Robinhood Chain · Bearer token
Certificate of participation
Certificate no.
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HOODR
HOLD THE TOKEN. GET PAID IN HOOD.
Every trade of $HOODR pays a fee. The fee buys tokenized HOOD on the same chain, and the shares are sent to the wallets holding the token. You never claim, bridge, or hand anything to a custodian.
Holder of record
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HOOD accrued
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Fee routed to holders
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Distribution
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Authorised by
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No signature, and no signatory. When there is a contract, its address is the only authority on this page.
The trade
- 01
A token trades on Robinhood Chain. Every trade pays a fee.
- 02
The fee buys tokenized HOOD — the stock of the company whose chain the trade just happened on.
- 03
The share is sent to the wallets holding the token. No claim, no bridge, no custodian.
The venue and the payout are the same company. $HOODR trades on the chain Robinhood built, and the fees it collects buy the stock of Robinhood itself — so the payout asset is already on the chain where the fee was collected, and the distribution is a transfer rather than a bridge, a wrapper, or an IOU.
That symmetry is the idea, and it is worth being precise about what it is not. It does not make the token safe, it does not put a floor under the price, and it does not make anyone a shareholder of record. It means one thing: the reward for holding is denominated in something outside crypto, bought on the open market with money the token actually collected.
Everything on this page that is not yet true is marked as not yet true. There are a lot of those marks right now.
Where the money goes
- 1
A trade
Someone buys or sells the token on Robinhood Chain.
- 2
A fee
A fixed percentage is withheld by the token contract. The size is not decided yet.
Waiting launch
- 3
The vault
Fees accumulate in the router until the distribution runs.
- 4
The swap
The vault buys tokenized HOOD on chain. Requires a market for it — see § 03.
Waiting launch
- 5
Your wallet
The HOOD is transferred to holders pro rata. Nothing to claim.
What has to be true first
The share is tokenized on Robinhood Chain — not met
A HOOD-backed token, issued natively on chain 4663 — not a wrapper minted elsewhere and bridged in. If it lives on another network, the design in [02] does not hold and this project changes shape or does not ship.
The issuer is named, in public — not met
Whoever mints the tokenized share is the counterparty every holder is exposed to. Their name is published here before launch, next to the contract, so the risk is legible rather than implied.
It transfers to any wallet, without a whitelist — not met
Some tokenized equities only move between permissioned addresses. If HOOD cannot land in an arbitrary holder's wallet, a distribution to arbitrary holders cannot happen and the payout has to be redesigned.
The distribution has a compliance read — not met
Paying holders in a tokenized equity distributes securities exposure. That question is answered by counsel before a single fee is routed — not after. This is the open item most likely to change the mechanism.
HOOD
Robinhood Markets, Inc.
Tokenized share · Robinhood Chain
- Contract
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- Issuer
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A tokenized share is a claim issued by whoever mints it. It is not the same instrument as a share held through a broker, it may carry no voting rights, and its value depends on that issuer honouring it. Read § 08 before deciding what this token is worth to you.
The chain, and this project
Block height
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Last read
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Gas price
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RPC
connecting
HOOD bought for holders
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Whole shares equivalent
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Fees awaiting the next run
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Fees collected, all time
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Volume, all time
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Holders
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Distributions executed
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Reading
Wired to an indexer at launch. Blank until then.
The math, unfilled
Traded value in 24h, in dollars. Nobody knows this number yet.
Share of each trade routed to the payout. Not decided — see § 07.
Your holding as a percentage of total supply.
HOOD bought for you
—/ day
—/ 30 days
Fill all three fields. Nothing is pre-filled, because a pre-filled assumption is the part a reader remembers.
Verify
Token
The only contract you should ever buy.
—Router
Collects fees, buys the share, distributes it.
—Treasury
Anything the router does not route.
—HOOD token
The tokenized share itself, issued by a third party.
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- Chain ID
- 4663
- Payout claims
- None. No distribution has run, so there is nothing to audit and nobody has been paid anything.
- Custody
- This site holds nothing, signs nothing, and stores nothing. It reads block height and gas price, and that is the extent of its contact with the chain.
Not decided yet
01
How large is the fee
A fee big enough to be worth holding for is also big enough to strangle the volume that produces it. Nothing is chosen. The number goes in one env var and appears in § 02 and the certificate the day it does.
02
How often it runs
Distribution has a gas cost that is paid whether it moves $8 or $8,000. Continuous, hourly and daily all have a case; batching by threshold instead of by clock is a fourth.
03
Pushed or claimed
Pushing to every holder is the better experience and scales badly. Claiming scales and quietly keeps whatever nobody claims. The second one needs a rule for the remainder before it can be honest.
04
Which tokenized HOOD
If more than one issuer mints a HOOD-backed token on this chain, the choice is a counterparty choice, not a ticker choice. It gets made in public, with the issuer named in § 03.
05
Below-dust holders
A wallet whose pro-rata share rounds to a fraction of a cent cannot receive a transfer worth its gas. Whether that accrues, is swept, or is dropped is undecided and is exactly the kind of detail that quietly becomes a fee.
06
The compliance read
Routing fees into a tokenized equity and distributing it to holders distributes securities exposure. This is answered by counsel before launch, and the answer may change the mechanism or end the project.
Questions, including the awkward ones
?Does holding this actually make me a Robinhood shareholder?
Not in the legal sense the phrase implies. You would receive a tokenized HOOD share: a token issued by a third party whose value tracks the stock and whose backing is that issuer's obligation. Whether it carries registered ownership, dividends or voting rights is entirely a property of how the issuer structured it, and it is not the same instrument as shares held through a broker. "You become a shareholder" is the slogan. This paragraph is the fact.
?Is this connected to Robinhood?
HOODR is an independent project. It is not affiliated with, endorsed by, sponsored by or connected to Robinhood Markets, Inc. “HOOD” is used only as the ticker of a publicly traded company, to name the asset this token intends to buy.
?What if tokenized HOOD does not exist on this chain?
Then the design in § 02 does not hold. The no-bridge argument is the entire reason this token is on Robinhood Chain and not somewhere else, and a payout asset that lives on another network would mean bridging, wrapping, or holding funds for people — all three of which this project exists to avoid. The condition is published in § 03 precisely because it is not yet proven.
?Can I lose money?
Yes, in two independent ways. The token can fall, and HOOD can fall — a payout in a falling asset is still a falling asset. There is no floor, no buyback, and nothing about this mechanism that supports the token's own price.
?What happens if nobody trades?
You get nothing. The payout is a share of trading fees, so at zero volume it is zero. This is not a yield, it is a cut of activity that may not happen, and it stops the moment interest does.
?The stock market closes. What about the fees collected at 3am?
They wait. Tokenized equities generally price against a market that is shut at night and at weekends, and liquidity in them outside those hours is thin at best. The distribution schedule has to be built around that — it is one of the open decisions in § 07, and any project that does not mention it has not thought about it.
?Do you take custody of anything?
No. This site connects to a wallet to read an address and nothing else — it cannot move funds, and there is no contract behind it to move them with. At launch, fees would sit in a router contract whose address is published in § 06 before it holds anything.
?Is this a security?
Unanswered, and it is the open decision most likely to change or end the project. Distributing a tokenized equity to token holders distributes securities exposure, which is a different question from whether the token itself is one. This gets a lawyer's answer before a single fee is routed, not after.
?Why is every number on this page blank?
Because there is nothing to measure. No token, no router, no distribution, no holders. Filling those fields with plausible figures for the sake of a screenshot is the exact thing that makes a pre-launch page worthless, so this one shows blanks and says why.
?When does it launch?
There is no date, and there will not be one until § 03 and § 07 are resolved. Anything on X promising a countdown for this project before that happens did not come from the people building it.
Nothing to buy
There is no token yet.
When there is one, its address appears in § 06 and the button below stops being dead. Until then the honest thing this page can offer is the mechanism, the open decisions, and a way to check both.