Testudo, from formation to release.
A design note on how the hedge will live inside EmpireX.
Forming the shield
EmpireX reads the tokenized stocks in your Robinhood Chain wallet. Press Protect, choose 50% or 100%, and the ticket sizes a matching short on https://t.co/Zea3gRyA6G at low leverage. The liquidation price and daily funding are shown before you sign.
Holding the line
Portfolio pairs each stock with its hedge: stock value, hedge value, net exposure, funding paid or received.
If the hedge's margin runs thin, you're told early, not after.
Keeping it in step
Buy or sell shares and the hedge drifts out of size. Portfolio flags the gap and offers a one-click rebalance.
Breaking formation
Unwind closes the hedge with a reduce-only order. Your shares never moved, so there's nothing else to undo.
The hedge is its own position on Hyperliquid. It can be liquidated, and funding is variable.
hey fam, good morning.
i’m working on fine tuning physical asset launchpad and grinding to ship it before @MCGlive
we are also working on:
> rwa perps
> fixing all the issues within the protocol
> working on fine tuning dex for the trading competition
also here’s something I wanted to say:
the tax collected from the token will not be used for buy backs or burns.
the treasury will be used to fuel company operations for a long time until we are sustainable.
the amount of features we have and the number of core protocol parts we have come with multiple operational expenses.
now with the launchpad, licensing, issuers for permissioned dexs etc
and people asking me about a public treasury, no we will not do that. we will use the funds accordingly and whenever needed.
it would be really difficult as there are thousands of different things involved and we can’t always be waiting for people to know and approve.
tokenized real world assets is a very different niche and we need to be sustainable long term.
whatever, we keep shipping.
let’s build for 16 hours straight today, together.
gprism
hey fam, good morning.
{consider this tweet an AMA and ask me anything around prism, tech, utility, robinhood:0x20024e485c0b22b42855589700721b28320a7777 and pls keep it strictly around the product. people who havent even tried opening the website, pls dont ask questions and stay away haha}
today we will work on:
> working on the physical asset launchpad and memecoin launchpad within it
> polishing the protocol and fixing all the issues
> working on polishing prism dex.
and many more, i just listed a few.
we are also working on shifting our focus from marketplace to the launchpad for a while in short term, as marketplace is a long term game haha.
im also working on hiring another dev whos really good but hes not on X, what should i do fam?
pls lemme know your thoughts
im planning to take a break for 4-5 days if the new dev is in hehe
lets build for 16 hours straight today, together
mondayyyyy
hey fam, good morning.
im back!
parity is now live on prism.
parity helps traders find the best price for the same tokenized asset across different issuers and chains.
for example, if you want to buy tokenized $nvda, its price can vary across different issuers, tokens and protocols.
parity lines up those markets, shows you the spread between all of them and highlights where you can get the best price at that moment.
for the same asset with different markets you can find the best price with parity.
this is a very important and useful tool for traders as tokenization is getting spammed by different issuers haha.
today we will work on:
> Dex V2 pools
> finetuning and polishing physical asset launchpad
> finetuning RWA perps for launch (meanwhile you can experiment it around it as its already live, strictly on practice mode pls)
> adding more cool assets and aggregating more liquidity
> kyc plugins and more permissioned pools
and many more, i just listed a few.
btw now that V4 hooks are going viral, pls check out prisms V4 compliance permissioned hook aswell.
few people reported that the website is not working for them and this is an issue with some particular browser they using as prism website is working smoothly on almost all the browsers.
if you are facing any web issues, pls jump into our tg community and give us more details.
whatever, we keep shipping.
lets build for 16 hours straight today, together.
letsgooooo
https://t.co/uRd2IngYvE
hey fam, good morning.
today we will work on:
> fixing bugs and polishing the protocol for trading competition
> working on concepts and finetuning physical launchpad
> working on adding more cool assets and liquidity
and many more, i just listed a few
i took so long to update today as I’m flying back lmaooo haha
we also need to work on permissioned dexs and improving synth pools today.
let’s build for 12 hours straight today, together.
letsgooooo
gm ☀️
thesis stands. robinhood:0x20024e485c0b22b42855589700721b28320a7777 to $1.
@Hash_hopes will be on a couple podcasts next week including @MCGlive. more eyes coming
1/ Prism’s flywheel is simple and volume-dependent.
30% of all protocol revenue is used to buy $PRISM on the open market and burn it permanently.
No volume = no burn.
Real volume = continuous buy pressure.
Breaking down the mechanics: