Stratton

The penny stock market, on-chain. Bootstrapped by @RobinhoodCrypto.

[Stratton @strattonmrkt]

First improvements on factory are already in.

We’re gonna be working through the night to get everything tightened up.

Can’t wait to see what you guys will cook on Stratton.

[Stratton @strattonmrkt]

What’s gonna be the first coin to cook on Stratton?

The most mentioned penny stock will be the next one we mint.

Sell me the pen.

[Victor τ/acc | X Ventures @VictorOnChain]

Few points to take into account after today launch :

- MM activity is hard to maintain manually, the next steps for us is to automate via API the arbitraging of the stock on Interactive Broker to keep the pool balanced at any time, especially during volatility moment

- The first meme coin launch didn't migrated directly and needed a manual approve from the creator to launch, this will be fixed asap

- One sniper bundle a big portion of the supply of the first memecoin, we will add a max supply per wallet during the graduation

- On the transparency regard, I will check if our MM can mirror the stock they have in reserve through their broker. Most funds are doing it monthly or quaterly, which I guess is too long for the trenches. We are working on a solution and I'm open to any feedback to help make the product and launchpad better.

Good things take time, we know that robinhood would not directly list penny stock as they are highly illiquid. We are bringing those penny stock on-chain and we are welcoming all creators who would like to launch any penny stock on our infrastructure, my DM are open.

Keep building

https://t.co/xkAv9ixunj

[Stratton @strattonmrkt]

@OGDfarmer @ManaMoonNFT @dexscreener We're going to get that fixed. In the meantime, don't click any links there.

[Stratton @strattonmrkt]

How does a stratton market maker connect the stock market to the on-chain market?

There’s actually a pretty simple loop behind it and it starts with one thing:

INVENTORY.

Here’s how the whole thing works

[Stratton @strattonmrkt]

So yes, that’s basically our loop.

The token trades above the stock then the MM has an incentive to mint and sell.

The token trades below, he has an incentive to buy and burn.

The spread is basically what makes the whole thing work and of course this doesn't mean the token will perfectly track the stock 24/7. Settlement, fees, market hours, custody and liquidity can all get in the way.

But the idea we had at Stratton was pretty simple: make price divergence between the two markets an opportunity for the MM to arbitrage.

[Stratton @strattonmrkt]

Now flip it.

If the stock token trades below the stock reference, you then have a discount.

The MM loop then reverses:

Buy the discounted tokens on-chain
Burn those tokens
Release the matching shares from reserve
Sell the shares off-chain

Token supply contracts while on-chain buying pressure helps close the discount.

[Stratton @strattonmrkt]

FYI Stratton’s MM is the only one who can mint and burn stock tokens.

Long term, we want to open that up to anyone working with trusted brokers.

If you qualify, you can eventually arbitrage the market yourself.

[Stratton @strattonmrkt]

@VictorOnChain boss 🫡

[Victor τ/acc | X Ventures @VictorOnChain]

I'm a proud fan of launching @strattonmrkt today

I hope everything will go well. We are launching a fun thing in one hour. enjoy.

[Stratton @strattonmrkt]

Stratton is officially live on Robinhood Chain.

Trade or deploy your own memecoin paired with any available penny stock.

0xb7eaeCc89d3e2f9Fd597D61726aE824900dB8360

[Stratton @strattonmrkt]

Stratton is built to be permissionless.

We’re giving WL spots to anyone who wants to deploy an on-chain project paired with a penny stock.

First deploys will be WL only while the team seeds LP for the first coins and gets everything running smoothly.

Want to be among the first to deploy on https://t.co/kXB6DnSsWt?

Interact with this post for early access.

[Stratton @strattonmrkt]

Market is closed? No problem.

At Stratton, our MM isn’t sleeping.

Accumulation is already done, and LP gets seeded with arbitrage running even while the market is closed.

[Stratton @strattonmrkt]

Do you know why $DSS is pumping anon?