godcandle | 🐲

It’s my opinion that in crypto, we’ve collectively started thinking too small, getting lost in the trenches trying to extract what’s left from a relatively small pool of liquidity providers. The original vision of crypto was much bigger: to fundamentally transform the financial infrastructure of the entire world. I believe we’re finally seeing a select group of teams getting back on track toward that vision. We’re already seeing financial infrastructure being integrated directly into social media platforms, such as X Money within X. Naturally, I believe that if users can eventually buy stocks through X Money, those assets should be tokenized stocks on Robinhood Chain. Similarly, we’re seeing growing convergence between traditional financial markets and platforms like Hyperliquid. I genuinely believe this is only the beginning. This is the direction I’m hyper-focused on building toward because I believe the convergence of traditional finance, social platforms, and onchain infrastructure represents the highest potential ceiling for development in crypto. We need to start thinking bigger again.

This weekend I invented something new, a new type of token using Uniswap v4 hooks that I call a Pair Token. A Pair Token is a new type of ERC-20. It is a fused, auto-compounding asset, a fusion of two tokens. For example, the stock tokens NVDA and SPCX fused into a single tokenized version of the two, with the ticker NVDASPCX, or ETH with NVDA, creating ETHNVDA. Each Pair Token represents a full-range Uniswap v4 liquidity pool. So why mint these tokens? These tokens are self-multiplying in terms of value, as at any moment anyone can call the compound function to compound the LP fees generated by the pair’s trading activity back into the asset. The token represents a new financial primitive, as it represents a proportional value and moves as an LP position NFT would, except that it is auto-compounding and, thanks to its v4 hook, allows for compounding and self-growth. Since it is an ERC-20, this token can be freely traded onchain, LPed, or even paired with a launchpad. A new type of token for a new type of exposure and strategy. Starting tonight, you’ll be able to mint or redeem Pair Tokens for any pair on Robinhood Chain via the StonkBrokers website. Minting and redeeming are free, and the compounding process on the tokens incurs a 10% fee on the LP fees generated, which is used for $STONKBROKER buybacks. I look forward to a new line of products and protocols on Robinhood Chain using this new financial primitive. Only on Robinhood Chain, powered by Uniswap. @Hookrfun