Stonkbroker

If you think it’s just another meme or NFT token, you are mistaken. It is trying to be a native defi ecosystem built around RH chain. If you believe RH could be Coinbase of tokenised stocks, this could be an asymmetric bet on it.

ETH has Uniswap/ Aave, Sol has Jupiter/ kamino, Stonkbroker might be Aave of RH.

Product:
·       Stock token marketplace
·       Uniswap V3-style DEX (August 29 launch date)
·       Launchpad (July 31 launch date)
·       Covered call options
·       ERC-6551 broker NFTs (wallets inside NFTs)
·       Stock rewards distributed to NFT wallet

Flywheel:
More users – More Volumes – More Fee – More rewards – More users onboarded

NFT (639/4444 NFTS locked permanently) and tokens (14% supply burnt already) both are launched. Buying NFT isn’t enough and needs activation to get revenue share. Each NFT activation requires minimum 66,666 tokens which are burnt forever.

https://x.com/fern (Current Head of Product, DeFi at RobinhoodApp) is already following
@ClutchMarkets (Company behind Stonkbroker). That means it already has the unofficial attention from RH team. Vlad Tenev may not be too far from them.

And yes, they were 1 of very few teams working on RH chain since testnet phase and was publicly highlighted by the Robinhood team during the Arbitrum Open House Hackathon.

Clutch Labs has a history of shipping multiple on-chain products and has previously received ecosystem support such as an Arbitrum Foundation grant and a Polymarket Builders Grant, which gives additional credibility to their execution record.

Btw, rewards are converted to tokenised stocks and distributed to activated NFTs. So there is RWA, NFT and Defi, all 3 narrative, together here.

Chart:
Its probably the 1st major dip since launch and near breakout. So comfortable level to not topblast. 8m mcap is too small if things work out as expected.

Posting my thesis for wider attention. I made my bet already. Lets see if it succeeds.

Cheers.

SWAP TOKENS