Packyard

Market for stock positions with funded ETH exits on @RobinhoodCrypto Chain. open, claim, or repack.
0xe135cBdE6A93Fd10A6D0c63703D2D919cB02f3De

[Packyard @packyard_]

$PACKYARD is live.

CA: 0xe135cbde6a93fd10a6d0c63703d2d919cb02f3de

A market for stock positions with funded exits on @RobinhoodCrypto chain. Deposit a tokenized stock, back it with ETH, set a standing bid between 80 and 95 percent of that backing. A passport with a serial number tracks the position through every change of hands.

The exit was never a promise. The capital that buys it back was already inside the contract before the position ever went live.

Open it, claim it, or repack it.

https://t.co/Wq8MNBPom8

[Packyard @packyard_]

Open a position, see what came out, then decide.

Claim the shares, take the funded ETH bid, or add backing and list it
again one generation up.

HOODx on Robinhood Chain. Fitting.

[Packyard @packyard_]

Every tokenized equity product does the same thing. You buy the stock,
you hold the stock, you sell the stock.

PACKYARD wraps the stock into a position that also carries ETH backing
and a standing bid, then makes you choose an exit after you open it:
claim the shares, take the funded bid in ETH, or add backing and list
it again one generation higher.

The floor is on-chain before you open. The upside is still a stock.

That's the whole product.

[Packyard @packyard_]

Dex Paid:

[Packyard @packyard_]

Dev Supply Burned:
https://t.co/nrdB4HTzBL

[Packyard @packyard_]

Introducing PACKYARD.

A market for tokenized stock positions with pre-funded exits. Deposit a stock token, add ETH backing, set a standing bid at 80 to 95 percent of it. The market mints a passport with a serial, and the position goes live.

Claim the stock, take the funded bid, or repack it and list again.

Coming to @RobinhoodCrypto Chain.

[Packyard @packyard_]

▲ the stock sits in the contract, not in a promise
▲ the ETH behind it is locked before anyone can open it
▲ the bid is funded at 80 to 95 percent of that backing
▲ the passport carries one serial from listing to exit
▲ every transition emits an event under that same serial
▲ payouts are credited, then withdrawn, so a failed receiver blocks nobody

Six lines, one position.

[Packyard @packyard_]

Selling a tokenized stock today means waiting for someone to want it at your price.

A position with a funded bid does not wait. The capital that closes it is already inside the contract on day one, put there by the person who created the position.

One of these depends on a counterparty. The other depends on a balance.

[Packyard @packyard_]

This is what one position looks like when it is created.

Stock token in. ETH backing behind it. Standing bid locked. Passport minted with a serial that never changes, even after the position changes hands.

Generation 01 starts there.

[Packyard @packyard_]

The rails are here. Tokenized stocks settle in a block.

What is still missing is everything around the position: the capital behind it, the price someone will pay for it, the record of what happened to it.

That is the part we are building.

[Robinhood Crypto @RobinhoodCrypto]

Robinhood Chain just crossed $1B in TVL.

Thank you to every builder in the ecosystem.

[Packyard @packyard_]

Every exit is pre-funded. There is nothing to find later.

A normal marketplace needs a buyer to show up. Here the ETH that buys your position back is locked in the contract before the position is even visible.

The bid is 80 to 95 percent of the backing. It does not move, it does not expire, and it does not depend on anyone's mood.

[Packyard @packyard_]

One position holds three things: the stock, the ETH behind it, and the bid that buys it back.

Deposit a tokenized stock, add ETH backing, set a standing bid between 80 and 95 percent of that backing. The market mints a passport with a serial number and the position goes live.

Building on Robinhood Chain.

[Robinhood Crypto @RobinhoodCrypto]

ICYMI: Bitstamp’s X handle is now @RobinhoodCrypto.

This is where you'll find updates on Robinhood Chain, Wallet, Bitstamp's institutional suite, and more.

If you need support please tag:
Bitstamp → @bitstampsupport
Robinhood → @AskRobinhood

[Packyard @packyard_]

A stock position that already knows its exit price.

Not a listing. Not an order book. The buyback is funded the moment the position is created, and it sits in the contract until someone takes it.

Robinhood Chain. Soon.