Putting this here so I can come back later and say I told you so.
I think people are sleeping on
@tickerspring tbh.
The thesis for robinhood:0x440e339a46eaa3be8d723c2cbed2a30af74536d5 is pretty simple. If you believe tokenized stocks on Robinhood Chain are going to grow, look at what’s being built around them.
Spring lets you deposit USDG into vaults that provide liquidity for stock tokens like NVDA, TSLA and AMD and others. People trade, the vaults collect fees, and depositors get their share.
100% of TickerSpring’s protocol revenue from vault fees + limit order fees goes towards buying back and burning robinhood:0x440e339a46eaa3be8d723c2cbed2a30af74536d5.
Already 56.88% of the supply is burned. That’s 568,838,487 tokens sitting at the dead address. You can check it onchain.
More volume → more protocol revenue → more buybacks → less robinhood:0x440e339a46eaa3be8d723c2cbed2a30af74536d5. 🔥
And team keep building..
The team is targeting a new vault design in about a week, with tighter ranges and more flexible strategies to improve fee capture.
These will also support assets without a Chainlink feed, opening the door to more tokenized assets and eventually crypto markets. The current Chainlink-powered vaults will keep running alongside them.
Smart contract audits for both designs are planned over the next few weeks. Team, scope and dates still to be confirmed.
So you’ve got a product people can use, over half the supply already burned, revenue funding more burns, and more coming.
Still needs volume and execution, of course. But you can see why I’m bullish.
Let’s see how this ages. 🌱
The road to top 10 🌱
1. Launch gauge vaults
2. Smart contract audit
3. Crypto pools: ETH/USDG, PONS/USDG + more
4. First strategy, built to grow TVL
5. Marketing blitz
6. New advisors
7. More internal strategies, more daily revenue
Goal: top 10 in revenue on Robinhood Chain.