What is LoomDesk? A permanent liquidity book for tokenized stocks, built entirely on Robinhood Chain.
We utilize trading flow to capitalize protocol-owned positions across 68 stock pools.
The mechanism is simple:
$LOOM trading fees -> Liquidity Desk -> USDG Payouts to Holders.
It's an automated financial engine, enforced by contracts.
Read the details. 📖
https://t.co/kWKdAPtqLR
The book does not require a raise, an allocation, or selection. It is capitalized by trading itself.
Every trade of $LOOM carries a 4% fee. Of that receipt, 3% is automatically routed to the Liquidity Desk as permanent principal.
This principal is deployed into targeted, concentrated liquidity positions in our protocol-owned stock/USDG pools.
Volume builds the book.
Holders of $LOOM receive a significant reduction on platform trading fees.
If you maintain a balance of 100,000 $LOOM in your connected wallet, you are eligible for a 30% reduction on all trading activity in the LoomDesk Marketplace.
Balances are verified continuously onchain, allowing for immediate fee scaling.
Holders now get 80% of three things, in USDG, daily:
1. Fees on our own book
2. 10% of every swap fee in our pools, even when someone else is the LP
3. Earn’s 1% open fee
A $1,000 swap at the base fee: $0.30 to LPs, $0.03 to the book.
The book’s income is no longer capped by the size of the book.
$LOOM
The next logical step for the protocol book. We are moving to enable dedicated $LOOM/stock liquidity pools coming soon.
This allows the protocol to capture a new fee stream while utilizing $LOOM liquidity for stock settlement. Specific pool depth and weighting logic will follow.
https://t.co/EYTTV2K1OK