the first bank of robinhood chain
ARTICLE I.
THIS IS A BANK.
YOU ARE THE DEPOSITOR.
THE DEPOSIT IS $BANK.
EVERY TRADE PAYS A SMALL TAX.
THE BANK KEEPS NOTHING.
THE BANK PAYS EVERYTHING BACK TO THE PEOPLE WHO HOLD.
(yes. that is the entire pitch. keep scrolling.)
ARTICLE II. HOW THE VAULT WORKS
EVERY TRADE PAYS TAX.
THE TAX GOES TO THE VAULT.
THE VAULT PAYS DIVIDENDS TO EVERY WALLET HOLDING $BANK.
A ROBOT DOES THIS. THE ROBOT DOES NOT SLEEP.
PART OF THE TAX IS BURNED FOREVER.
SUPPLY GOES DOWN. DIVIDENDS GO OUT.
(that is the whole business model. it fits in one sentence. your bank needs 4,000 employees for worse numbers.)
every dividend comes straight from the vault. click a receipt to verify it on robinhood scan.
| DATE | TO | AMOUNT | RECEIPT |
|---|---|---|---|
| VAULT SEALED — the bank opens with the token launch | |||
ARTICLE III. WHO GETS PAID
3.1 YOU HOLD. YOU GET PAID.
3.2 THE POOL DOES NOT GET PAID.
3.3 DEAD WALLETS DO NOT GET PAID.
3.4 THE BANK ITSELF DOES NOT GET PAID.
3.5 THERE IS NO 3.5. HOLD.
(every wallet below is a real depositor. straight from the chain. we cannot edit it even if we wanted to.)
current $BANK depositors. balance and share of the vault.
| # | ADDRESS | BALANCE | SHARE |
|---|---|---|---|
| VAULT SEALED — the bank opens with the token launch | |||
ARTICLE IV. THE FIRE
PART OF EVERY TAX IS BURNED.
BURNED MEANS GONE.
NOBODY CAN UNBURN IT.
SUPPLY ONLY GOES DOWN.
(every burn below is a real transaction into the dead address. the incinerator keeps receipts.)
| DATE | AMOUNT | RECEIPT |
|---|---|---|
| VAULT SEALED — the incinerator lights with the token launch | ||
THE CONTRACT
FINE PRINT (nobody reads this)
the bank is not a bank. the bank is a smart contract on robinhood chain that behaves better than a bank. deposits are not insured by the fdic, the government, your mother, or anyone else. deposits do not need insurance because the vault cannot run away. the vault is code. code does not take vacations in monaco with your money. member fdic: no. member robinhood chain: yes. the tax is collected automatically on every trade by the token contract. the tax is split by the processor contract. the dividend share is distributed to every wallet holding the minimum balance. distribution is executed on chain by a bot that pays its own gas. anyone can trigger the distribution. anyone can verify every payment. that is the point. past dividends do not guarantee future dividends, except the code cannot actually stop paying them while people trade, so draw your own conclusions. the burn share is sent to a dead address forever. nobody can unburn it. the supply only goes down. your share of the vault only goes up while you hold. if you sell, article 3.5 applies. the bank does not have a headquarters. the bank does not have opening hours. the bank does not have a manager you can ask to speak to. the bank has a wheel that never stops spinning. this text exists because every serious financial institution has fine print and we are a very serious financial institution. if you have read this far you are legally* obligated to hold $BANK. *not legally. emotionally. the bank thanks you for your deposit. the bank always pays. the bank never sleeps.