new product by @TheIndexFi which will fit nicely on @ponsdotfamily - https://t.co/f7VpviX3mw
it deployed couple hours ago so you've never seen this link/screenshots/etc before. everyone benefits:
> pons - new product on top of existing infra
> creators - new narrative, attention
> users - dividends
> index - new cash inflow
and its nice v4 case study. so how this works? tldr - token creators will be able to pay their token holders with dividends in stocks just like Index doing themselves with their holders. so every coin gets a treasury. details:
> a creator picks a basket of tokenized stocks
> chooses how much of the remaining fees go to holders
> gets a deterministic treasury address before deploying the treasury
> launches the coin on @PonsEcosystem and sets creatorFeeRecipient to that address
> $pons escrow starts accruing fees immediately
> the keeper binds the coin and each payout round buys one stock for that coin's holders
so creators are buying a product for their own bagholders: recurring $NVDA, $SPY, $QQQ, $AAPL or a custom stock basket, paid from the coin's own trading fees. whatever share the creator does not send to holders stays claimable by the creator
Indices clips a fixed 10% of everything routed through the treasury. receiver split():
> 50% buys $INDEX through the canonical pool and sends the bought tokens to DEAD
> 50% becomes USDG and goes to the existing USDGBuyerDistributor
> that distributor buys tokenized stocks and pays them pro rata to $INDEX holders
> the buyback itself crosses the existing 3% INDEX hook, adding another stock-buying stream
so the flywheel is:
pons coin volume
→ creator fees
→ stocks for that coin's holders
→ 10% Indices cut
→ 50% $INDEX buyback + burn
→ 50% stock rewards for $INDEX holders
this is how $INDEX rewards stop living off organic $INDEX volume alone. every opted-in pons coin can become an external revenue source
all of this shipped today:
> 19:34:57 UTC - early factory deployment
> 21:23:27 UTC - current IndexTreasuryFactory deployed
> 21:51:23 UTC - protocol receiver deployed
> 21:51:24 UTC - receiver wired into the factory
> 21:56:14 UTC - the current TLS certificate for https://t.co/K7gQXg9nbP became valid
> 23:07:15 UTC - first treasury deployed
> 23:10:29 UTC - first treasury funded with 0.1 ETH
> 23:32:33 UTC - frontend redeployed again while I was tracing it
contracts:
> factory: 0x3450cEdfDD7F1082D766c8B8998C326D3696E8Df
> implementation: 0x6bDc8993Dc922DC32E33A9c654b795AF53005C8e
> protocol receiver: 0x0f5A32F791f536482d5BA27A58749F02c8b0cBbC
> stock distributor: 0x2459DedB3012d1E929EdD17DF26620120bDF11bf
> first treasury: 0xFACA543C31693d504B598222DEafaA59F720C978
i bet you don't get that @ponsdotfamily x @TheIndexFi collab
@MEADGod told that "creator payout will no longer include the deployed token, but the token it was paired with"
1. what if creators will be able to launch tokens in pair with $index and receive not only fees but also distribution of rwa stocks from @TheIndexFi?
2. what if those pairs will also include 3% fee which will bootstrap volumes, distributions and cash inflow to Index? awesome flywheel for both protocol and users
its just my speculations and its not approved since @ponsdotfamily are using v3 pools while you need v4 hooks for those 3% fee taking. if they won't develop new v4 hooks - its still possible that 30% protocol fees will be divided between pons and index which is new inflow for both
launches with $INDEX but using eth routing via index pools also makes sense and adding more value
unbelievable bullish but i still didnt find anything onchain or anywhere else. will update you on this as soon as i'll have smth new
Our next product goes live today.
We've heard the community. A lot of people still see us as just a reflection token. We're more than that.
We're builders. Building is what we love. The core of Index stays the same. Rewards will grow, no longer reliant on volume from the token.
Everything we build works together to strengthen the case for RWAs on Robinhood Chain.
We will be the hub.
Please Brian, mention the coin again, it’s Base SZN bro, please show these niggas what real motion is bro, please just ask Cobie to tweet about it bro, Brian you are my goat for real, wake up Brian please post about it again, I am begging you I need this bro please I am losing it
Robinhood Chain exists to make real world assets programmable, globally portable, and always available, with the product quality you've come to expect from Robinhood.
Because ZEC is complete crap and its anonymity is limited to two tweets from the monkey Mert and other influencers. This coin has nothing to do with privacy. Otherwise, what kind of privacy is there if it's on all exchanges while they're actively trying to remove XMR :)
they announced the bridge will support ethereum, monero and bitcoin networks, and the starter pack can be purchased with eth, btc and xmr. why not zcash or zec? 🤔