

The Great Wealth Transfer is coming.
CryptoLord NE 📊📈
98.6K posts

@CryptoDefiLord
KOL || Robinhooder || $Aster Ronin || Golfer 🏌️♂️ || Lambo Capital // DM For Partnerships Telegram: @Cryptodefilord02


The Great Wealth Transfer is coming.


It has been a week since the Robinhood Chain has launched, and the momentum has been rapidly increasing. It's been awesome to see. The early success of the Robinhood Chain is an illustration of my vision for what success looks like for the two foundations it is built on top of: Ethereum and Arbitrum. Ethereum: Robinhood utilizes $ETH as the native gas token of the chain. In other words, for every transaction to occur someone needs to be holding and spending $ETH. This motion continues to cement $ETH as the native onchain asset across the programmable economy. All the major trading pairs on the chain right now are utilizing WETH on Uniswap. Bringing on 27m users into Ethereum's sphere of influence is a generational and historic moment for Ethereum. Arbitrum: Robinhood's tokenized equities have been housed on Arbitrum One for the last year, prior to the launch of the Robinhood Chain. The Robinhood Chain is now utilizing the underlying Arbitrum stack to power its experiences. The way the license works, Robinhood shares with the ArbitrumDAO Treasury 10% of its transaction fee profits for utilization of the technology. So, while Arbitrum One remains the core focus and priority for supporting enterprises, startups and protocols, the monetization strategy extends with their growth motions. I look forward to continued and deepened collaboration between Arbitrum and Robinhood across a number of different initiatives. Building business models that align with the success of the adoption of the underlying technology has always been necessary, but has become absolutely critical as investors are looking more at capture than proliferation today. Both Ethereum and Arbitrum are extremely well set up as the onchain economy increases 100x in the coming years. Ethereum for settlement and medium of exchange. Arbitrum for execution, scalability and cusomizations. Powerful combination with a lot more to come. The playbook is being written as we speak.




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I don't think we can get good days like this back 💔

Can u guys pause the market a little 😩 I need to go nd make a pot of Goat meat stew I will be quick dw


EXCLUSIVE: Robinhood is going to pay 7% on dollars to 27.7 million customers. In this Interview Johann Kerbrat, their SVP of Crypto explains how it all works. Robinhood Earn lives inside the main investing app. You can buy the USDG stablecoin in a few taps, and it gets deployed into vaults built with Morpho and Steakhouse, and the target yield is roughly 7%. Where does 7% come from? Market makers and liquidity providers pay it. These are traders who need USDG liquidity to run spot and perps trading. Your deposit is funding someone else's 50x leverage, and you're the one getting paid for it. Assuming you get paid back. Which, as we've seen, doesn't always work in DeFi with hacks and smart contract risk. But Robinhood has done something extra to make this retail-grade. Robinhood's answer is an insurance program with Lloyd's of London and Relm covering smart contract and vault failure. He says it's one of the largest ever built for a crypto product. Earn was one of 12 announcements; some others that caught my eye: Stock tokens in 120+ countries, backed 1:1 by real equities. You can withdraw them to a self-custody wallet and post them as collateral. Borrowing against a stock portfolio used to be a private banking perk; now it's a smart contract. Robinhood Chain went to public mainnet after 200 million transactions on testnet. Perps on stocks, crypto, and commodities at 20 to 50x leverage, bringing an entire new asset class to the mainstream. Robinhood is all in on DeFi. DeFi protocols spent a decade fighting for users. Robinhood just made a Morpho vault look like a savings account, in front of 27.7m funded customers. See the 15-minute highlights below and the full episode on the Tokenized Podcast youtube channel Full interview with Johann on @Tokenized YouTube






I don't think we can get good days like this back 💔

