Robinhood Chain is becoming the home for tokenized stocks and RWAs, but most of these assets are still just sitting there doing nothing. That’s why @EARNONHOOD caught my attention. EARN is building DeFi for RWAs, letting tokenized stocks like NVDA, GME, SPY and SPCX actually generate yield. Their Yield Vaults automatically market make on Uniswap v4 and earn from real trading fees, no token incentives. Current APRs are pretty crazy: • GME / USDG ~241% • NVDA / USDG ~94% • SPCX / USDG ~349% • SPY / USDG ~245% And now @EARNONHOOD is taking it one step further with MAKER, a self-custodial platform for RWA market making. Instead of just depositing into a vault, anyone can create custom Uniswap v4 strategies for tokenized stocks, choose their own ranges, earn trading fees, and benchmark the performance of their strategies. Basically, they’re opening up the same market-making yield that TradFi has captured for years and bringing it onchain for RWAs. They also have lending markets built on Morpho, so you can use tokenized stocks as collateral to borrow USDG. And there’s an actual use case for $EARN. The protocol takes a cut from the fees generated by its strategies to buy back $EARN and distribute it to stakers. More RWA trading volume = more fees = more $EARN buybacks. If Robinhood Chain keeps growing as the home for tokenized RWAs, someone needs to build the yield and market-making layer for all these assets. @EARNONHOOD is doing exactly that.
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