RISK is a builder collective. A playground for fun and experimental web 3 products. CURRENTLY WORKING ON ELA.RIP
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We'll be live to talk about RiskLabs and $ELA in a few mins.
Join us and directly ask us all the questions you have in mind!
ALTS showing strength | Opportunities on RHC | Spotting trends early
Today on MCG (times in est)
- 12:30PM w/ @tzv and @0xWasa from @RiskFDN
- 1:00PM w/ @ember_arlynx Founder @DreggNet
Follow us: fomo.family/r/DineroDom0
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I’ll be at MCG in two days for a session on ELA and RiskLabs. I will talk about my vision for scaling things up and providing some context on what we’re building with @tzv.
See you there!
This week on MCG, powered by @fomo, @MetaDAOProject
Monday 9/21
12:30 - $SZR @SazareProtocol w/@Furyoku0x1
1:00 - $ROUTE @routedotfun w/@rapidssh
Tuesday 9/22
12:30 - $PRIZE @dualmintrwa w/@billtlee (@MeteoraEco Eco)
1:00 - robinhood:0x398aca5e6ae801b002d684333affadc1a25e897c @Listedexchange w/@Akhileyyy
Wednesday 9/23
12:30 - $ARGUS @Arguspad w/@rdbotato (in @Arc eco)
1:00 - $TRENDS @Trendsdotrun w/@Jameseveryth1ng (@MeteoraEco Eco)
Thursday 9/24
12:30 - $ELA @RiskFDN w/@oxwasa @tzv
1:00 - $DREGG @dreggnet w/@ember_arlynx
Friday 9/25
12:30 - Open slot, @DineroDom0 for bookings
1:00 - $AMBA @amoebafarm w/@antimatterswx @ploopiebuttagi
Watch on - piped.video/@McG_Live
Learn to DLMM -> @MeteoraAG @met_lparmy
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We are pleased to announce that we will be on @MCGlive this Thursday to answer questions about ELA and our vision for the future of RiskFDN.
See you Thursday!
This week on MCG, powered by @fomo, @MetaDAOProject
Monday 9/21
12:30 - $SZR @SazareProtocol w/@Furyoku0x1
1:00 - $ROUTE @routedotfun w/@rapidssh
Tuesday 9/22
12:30 - $PRIZE @dualmintrwa w/@billtlee (@MeteoraEco Eco)
1:00 - robinhood:0x398aca5e6ae801b002d684333affadc1a25e897c @Listedexchange w/@Akhileyyy
Wednesday 9/23
12:30 - $ARGUS @Arguspad w/@rdbotato (in @Arc eco)
1:00 - $TRENDS @Trendsdotrun w/@Jameseveryth1ng (@MeteoraEco Eco)
Thursday 9/24
12:30 - $ELA @RiskFDN w/@oxwasa @tzv
1:00 - $DREGG @dreggnet w/@ember_arlynx
Friday 9/25
12:30 - Open slot, @DineroDom0 for bookings
1:00 - $AMBA @amoebafarm w/@antimatterswx @ploopiebuttagi
Watch on - piped.video/@McG_Live
Learn to DLMM -> @MeteoraAG @met_lparmy
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ELA: the flywheel update.
Starting now, the protocol lane of every pair fee has one use: buying ELA on its own pool and burning it. One contract on Ethereum, no owner, no setting, no way out but the burn.
Anyone can call drop(): 10 to 40% of the pot, never more than 0.5% of the pair's ETH reserve, burned in the same transaction, the next drop 50 to 300 blocks later. The size is capped, not secret.
Every network ELA supports from here on ships with the burner built in.
The pot fills as pairs trade. Watch it on ela.rip.
Docs: ela.rip/docs, section 07
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RiskLabs has just completed its first project support purchase on Robinhood using 0.4 ETH from fees.
These tokens have now been burnt and are out of circulation.
Link: robinhoodchain.blockscout.co…
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You can now deploy tokens on Robinhood.
Link: ela.rip/create/
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Robinhood Leverage Assets
ELA is now live on Robinhood Chain
Same product, new chain. The hook, the factory and the token are unchanged. Only the engine underneath is new.
What stays the same
Deploy a token from the launchpad and pick its leverage. It opens on a bonding curve, and once the ETH target is raised, that raise becomes the floor under every token. From there every buy borrows against ETH and loops it back, every sell unwinds only that seller's share. Leverage is locked at creation and no admin can change it.
What changes underneath
On Ethereum the loop is staked ETH against ETH debt on Aave, so the position earns staking yield while it runs.
On Robinhood Chain the collateral is plain ETH and the debt is USDG, borrowed from an existing Morpho market. Nothing wrapped, nothing bridged: native ETH on the chain itself, levered with a zero-fee flash loan in one transaction.
That changes the carry. No staking yield in this version, so a pair here is pure directional exposure and the borrow cost is a real cost. Size accordingly.
Why 2x, not 3x
The market lends at 77% of collateral value. A 2x pair opens at 50% loan-to-value, with the guard rail stepping in around a 22% drop in ETH, well before liquidation near 35%.
A 3x pair would open at 66.7%, already needing to deleverage. The factory refuses it. 3x returns when the loop is retargeted to a deeper market.
Where to trade
Every trade routes through the hook. The site quotes the real price against the backing and shows you what is inside the vault:
→ ela.rip
Built by Risk Labs.
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Anyone can use the ELA launchpad to launch on Robinhood (or ethereum mainnet).
Bring to you by Risk Labs.
ELA is now live on Robinhood Chain
Same product, new chain. The hook, the factory and the token are unchanged. Only the engine underneath is new.
What stays the same
Deploy a token from the launchpad and pick its leverage. It opens on a bonding curve, and once the ETH target is raised, that raise becomes the floor under every token. From there every buy borrows against ETH and loops it back, every sell unwinds only that seller's share. Leverage is locked at creation and no admin can change it.
What changes underneath
On Ethereum the loop is staked ETH against ETH debt on Aave, so the position earns staking yield while it runs.
On Robinhood Chain the collateral is plain ETH and the debt is USDG, borrowed from an existing Morpho market. Nothing wrapped, nothing bridged: native ETH on the chain itself, levered with a zero-fee flash loan in one transaction.
That changes the carry. No staking yield in this version, so a pair here is pure directional exposure and the borrow cost is a real cost. Size accordingly.
Why 2x, not 3x
The market lends at 77% of collateral value. A 2x pair opens at 50% loan-to-value, with the guard rail stepping in around a 22% drop in ETH, well before liquidation near 35%.
A 3x pair would open at 66.7%, already needing to deleverage. The factory refuses it. 3x returns when the loop is retargeted to a deeper market.
Where to trade
Every trade routes through the hook. The site quotes the real price against the backing and shows you what is inside the vault:
→ ela.rip
Built by Risk Labs.
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ELA is now live on Robinhood Chain
Same product, new chain. The hook, the factory and the token are unchanged. Only the engine underneath is new.
What stays the same
Deploy a token from the launchpad and pick its leverage. It opens on a bonding curve, and once the ETH target is raised, that raise becomes the floor under every token. From there every buy borrows against ETH and loops it back, every sell unwinds only that seller's share. Leverage is locked at creation and no admin can change it.
What changes underneath
On Ethereum the loop is staked ETH against ETH debt on Aave, so the position earns staking yield while it runs.
On Robinhood Chain the collateral is plain ETH and the debt is USDG, borrowed from an existing Morpho market. Nothing wrapped, nothing bridged: native ETH on the chain itself, levered with a zero-fee flash loan in one transaction.
That changes the carry. No staking yield in this version, so a pair here is pure directional exposure and the borrow cost is a real cost. Size accordingly.
Why 2x, not 3x
The market lends at 77% of collateral value. A 2x pair opens at 50% loan-to-value, with the guard rail stepping in around a 22% drop in ETH, well before liquidation near 35%.
A 3x pair would open at 66.7%, already needing to deleverage. The factory refuses it. 3x returns when the loop is retargeted to a deeper market.
Where to trade
Every trade routes through the hook. The site quotes the real price against the backing and shows you what is inside the vault:
→ ela.rip
Built by Risk Labs.
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RiskLabs has just completed its third ELA buyback using 0.4 ETH from fees.
Link: etherscan.io/tx/0x3d3badbf4c…
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How an ELA pair reprices without a trade.
In a normal AMM the quoted price comes from the pool state, and that state only moves when a swap moves it.
ELA replaces the passive ETH reserve with a live accounting value. The curve reads three terms:
e = e0 + navETH + bandEth
e0 is virtual ETH fixed at seed. bandEth is the real ETH sitting in the active band right now. navETH is the net equity of the leveraged position on @aave: wstETH collateral, minus the WETH debt, minus the fees already earmarked.
None of the three is a pile of tokens waiting in a pool. All of them are read live.
And what moves navETH is not the price of ETH. The collateral is valued at the wstETH/ETH ratio and the debt is owed in WETH, so an ETH/USD move cancels on both sides and changes nothing. What moves it is the wstETH staking yield accruing against the WETH borrow rate, levered by the pair. Three legs earning against two paying.
The token supply has not changed. The same tokens now claim a larger e, so the pricing function already implies a higher price. No swap, no arbitrage.
The only thing that has not updated is the last onchain print the screener shows.
The next swap fills at that implied price. Or anyone calls poke(), which folds the band back onto fair price and moves the pool without a fill. Either way the number becomes visible.
That is why candles can look chunky while the backing underneath moved continuously.
A trade does not drag the pair to its new price. It prints the price the backing already implied.
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RiskLabs has just completed its second ELA buyback using 0.4 ETH from fees.
Link: etherscan.io/tx/0x15ac7146f9…
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