THE CHRONICLE

$ROBIN is a memecoin about a Shiba Inu in a green cape. It has no business behind it, no revenue, no governance and no promise. What follows is how it is built.

The pairing

$ROBIN's liquidity is paired against $HOOD, a tokenized-stock asset on Robinhood Chain, rather than against a stablecoin. In a constant-product pool the quote asset receives the full value of every purchase, regardless of price impact. The HOOD sitting in the $ROBIN pool is therefore a running total of net buying, denominated in stock.

Nobody has to want HOOD. A buyer sends whatever they hold, and the router sources HOOD on the way in and leaves it in the vault.

Why the float matters

There are roughly ten thousand HOOD tokens on the entire chain. The Vault page reads that number live, along with how much sits in open pools, how much is locked inside rival bands, and how much sits in wallets. Only about a quarter of it can actually be bought.

What is not claimed

  • Not a security. No ownership, no revenue share, no governance, no expectation of profit from anyone's efforts.
  • Not affiliated with Robinhood Markets, Inc. The name is a joke about an English folk outlaw.
  • Not a claim on the HOOD token's backing. That asset does not carry the naming convention Robinhood's own issued tokens use. Verify its issuance yourself.
  • Not a roadmap. Everything on this site exists today. Nothing is promised for tomorrow.
  • Not a corner. The Vault page publishes how expensive taking the float would be, including the point where it becomes impossible.

The number to watch

Percentages of a float move around as the float changes. How much HOOD is sitting in the vault is on the front page, read from the chain every thirty seconds. If it falls, that shows too.