breakout from this downtrend, failed to push higher since the last bearish trend breakout which isn’t ideal, watching how it reacts here closely
cashcat dipping is dragging the rest of the robinhood coin ecosystem down w/ it since its the main runner for the sector, this is the usual correlation
fundamentally this is one of the more interesting mechanisms i’ve seen this cycle though, over $1.3M in real tokenized stocks distributed directly to holders in a few weeks, they’re the number one stock purchaser on robinhood chain & already whitelisted by uniswap
protocol fees buying actual equities & distributing them continuously to holders is a legit yield mechanism, not just emissions, building real relationships across rialto, pons, uniswap, lighter & robinhood crypto themselves
price action lagging the fundamentals here, this is the kind of setup where the market catches up eventually if they keep executing
one thing that stands out to me with $INDEX is that it’s the only project on Robinhood followed by both Vlad and Fern.
tokenized stocks aren’t a new idea, but this is one of the better attempts i’ve seen so far and it looks like the team has put it together well.
hoping Vlad likes what these guys are building.
i remain bullish on $INDEX.