The vision
For the first time, stocks can become productive onchain assets.
Traditional stock ownership has largely been passive: hold the asset and wait for price appreciation or a dividend. Bringing stocks onchain changes what ownership can do. Tokenized stocks can now be deployed into programmable markets, provide liquidity and earn fees from real trading activity.
Trillions of dollars sit in stocks with no native way to earn from the markets they trade in. Now that stocks are onchain, that changes. EARN is creating a new financial primitive that turns market volatility and trading activity into real yield for stock holders.
The long-term goal is simple: build the default yield layer for every stock that moves onchain.
Why EARN
Purpose-built vaults. Highly custom strategies. A new source of stock yield.
EARN is launching the first purpose-built yield vaults for tokenized stocks on Robinhood Chain. These are not generic farms or passive liquidity positions. Each vault is supported by a custom strategy designed around the behavior of its underlying stock market.
EARN strategies monitor volatility, live price location, trading activity, inventory balance, range utilization and realized fees. The objective is to identify where liquidity can work hardest, capture volatility-driven trading fees and adapt as market conditions change.
Built specifically for tokenized equities.
Each market has its own volatility, price behavior and liquidity profile. EARN strategies are configured for the asset instead of forcing every stock into one generic model.
Continuously search for productive liquidity.
Agents monitor the market and support decisions around range placement, capital deployment, fee collection and rebalancing. These are operations individual LPs would otherwise need to manage manually.
Earn from demand to trade stocks onchain.
Yield originates from swap fees paid by market participants. When volume and volatility create trading activity, productive liquidity has an opportunity to earn.
The protocol
EARN connects three sides of the market: people who want productive exposure to stock tokens, traders who need liquidity, and strategies that know how to deploy capital efficiently.
- 01Users supply capital
Deposit a supported stock token, USDG or both and receive proportional vault shares.
- 02EARN deploys liquidity
The strategy positions pooled assets inside an active onchain market.
- 03Trading creates yield
Swaps pay fees to the liquidity position. This is market-generated yield, not an emissions promise.
- 04Value returns to the vault
Net collected fees remain in the strategy and are reflected in the assets represented by each share.
Users do not need to choose ticks, calculate liquidity ratios, collect fees or execute rebalances themselves. EARN turns those operations into a managed vault experience.
Agent strategies
The vault is the interface. The strategy is the intelligence.
Liquidity is not static. The useful range changes with price, volatility, volume and inventory. EARN is designed around proprietary agents that can monitor these conditions and optimize how capital is deployed onchain.
Track price, utilization, range health, inventory and realized fee performance.
Evaluate where liquidity can be productive without ignoring execution cost and risk.
Rebalance, collect and compound through tightly permissioned strategy controls.
Use measurable onchain outcomes to refine future strategy decisions.
The live protocol begins with actively managed strategies and explicit controls. The architecture is intended to support progressively more automated decision-making as the system is tested, measured and hardened.
Where this goes
NVDA and GME are the starting point, not the boundary. The same liquidity infrastructure can extend across stock tokens, market types and strategy profiles as the onchain equity economy grows.
Launch focused stock-token vaults, build operating history and make performance transparent.
Add markets and strategies while improving automation, capital efficiency and risk controls.
Become the coordination layer where assets, capital and agent strategies meet onchain.
Every new stock market creates demand for liquidity. Every successful strategy makes the network more useful.
Technical reference
This section collects the current implementation details in one place. They describe the live product, not a guarantee of returns.
Shares represent a proportional claim on the vault's stock token, USDG, deployed liquidity and idle assets. Their USD value can rise or fall.
Users can provide both assets or use a zap that swaps the required portion with minimum-output, refund and deadline protections.
Burning shares returns the corresponding share of both assets. It does not promise the original token mix or deposited USD value.
When LP fees are collected, 85% remains with the vault and 15% is charged on newly collected fees without repeatedly charging the same assets.
Guarded actions can be blocked when the reference is stale or deviates too far from the live pool. User transactions also apply slippage bounds.
Users control deposits and their own shares. Rebalancing, compounding, pausing and strategy operations require authorized roles.
Live contracts
Always confirm the address displayed by your wallet before signing. These links open the live contracts on Robinhood Chain Blockscout.
Core risks
EARN vaults are not savings accounts. Returns are variable and deposits are exposed to loss.
Price movement, impermanent loss, out-of-range liquidity and rebalancing costs can outweigh fees.
Vault, zap, token, Uniswap and chain contracts may contain defects or unexpected interactions.
Oracle, keeper, RPC or network disruption can delay or block guarded actions.
Stock tokens carry issuer and market dependencies; strategy decisions and authorized roles introduce additional risk.
FAQ
What is EARN trying to become?
The yield layer for onchain stocks: a network of vaults and automated strategies that makes stock-token capital productive while supporting deeper markets.
Where does the yield come from?
From swap fees paid by traders using the underlying liquidity pools. It is market-generated and varies with volume, TVL, positioning and strategy performance.
Is the displayed APR guaranteed?
No. It annualizes a historical observation of realized fees. Future volume, TVL, range utilization and returns can be materially different.
Do I receive a separate fee token?
No. Your vault shares represent your portion of the underlying position. Collected net fees remain part of the vault's assets.
Can I lose money while the vault earns fees?
Yes. Trading fees can be outweighed by price movement, impermanent loss, rebalancing costs or other risks.