The Index is officially amongst the top 3 stock purchasers on the @RobinhoodCrypto Chain.
Every trade we route through Robinhood Chain compounds the case for permissionless RWAs.
Introducing https://t.co/VIhlNNrJe7
Trade real world assets with up to 50x leverage.
Every trade feeds the flywheel:
→ 75% of fees buy stocks for the treasury, distributed to Index holders.
→ 25% deepen liquidity.
Stocks for everyone.
Over $300,000 in RWAs distributed to our holders.
Our hook has been officially whitelisted by @Uniswap, and trades can now be routed through the protocol seamlessly.
Dexscreener just added support for Uniswap v4 pools, and $Index is now officially live on Dex.
One more piece of the Robinhood L2 ecosystem falling into place.
https://t.co/c8U5KLgIw0
We're happy to announce Index is now powered by @rialto_xyz
- 14 New stocks have been added to the Index.
- Users can now buy and sell stocks directly through Index, powered by Rialto.
- Stock purchase fees dropped from 5% (uniswap pool) to 0.1% (Rialto), increasing distribution to holders by 5.2%.
- Index now weighted by market cap instead of an equal split
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Not even a week into Robinhood L2 and $Index has already distributed over $20,000 in tokenized stocks to holders.
Thank you for bringing stocks On-Chain @vladtenev
Five days distribution report:
$Index has completed 453 distribution cycles and paid out 235,540 stock transfers to holders.
$15,323 distributed at receipt value, every 15 minutes, fully on-chain.
This is what programmatic stock ownership looks like.
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