Introducing Hoodfarm
Get the highest LP Yield on Robinhood by leveraging your positions!
CA: 0x99f5359b422a47E4482b938979d5Af9202531EA4
Tokenomics: https://t.co/KmG2XFpEt6
https://t.co/D1AJbd7rVc
241,817 Uniswap pools have held liquidity on Robinhood Chain.
14,567 of them traded in the last 24 hours.
Finding the few worth your liquidity is the hard part.
Four of the 14 farms on Hoodfarm pair with WETH: PONS, AI, CASHCAT and PARE.
On those you can fund the position in native ETH. The router wraps it in the same call, and unwraps on the way out if you want ETH back.
95 new Uniswap pools opened on Robinhood Chain since Friday evening.
23 of them traded more than $100K in their first day.
One is SPCX/USDG at a 0.025% fee. It did $1.3M.
Shipped on https://t.co/D1AJbd7rVc since last Sunday:
9 new farms, 3 on stock tokens: NVDA, SPY, SPCX
Contract links on every farm and lending reserve
Borrowing defaults to the side the lending pool can fund
Open quotes check the live pool price vs the oracle before you sign
Leverage on Hoodfarm has a direction.
On the SPY/USDG farm, borrow only USDG and your LP leans long SPY.
Borrow only SPY and it leans short.
Neutral borrows both, in your range's ratio.
What you borrow is what you're short.
The closing bell rang Friday at 4pm ET.
Nobody told the pools.
Next 16 hours: $42.3M in Robinhood stock tokens traded through Uniswap V3 and V4 on Robinhood Chain.
155K swaps. $42.1K in fees to LPs.
The two biggest by volume, SPCX/USDG and USDG/NVDA, are farmable on Hoodfarm.
Friday on Robinhood Chain (24h to 15:00 UTC):
WETH/USDG 0.01% traded $446M.
USDG/NVDA 0.05% traded $22.7M.
Per dollar of liquidity, both paid LPs about the same: roughly 48% annualized in swap fees.
About 20Γ the volume, the same yield.
Most people won't realize it for 6 months
Crypto going mainstream - 3.1x growth in new dev teams vs 1yr ago
@RobinhoodCrypto stock tokens driving the surge
Robinhood Chain today, per DefiLlama:
$970M locked.
$40.2B of DEX volume in the last 30 days.
That's the whole chain's TVL traded about 41 times in a month.