Tokenized coinbase stock, live on base, composable from day one.
The composable part is the one that matters to us. A stock you can only hold is an asset. A stock other things can be built on top of is a market.
We are building one of those: a pot of it, a thousand seats, and the premium from selling calls against it shared across the herd.
Stocks have been updated
Coinbase Tokenized Stocks are live on Base
- Available 24/7, 365
- Composable across Base DeFi
- Own the underlying share held in a regulated trust, backed 1:1
Live now, with new stocks coming soon
Ends at 140 -> you are up 13. holding was up 40.
Ends at 115 -> you are up 13. holding was up 15.
Ends at 105 -> you are up 8. holding was up 5.
Ends at 95 -> you are down 2. holding was down 5.
The 3 is a cushion, not a floor. you own every dollar of the fall.
A seat is a membership in one pot of tokenized coinbase stock.
The pot sells covered calls against part of itself. The premium is the milk, and it lands in your seat's own bag every epoch. No separate reward token, no points, no emissions. The unit of the market is the stock.
What it costs you, said plainly: selling calls caps the upside. In an epoch where COIN rallies through the strike, the pot makes less than simply holding would have. We publish that comparison every epoch, including the epochs holding wins.
https://t.co/W8xL5OQrIh