How Stockless works

The short version

1. Plant. Deposit a stock token, like NVDA or SPY, into a Stockless vault.
2. Grow. The vault puts it into a liquidity pool on Robinhood Chain and keeps the position in the right range. Traders swap through that pool around the clock.
3. Harvest. Every swap leaves a small fee behind. The vault collects those fees on a schedule and adds them to your position.
4. Leave when you like. No lock-ups. Withdraw your share, harvest included, whenever you want.

That is the whole product. Everything else on this page is detail.

The farm you see on the home page

The home page is a live picture of the stock token market on Robinhood Chain, not a cartoon. Every few minutes we pull public pool data and redraw the field:

• Each tree is one stock ticker. NVDA, SPY, MU, and so on. If a ticker has more than one pool, the tree combines them.
• Taller tree, deeper liquidity. Height follows the total dollars sitting in that ticker's pools.
• More fruit, more fees. The fruit count follows the fees those pools earned in the last 24 hours.
• The number in the top corner is the total liquidity across every stock pool we track. It says "market, not ours yet" because, right now, none of that money is inside Stockless. When vaults open, Stockless's own numbers get their own line.

You can drag a cloud over a tree to water it. That one is just for fun. The tree grows a little faster on screen. Nothing happens onchain.

Plots and points

Before vaults open, you can claim a plot. A plot is your spot on the farm and your place in line.

• Claiming is free and moves nothing. You sign a short message with your wallet to prove it is yours. There is no transaction, no gas, no approval. If a site asks you to approve tokens to "claim a plot", it is not us.
• You get 100 points for claiming, and an invite code.
• Invites. Each friend who plants with your code earns you 50 points and them 25.
• No airdrop. Points are a harvest boost. Nobody gets free tokens for signing up. When the harvest starts, plot holders who actually hold $STOCKSS receive a larger share of the Fruit during the first season, scaled by their points. No $STOCKSS in the wallet, no boost.

Vaults

A vault is a contract that holds one kind of stock token and manages a liquidity position with it. You deposit, you get a receipt token for your share, and the vault does the tending.

• One vault per stock. The first two are planned for NVDA and SPY, because they have the deepest pools on the chain today.
• Concentrated liquidity, managed for you. Pools on Robinhood Chain use price ranges. If the price walks out of the range, the position stops earning. The vault watches the range and moves it, so you do not have to.
• Harvest on a schedule. Fees are collected every three hours and folded back into the position. Your share grows without you doing anything.
• No lock-ups. Withdraw any time. You receive your share of the position, including everything harvested so far.
• Vaults are not open yet. The contracts will be published and audited before the first deposit is accepted. Until then, nothing on this site takes custody of anything.

The harvest and $STOCKSS

Planned, not live. Details below can change before launch and will be confirmed on this page first.

$STOCKSS is the Stockless token, planned to launch on Pons, the launchpad on Robinhood Chain, paired with ETH. Trading it generates fees, and those fees are what feed the farm.

• Where fees come from. Every trade of $STOCKSS pays a 3% fee: 2% comes to the harvest, 1% goes to Pons. The harvest share arrives in ETH at the Stockless harvest wallet.
• What happens to them, every three hours:
  • 50% Plant. Swapped into stock tokens and deposited into Stockless vaults as protocol-owned positions. This is liquidity that belongs to the protocol and never leaves. It makes the pools deeper for everyone and grows with every trade.
  • 30% Fruit. Sent to $STOCKSS holders in proportion to what they hold, paid in stock tokens, every 6 hours. Sent automatically. There is no claim button, because claim pages are where phishing lives.
  • 20% Seeds. Operations, audits, and liquidity rewards for people who plant in the Orchard (see below).
• Every step is onchain and logged. The Harvest chapter on the home page will read those events directly, so what you see falling into the baskets is what actually happened. Burned, compounded, and paid-out totals are on the Pools page.

The Orchard. After the protocol's own pools are live, anyone can add liquidity to a $STOCKSS / stock pool through a Stockless vault: deposit NVDA or SPY on its own, the vault pairs it with $STOCKSS and manages the position. Orchard depositors earn the pool's swap fees plus $STOCKSS from the Seeds share. This is how the field grows beyond what the harvest alone can plant.

The harvest wallet address will be published here before launch, so anyone can watch it.

Tokenomics

Final unless stated otherwise. Anything that changes gets a dated line here.

Token

$STOCKSS on Robinhood Chain. Fixed supply of 1,000,000,000, launched on Pons as a fair launch. No team allocation, no pre-sale, no airdrop.

Pair

ETH. The protocol never mints more tokens; everything it holds, it buys on the open market.

Trade fees

3% on every $STOCKSS trade: 2% to the harvest, 1% to Pons. The harvest share arrives in ETH at the harvest wallet.

Harvest cycle

Plant runs every 3 hours, Fruit every 6 hours. A cycle runs when the harvest contract holds at least 0.04 ETH (about $100), and never waits longer than 7 days regardless of balance. Anyone can trigger Plant by calling the contract; the caller is paid a small fee from the pot for the gas.

50% Plant

Half buys stock tokens, half buys $STOCKSS on the market. Both are paired into protocol-owned $STOCKSS / stock pools. These positions are never withdrawn and their fees are re-planted.

30% Fruit

Swapped into stock tokens and sent to every $STOCKSS holder in proportion to balance, every 6 hours, straight to the wallet. No registration, no claim. A Stockless keeper takes a snapshot of all holders, publishes the list and its Merkle root onchain, and the contract pays out only lists that match the root and never more than the pot. Anyone can recompute the list from public transfer events and check it. Minimum holding to receive: the USDG equivalent of $25.

20% Seeds

Sent to the Stockless operations wallet for running costs, audits, and liquidity rewards for Orchard depositors. The address is published here and every outgoing transfer is visible onchain.

Harvest boost

During the first 90 days after launch, plot holders who hold $STOCKSS receive their Fruit share multiplied by 1 + points ÷ 1,000, capped at 1.5×. The boost is funded from the Fruit share, not from new tokens.

Pool fees

Every swap in a Stockless pool leaves fees in both $STOCKSS and the stock token. Each Plant cycle collects them. 20% of what is collected goes to the Stockless treasury, in the tokens collected, and is written to the chain as its own event. The other 80%: the stock side is compounded back into the same position, and the $STOCKSS side is split between burning and compounding on a sliding rule: the share burned equals the pool's current depth divided by its depth target, times 70%, capped at 70%. A shallow new pool compounds almost everything; a deep pool burns up to 70% of its $STOCKSS fees every 3 hours. No committee decides when; the numbers do.

Leftovers

Fruit shares below the $25 minimum roll into the next cycle. Anything still unallocated after 7 days buys $STOCKSS on the market and burns it.

Rebalance

If a pool's price leaves its ±30% range, anyone can call the rebalance function and is paid from fees for doing it. Pools never sit dead waiting for an admin.

Harvest wallet

Published here before launch. At launch it is a pass-through wallet; the Pons fee receiver will be switched, once, to the audited Harvest contract.

First pools

$STOCKSS / NVDA and $STOCKSS / SPY, then the next deepest stock tokens by liquidity on the chain. Protocol positions use a wide price range (about ±30%), so they keep earning without constant rebalancing.

Ledger

Stockless TVL, every protocol-owned pool, and everything distributed to holders is listed on the Pools page, live from the chain once the contract is deployed.

Risks, plainly

• Impermanent loss. A liquidity position holds two assets. If the stock token moves a lot against its pair, your share can be worth less than if you had just held the stock. Fees are meant to make up for it, and often do, but not always.
• Code risk. Vaults are smart contracts. Audits reduce the risk of bugs. They do not remove it.
• Market data risk. The farm reads public market data. If a data source is wrong or late, the picture is wrong or late. It never moves money.
• Stock tokens have rules. Tokenized stocks on Robinhood Chain are available to eligible users under Robinhood's terms. Stockless follows those rules and will not accept deposits where they are not allowed.
• This is an experimental project. Treat it the way you would treat any early onchain experiment: things can break, numbers can change, and nothing here is guaranteed.
• Nothing here is financial advice. Plant what you can afford to leave in a field.

Questions