$ASTOCK is live on Arc
ca 0x4C9b47Dbd5933aa4574B2c27F82419E4DBBD0222
website: https://t.co/EtCw95ujJt
ArcStocks brings stock exposure to Arc through derivatives backed by tokenized stocks held on Robinhood Chain.
Choose a stock, deposit USDC and receive its Arc-native derivative.
NVDA → NVDA.arc
TSLA → TSLA.arc
AAPL → AAPL.arc
SPY → SPY.arc
The underlying position is acquired and held in the ArcStocks reserve while the derivative can be used across the Arc ecosystem.
Trade it. Use it as collateral. Build vaults around it. Integrate it into other protocols.
Deposit USDC → Buy Stock → Mint Derivative → Use Across Arc → Redeem
The stock layer for Arc.
$8,543 of fees became stock in holders' wallets.
17 Sep 02:01 → 21 Sep 16:56 UTC. 103 rounds. 4.6 days.
754 wallets paid. 27 hit every round.
26,109 on-chain stock transfers.
NVDA $2,339 · SPY $1,579 · QQQ $1,390 · AAPL $1,312 · GOOGL $761 · AMZN $427 · META $397 · TSLA $337.
All 1:1 in the reserve.
Fees in since launch: $13,519. Paid: $8,543. Still in the pool: $4,977.
Rounds went $9 → $131. Avg $83. Median wallet $0.31. Top 10 took 38% — their share of the token.
$ASTOCK last day: $20.1k volume.
Every round, every tx: https://t.co/p8PiXLmlRY
v2 is live.
You can buy and sell without us in the middle. Request goes to the vault on Robinhood Chain, vault buys the stock, result comes back, token mints. Same the other way.
If we disappear, you still get out. Cancel a buy after 30 min. Escalate a sell after 6 hours. Or redeem the token itself - stock or USDG lands on Robinhood Chain through Circle and Ethereum. No LayerZero, no server, no us.
1:1 is checkable now. Supply on Arc has to match what the vault actually bought. Fast mints are capped at 5% of supply per day and get proven through Ethereum. If the proof doesn't show up in 8 days, mints stop.
Two ways to trade:
Instant in the Uniswap v4 pool, when there's liquidity.
Via reserve if you want the vault fill.
v1 holders: 1:1 migrate when you're ready. Old tokens don't vanish.
Rewards for $ASTOCK don't change - still paid in real stock. Just bought through the new reserve.
More in the app under /v2.
https://t.co/0Xeo9yYtGX
$ASTOCK isn't a stock and isn't in the reserve. The reserve holds Robinhood stock tokens - NVDA, TSLA, AAPL, SPY and so on - one per STOCK.arc in circulation, checkable on both chains. $ASTOCK is the project token: holders get paid in those real stocks, bought through the reserve every round.
If you mean which stock leads the reserve: NVDA, by a wide margin.
Not shipping v2 today.
Close, but a few things still aren't where they need to be. Better to finish them than push a half-working pool.
Full release tomorrow.
Reward rounds are now every 2 hours.
Same pot. Same split. Just fewer on-chain passes so we stop hammering RPC.
15 / 30 min was eating the node for no extra money to holders. Cadence changed. Amount paid does not.
27 hours in.
17 Sep 02:01 → 18 Sep 05:30 UTC.
$4,566.95 of real stock paid to $ASTOCK holders from pool fees.
60 rounds. First 10 every 15 min, then every 30.
577 wallets.
15,154 on-chain stock transfers.
70 wallets hit every single round.
NVDA, AAPL, QQQ, SPY, GOOGL, META, AMZN, TSLA.arc — all 1:1 backed.
Fees in since launch: $12,484. Paid: $4,567. Still in reserve: $7,917.
Rounds went $9 → $131. Top 10 took 37% — their share of the token.
https://t.co/pUjDVPvdw2
Volume is thin on @arc and everywhere else right now.
We’re going heads-down on the product. Updates will be less frequent.
The work doesn’t pause: payouts stay automatic, reserves stay public, v2 is what we’re building toward.
Stay with us. We’ll ship, then talk.
I didn't phrase that well, we're planning to keep actively developing the project.
We're not giving up because of low volume. If anything, low volume gives us the chance to focus on building.
@SamZeroFourAB@arc You got me wrong, we're not giving up. We're pushing the project forward. There's a lot we need to build, and this is just the beginning