How Synth Market works.
Markets trade against USDG on a bonding curve. The treasury share of every fee accumulates for conversion into the market's permanently selected Robinhood Stock Token. This page is the whole mechanism, in plain words.
The Market.
Every market consists of a meme token, bonding curve and dedicated Treasury Vault.
At launch, the creator permanently selects one supported Robinhood Stock Token as the market's Treasury Asset. That choice cannot be changed afterwards.
The meme token is not pegged to, nor backed by, the price of the selected Stock Token.
Trading.
Markets initially trade against USDG on a bonding curve — for example CHIP / USDG.
80% of supply is available through the curve and 20% is reserved for graduation.
Fees.
Every trade currently models a 1.00% fee, collected in USDG and split at settlement by the fee router.
Example: a $1,000 trade produces a $10 fee — $6 to the market treasury, $2 to the creator, $2 to the protocol. The $6 becomes pending treasury funds until execution.
The Treasury.
Treasury fees accumulate in USDG. The intended production Treasury Executor converts accumulated funds into the market's selected Robinhood Stock Token and deposits it into that market's dedicated Treasury Vault.
Every market displays its Stock Token balance, pending treasury funds, treasury value and vault address.
Contracts and execution are not deployed. All balances and transactions shown in this prototype are simulated.
Graduation.
When the bonding curve completes, reserved token supply and collected liquidity transition into a TOKEN/USDG AMM pool and the position is locked.
The market's Treasury Vault continues operating after graduation and remains attached to the same market.
Stock Tokens.
SYNTH MARKET is designed to compose with supported Stock Tokens on Robinhood Chain. Each supported asset is identified by its canonical contract address, not merely its ticker symbol.
Creators may only select assets present in the registry; arbitrary token addresses are never accepted. SYNTH MARKET does not issue Robinhood Stock Tokens.
Contracts.
Placeholder Robinhood Chain addresses. These slots map one-to-one onto the service layer the frontend already calls.
Risks.
Meme tokens and Stock Tokens can both lose value, and meme tokens can go to zero.
Smart contracts carry risk and may contain bugs. Liquidity can be limited. Treasury execution can fail, be delayed, or experience slippage.
This application is a prototype using simulated data; no contracts are deployed. Nothing here is financial advice.
Owning a SYNTH MARKET meme token does not give ownership, redemption rights, dividends, voting rights, or any other rights in the underlying public company.