oolong

Perps on Robinhood Chain. Up to 1000× · lose a trade, get $OOLONG · provide liquidity and earn. Fair launch.

[oolong @oolongperp]

@vladtenev Robinhood Chain didn't have a perps exchange, so we built one 🍵

Oolong: up to 1000x on BTC, ETH, BNB, XRP and SOL
lose a trade and you still get OOLONG back, bought at market for you

live now. come try it

[oolong @oolongperp]

@vladtenev Robinhood Chain didn't have a perps exchange, so we built one 🍵

Oolong: up to 1000x on BTC, ETH, BNB, XRP and SOL
lose a trade and you still get OOLONG back, bought at market for you

live now. come try it

[oolong @oolongperp]

most perps take your loss and say bye

Oolong gives 7% of it back in OOLONG 🍵

1000x, Chainlink prices, one click, Robinhood Chain
https://t.co/a3jlOnDC9a

[oolong @oolongperp]

1. lock OOLONG to share the protocol's ETH: 50% of perps trading fees + 20% of each new LP pool high, split every 12h
2. buyback & burn: Uniswap fees and pool profit buy OOLONG and burn it, so supply only goes down
3. every losing trade buys OOLONG for the trader, so trading itself creates demand

fixed supply, no mint

[oolong @oolongperp]

@vladtenev Robinhood Chain didn't have a perps exchange, so we built one 🍵

Oolong: up to 1000x on BTC, ETH, BNB, XRP and SOL
lose a trade and you still get OOLONG back, bought at market for you

live now. come try it

[oolong @oolongperp]

Friends, you can TRADE with up to 1000x leverage on https://t.co/a3jlOnE9YI 🍵

turn $1 → $1,000 position BTC · ETH · BNB · XRP · SOL on Robinhood Chain

liquidation at -0.05%, so size it like you mean it and if it goes wrong, you get OOLONG back

[oolong @oolongperp]

OOLONG day one 🍵

$131.6K volume
$29.8K open interest
14 trades from 9 traders

1.08M OOLONG burned ($789 buyback)
12.7K OOLONG bought for traders who lost

we're just getting started

[oolong @oolongperp]

🩷

[MrHubz | Σ: @0xMrHubztick]

Got an interesting one here

Perps platform on RH launched by the $UPEG @unipegv4 creator @0xhadrian

Splashed a little, could be worth a bid...
@OOLONG @oolongperp

[oolong @oolongperp]

lost a trade on Oolong? you still get paid 🍵

BTC long 1000x liquidated: -$23.07
7% of the loss bought OOLONG at market: +2,726 OOLONG straight to the wallet

no claim button, it's automatic

[oolong @oolongperp]

OOLONG liquidity burned 🔥🍵

proof: https://t.co/qXKPaWXdAz

[oolong @oolongperp]

1/ locking OOLONG, explained 🍵

2/ where the ETH comes from: 50% of every perps trading fee and 20% of each new high of the LP pool (40% once protocol liquidity passes 2,000 ETH). real trading, no emissions

3/ how it's shared: in 12h epochs, among everyone whose OOLONG was locked for the whole epoch, by size

4/ timing: a new lock waits out the current and the next epoch, then shares from the 3rd. claim each epoch's ETH once it ends

5/ unlock whenever you want. if nobody is locked in an epoch, its ETH buys back and burns OOLONG

6/ rewards depend on trading activity and can be zero. nothing here is a promise of return

[oolong @oolongperp]

why does OOLONG have two pools? 🍵

Uniswap pool: for everyone. wallets, aggregators, charts. 1% of every swap goes to the protocol: liquidity, buyback & burn

in-house pool: for the protocol itself. it buys OOLONG for traders who lost (7% of every loss), runs the buyback & burn, and its starting liquidity is locked forever

protocol buys are capped per second, so nobody can sandwich them

arbitrage keeps both prices in line

[oolong @oolongperp]

OOLONG perps are live 🍵

21 ETH (~$48.9k) in the pool, ready to take your trades
BTC · ETH · BNB · XRP · SOL, up to 1000x

want to be on the other side? add liquidity to the pool and share in its trading results and holding fees

risk: when traders win, the pool pays

[oolong @oolongperp]

OOLONG launches today at 6 PM UTC 🍵

CA:
0x1BBE97fDb803AD21A7168Dd549727881eaC58347

Chain: Robinhood Chain

Anti-sniper: 90% tax at launch, down to 1% over 3 minutes

Perps go live shortly after the token

[oolong @oolongperp]

0x1BBE97fDb803AD21A7168Dd549727881eaC58347

[oolong @oolongperp]

60 minutes🙏

[oolong @oolongperp]

//tea ceremony
//live Oct 26 · 6 PM UTC

[oolong @oolongperp]

the OOLONG flywheel 🍵

buy on Uniswap
↓
part becomes protocol liquidity, part buys back and burns OOLONG
↓
more liquidity = bigger trades on Oolong perps
↓
more trading = more fees and pool profit
↓
fees and profit flow to buyback & burn and to OOLONG lockers
↓
7% of every trading loss buys OOLONG for the trader
↓
less supply, more holders, more buyers on Uniswap

and around again

[oolong @oolongperp]

//tea ceremony
//live Oct 26 · 6 PM UTC