another day, another 10-yr spike
market doesn’t care, $SPY up 0.45%
its an AI capex or bust story now and high yields are just a part of it
i mean if the market is basically at ATH with yields like this…what happens to stocks if yields actually come down in 2027?
Note Hook is a rebase-native market engine built with @Uniswap v4 hooks.
The base fee is 1%. During the 60 minutes before Rebase, it rises on a square curve to a 3% cap, then returns linearly to base over the next 15 minutes.
100% of collected fees are converted into robinhood:0x117cc2133c37b721f49de2a7a74833232b3b4c0c and added to the protocol reserve.
The market trades.
The reserve grows. 📜
Markets discover prices.
The rules precede the market. 📜
We publish $rSPY’s monetary policy before the first trade.
Coming soon to @RobinhoodCrypto Chain.
Markets discover prices.
The rules precede the market. 📜
We publish $rSPY’s monetary policy before the first trade.
Coming soon to @RobinhoodCrypto Chain.
Meet Note Hook: a rebase-native market engine built with @Uniswap v4 hooks.
As rSPY moves away from the SPY measure, trading fees rise with the deviation.
Every trade builds the SPY reserve.
Something is taking shape around robinhood:0x117cc2133c37b721f49de2a7a74833232b3b4c0c: a market with its own monetary policy. ����
In 2019, @AmpleforthOrg launched $AMPL — elastic supply around a dollar target.
Note takes that idea to the $SPY Stock Token on Robinhood Chain:
- SPY sets the measure. 📜
- Rebase moves the supply.
- Trade builds the reserve.
.@RobinhoodCrypto Chain has crossed $1B in TVL.
robinhood:0x117cc2133c37b721f49de2a7a74833232b3b4c0c is now its largest Stock Token by onchain value.
The liquidity is here.
The measure is set.
Next comes monetary policy. 📜