just bought the mag 7 on robinhood chain. deployed MAG7 this evening, the first index on bankr: one token backed by a basket of up to 20 tokens. and on MAG7, the trading fees go to the holders. every buy, a uniswap v4 hook buys all 7 stocks from their own pools and mints MAG7. every sell burns MAG7 and sells the basket. one transaction either way. the index itself needs no LP, so creators don’t need to provide liquidity to launch one. it’s already in the pools of the tokens it holds. this isn’t possible without uniswap hooks. the fees: MAG7 charges 0.50% a trade. i set my creator cut to 0, so 0.30% of every buy and sell goes back into the basket for holders, and 0.20% to the protocol. nobody claims anything. it’s released into the basket over 24h, so after every trade each MAG7 is backed by a little more. creators pick a fee of 0.25–1% at launch and it never changes. the index never market-sells when rebalancing. it runs dutch auctions, offering what it holds too much of at a price that starts good for holders and gets cheaper every minute until someone fills it. anyone can fill. every rebalance gets 48h notice, so holders can leave first. you can always swap MAG7 back for the 7 stocks directly. no fee, works without bankr, can’t be paused. i also seeded a small USDG/MAG7 pool on uniswap so it shows up on dexscreener. but buy on bankr. it goes straight through the hook, which mints new MAG7 at the basket’s price, as deep as the 7 stocks’ own pools rather than my small one. hook trades are also the ones that pay holders. if the pool drifts, arbs close the gap. it’s early. we’re getting the hook supported in wallets and aggregators before the full rollout. right now it’s just me creating indexes. soon anyone can make their own on base or robinhood. and then: pairing. you’ll be able to launch a token paired with an index. buying your coin buys the index, the index buys the basket, and your creator fees come in the index. buying MAG7 on bankr isn’t available in the US or UK.

this isn't just another index token. those have existed for years. in fact me and a few others launched the first meme index token on base nearly 3 years ago. what we have built here is full multi-chain index infrastructure across base and robinhood chain: native dex pools, permissionless dutch-auction rebalancing, 24/7 oracle stack (chainlink + 24/5 overnight + weekend twap), zero management dilution, fees streaming back into holder nav, and index-paired token launches. this is an entire asset standard and launch layer and i can confidently say its the best index infra that exists onchain (its on base and robinhood) if you want early access to launch an index lmk.

Surplus has built an incredible product and community. We’re proud that Bankr played a role in helping them bootstrap early funding and attention to get things off the ground. This is what it’s all about. Helping great teams build something real. Excited for their next chapter!

we're giving these hoodies away for FREE to the top 100 bankr club members (30 day board). super high quality. you'll be able to claim one from the timeline.

this is early but we are doubling down on smarter data to push onchain autonomy further. more soon.

running an experiment. will let you know how it goes. 10 day trading challenge with my @bankrbot agent, day 3. the dry run hit 75% wins, so it's live now. first trade base:0xfb31f85a8367210b2e4ed2360d2da9dc2d2ccc95, take profit #1 hit, trailing the rest. fully autonomous. nothing managed by me.

i have $136 ready to claim from @musegod_rh. ~900% APY @r_alx_z launched a fees to holders token on @pools_dot_fun and has been cooking. dyor.