Robinhood Chain

Built around $RCAT.

$KITTY trades directly against tokenized $RCAT. Buys and sells pay 1%, and that fee is used to buy more $RCAT. That is the whole mechanic.

$KITTY the red cat
TINY FLOAT · FAT SHORTS1% IN · 1% OUT · 100% $RCAT30% OF THE STOCK IS SOLD SHORT$40K TOKENIZED PILECOLLAR TAG: RCATFEES BUY THE STOCK TOKENROBINHOOD CHAINTINY FLOAT · FAT SHORTS1% IN · 1% OUT · 100% $RCAT30% OF THE STOCK IS SOLD SHORT$40K TOKENIZED PILECOLLAR TAG: RCATFEES BUY THE STOCK TOKENROBINHOOD CHAIN

Market setup

Small pool. Crowded short.

Two numbers matter here: about 30% short interest in RCAT and roughly $40k of tokenized $RCAT onchain. $KITTY uses trading fees to keep adding more tokenized $RCAT.

Paired asset

$RCAT

Tokenized $RCAT

RCAT price

$8.59

Red Cat Holdings

Onchain supply

$40k

Approx. tokenized value

Short interest

30%

Approx. listed-stock short interest

How it works

One pair. One fee.

01 trade · 02 fee · 03 stack

01

Trade $KITTY / $RCAT

The pool pairs $KITTY directly with tokenized $RCAT on Robinhood Chain.

02

Pay 1%

1% on buys and 1% on sells. No complicated tokenomics hiding behind it.

03

Add more $RCAT

The fee is used to buy tokenized $RCAT and send it to the Vault.

Where the fee goes

Same rule on both sides of the trade.

Trade $KITTY

Swap enters the pool

1% fee

Buy or sell

Buy $RCAT

Send it to the Vault

Vault

$RCAT goes in. That is the point.

Trading fees are converted into tokenized $RCAT and sent here. The Vault is not a redemption pool and it does not represent equity ownership.

Vault status · awaiting first trade

Vault value

$0

Starts at zero

$RCAT held

0.00

× $8.59

Tax

1/1

1% buy · 1% sell

Fee allocation

100%

Used to buy $RCAT

AssetHeldNotes
$RCATRed Cat Holdings0.00Stacked from the tax
$KITTYMeme—Not kept. That's the joke.

Simple on purpose

  • Tokenized $RCAT onchain: roughly $40k.
  • Listed-stock short interest: roughly 30%.
  • Every taxed $KITTY trade adds more $RCAT to the Vault.
  • The Vault is not redeemable and creates no equity claim.

RCAT chart

Watch $RCAT.

This chart tracks Red Cat Holdings equity for context. It is not the $KITTY pool or the tokenized asset.

Last

$8.59

Change

+1.18%

Day high

$8.98

Day low

$8.49

Mar 2Mar 11Mar 23Apr 2Apr 14Apr 24May 6May 18May 29Jun 10Jun 23Jul 6Jul 15Jul 27Aug 6Aug 18Aug 31$6$9$12$15$18

Source: Yahoo Finance · RCAT equity

Robinhood Chain

One pair. That is the bit.