Stonx

A launchpad pairing meme coins with tokenised equities

CA: 0x89d8cb38067b55f820f29a9e12d0ce18682a2bfc

[Stonx @Stonxfun]

Countdown to Tuesday pre-market begins

The LP pools aren't broken. They're sold out

Traders came in across GRND, SPYM and NKE over the weekend and took the lot

Those are @st0x_io equity tokens. Supply is capped by the shares held in reserve:

- Every token is backed 1:1 by a real share held in reserve
- Supply can never exceed those reserves
- Reserves only grow when a market maker buys more shares
- That needs an open US market. Shut since Friday, and Monday is
Labor Day
- So Friday's reserves cap supply until Tuesday

Weekend demand cleared almost all of the minted supply

What's left in the @HydrexFi pools is thin. A small buy moves the price a long way, and that's the slippage you're hitting

Meme pairs on stonx route through the same token supply. Nothing left to reach for, so the impact lands there too

From Tuesday pre-market (4am ET), ST0x market makers rebalance and pull fresh stock from the offchain market. Reserves grow, supply mints, pools refill, price impact normalises

Nothing here is misconfigured. It's a float waiting on an opening bell

[Stonx @Stonxfun]

can't wait to start trading like this soon

[Stonx @Stonxfun]

Trading for FGI has resumed

You know the drill 🫡

[Stonx @Stonxfun]

tFGI is pricing off today and we are aware of it

tFGI is an @st0x_io equity token, not a stonx launch. It is the first penny stock on ST0x and the market makers' systems got the price wrong.

ST0x has said it and its partners are on it and the fix will be in before the US open tomorrow

Any stonx pair against tFGI takes its price from tFGI, so it shows the same gap

Penny stock liquidity is thin near the close. Tomorrow's open is when this clears and we can all get back to it

Thank you

[Stonx @Stonxfun]

tFGI is pricing off today and we are aware of it

tFGI is an @st0x_io equity token, not a stonx launch. It is the first penny stock on ST0x and the market makers' systems got the price wrong.

ST0x has said it and its partners are on it and the fix will be in before the US open tomorrow

Any stonx pair against tFGI takes its price from tFGI, so it shows the same gap

Penny stock liquidity is thin near the close. Tomorrow's open is when this clears and we can all get back to it

Thank you

[Stonx @Stonxfun]

@iamfeel4200 @st0x_io lol

[Stonx @Stonxfun]

FGI Industries went live on @st0x_io today, first penny stock listed where liquidity actually flows automatically between onchain and offchain

$14M market cap, $1.7M trading volume.

Toilets and sinks, thirty years of "product innovation" in kitchen and bath

[ST0x @st0x_io]

Just listed: tFGI

FGI Industries: the first penny stock on ST0x with liquidity that moves automatically between onchain and offchain markets

Thirty years of toilets and sinks, now onchain with the same 24/7 access as everything else on ST0x

1:1 backed, live now

[Stonx @Stonxfun]

@LuciferNox0x @st0x_io pool is up wtFGI is the ticker to buy

[Stonx @Stonxfun]

@Chpl_DegeN @st0x_io @Wendys 🤝

[Stonx @Stonxfun]

wtDNUT, wtPLBY, wtWEN, and wtTR are now live on @st0x_io

you can now launch memecoins for the first time quoted in those stocks

time is now, degens

[ST0x @st0x_io]

4 new assets just went live on ST0x: tDNUT, tPLBY, tWEN, tTR

There's only one chain where you can access them: Base

Can't hold them anywhere else onchain 🫡

[Stonx @Stonxfun]

@basenoun_coin @jessepollak @st0x_io Bang

[Stonx @Stonxfun]

@Moneypaiger @st0x_io Getting it done

[Stonx @Stonxfun]

@onchainlurk @jessepollak @st0x_io @Wendys Love it

[Stonx @Stonxfun]

@LuciferNox0x @st0x_io 🤝

[Stonx @Stonxfun]

@ChadGogginson @st0x_io @basedchad 🤝

[Stonx @Stonxfun]

@Leon_Defi @st0x_io Fun to be had

[Stonx @Stonxfun]

wtSPYM is repegged

Demand for $STONX thinned the wtSPYM side of the pool, which pushed it out of line for a bit. That's closed now, price is tracking SPYM again

Business as usual

[Stonx @Stonxfun]

Market makers are battling buying pressure to bring SPYM back on peg

We will let you know when SPYM is back inline

[Stonx @Stonxfun]

Pre-market is open

Fresh supply is flowing in. Liquidity is resetting now

[Stonx @Stonxfun]

@Master_xrd Yes will get this out today

[Stonx @Stonxfun]

12 hours to pre-market open

Getting close. Liquidity resets as soon as the first shares trade Tuesday morning

[Stonx @Stonxfun]

4 hours to pre-market open

Last stretch. Rebalancing starts the moment the market wakes up