How robindaos.fun works
PaperRobinDAOs runs two separate products on Robinhood Chain: a tokenized strategy marketplace, where each strategy is represented by a tradeable token with a fixed-price hard-cap raise and a policy-locked treasury, and a permissionless meme launchpad on a bonding curve. This page explains the strategy marketplace. Every position and trade is visible. Back strategies, see every move. You can browse, watch, and follow without a wallet.
The current rendered environment is Paper for strategy surfaces
How it works
Discover
Browse strategy tokens and managers without a wallet. Treasury, NAV layers and track record are public.
Inspect
Compare the token's market price with Reported, Liquid and Redeemable NAV. The token market and treasury NAV are separate value layers.
Back
Back a fixed-price raise or trade the strategy token. Every write action states its environment and its finality stages before anything is signed.
How a raise works
Every strategy raises on the same fixed-price model, not a bonding curve. One hard cap, and a simple rule for where the money goes if the raise succeeds.
A raise has a maximum hard cap of 20,000 USDG. When a raise reaches it, the proceeds split in half. 10,000 USDG seeds a Uniswap pool, so the strategy token gets a real floating market price you can trade against. The other 10,000 USDG funds the policy-locked treasury, which the manager trades within policy and can never withdraw. Strategies in the meme category raise on this exact same model.
Successful raise
20,000
USDG hard cap
10,000 USDG
Seeds a Uniswap pool so the strategy token trades at a real floating market price.
10,000 USDG
The manager trades this within policy and can never withdraw it.
Who it is for
Three ways to take part. Only the manager path needs anything from you, and even that stores nothing on a server yet.
Spectators
Browse every strategy token and manager, read the theses, and watch positions move. No wallet, no sign-up, nothing to accept.
Explore strategiesBackers
Back a fixed-price hard-cap raise or trade a strategy token once its market is live. In Paper mode every write action opens a preview; join the waitlist to be told when real raises open.
Join the waitlistManagers
Draft a strategy in the wizard, then apply to run one of the Season 0 Genesis seats. A human reviews applications when the backend ships.
Apply as a manager
How the transparency works
The promise is not a single number that goes up. It is that you can see how a strategy arrives at its value, and where that value is soft.
Three value layers, always kept apart
- Reported NAV
- What the strategy says it is worth from its own marks. The headline figure, and the one that can be most optimistic.
- Liquid NAV
- What could actually be sold right now at fair depth. Lower than Reported when positions are thin or a market is closed.
- Redeemable NAV
- What one token could actually claim from the treasury through redemption. The market price of the token can trade at a premium or discount to it.
Every number carries its receipts
Financial figures show their period, an as-of time, the data source, and how much of the book they cover. A stale price, a paused oracle, a closed market, or thin coverage is labeled, not hidden. A drawdown is shown next to a return, so a headline can never stand alone.
Finality is shown in stages
Robinhood Chain settles in steps: Submitted, then Confirmed on Robinhood Chain, then Secured on Ethereum. A single green check is never enough. In the paper season these stages are labeled as simulated, because no real transaction has happened yet.
The rules a manager runs under
Each strategy declares a risk policy. These are the limits the policy is designed to enforce. Today they live in the draft and are shown on every strategy; the contract that would enforce them onchain is not deployed yet.
- A maximum weight for any single position, so no one holding can dominate the book.
- A maximum size for any single trade, and a daily turnover ceiling.
- A slippage limit and a minimum market-depth floor, so trades cannot be pushed through thin markets.
- Trading with the manager's own related wallets is blocked.
- The manager can never withdraw treasury assets to a personal address.
Paper, Testnet, and Live
Every surface carries a persistent environment badge, and the three never blur into each other. The badges below are the key, not a claim about any one surface.
Each product walks this ladder on its own schedule. Strategy surfaces render Paper today, and the meme launchpad is already Live on Robinhood Chain mainnet.
Everything is computed from simulated Paper fixtures. No user funds, no real transactions.
Real chain reads against a test network, with no real value at stake. Empty until it exists, never filled with paper data.
Real capital on mainnet, where a transaction cannot be undone. A card is only Live when every displayed field comes from a verified live source.
What is not live yet
Planned, not live
- Real-capital raises, strategy token trading, contributions, and refunds.
- Activation of the stock-enabled strategy stack. The earlier cash-custody stack is deployed, but no strategy has been created on it.
- Strategy performance fees, platform fees, and referral splits. The current V2 strategy vault does not collect them. The meme launchpad has its own trading fees.
- The manager bond. A planned commitment, not posted.
Season 0 and the Genesis managers
Season 0 will seat 12 Genesis Managers who run public paper strategies on Robinhood Chain. Every position, trade, return, and drawdown is visible; performance is measured, not claimed. Applications are open, and read-only Robinhood Chain support arrives next.
Built independently on Robinhood Chain. robindaos.fun is not affiliated with or endorsed by Robinhood Markets, Inc. or its affiliates.