$STOCK

Plain-language summary

$STOCK is the transferable market token launched through Pons on Robinhood Chain. Depositing $STOCK into StonksShares creates a non-transferable receipt called $STOCKS. Its displayed balance follows a global share index that the owner may raise with a rebase action.

Before the receipt contract is frozen, an account may close its entire position and receive its recorded $STOCK principal. After the permanent freeze and treasury closing snapshot, eligible receipt holders may claim a pro-rata quantity of the treasury's target token once.

There is no presale or private subscription desk.

Exact lifecycle

1. Acquire. Obtain $STOCK through its canonical Pons token page on Robinhood Chain.
2. Deposit. Approve StonksShares, then call deposit(amount). Receipt units are calculated from the amount actually received and the current index.
3. Rebase. While live, the owner may call rebase(profit). The new index equals the prior index plus prior index × profit ÷ visible receipt supply.
4. Exit or remain. Before freeze, exit() burns the caller's entire receipt balance and returns recorded principal only. Partial exit is unavailable.
5. Freeze. The owner may permanently stop deposits, exits and rebases.
6. Close treasury. The owner supplies a redemption ERC-20. Its total supply and the current target-token balance are fixed as the redemption snapshot.
7. Redeem. Each eligible address may call redeem() once for target snapshot × its redemption-token balance ÷ redemption supply.

The contracts define no epoch length, fixed rate, APY, automatic rebase schedule, reward cap, partial exit or guaranteed target value.

Market launch venue

Pons creates fixed-supply token launches on Robinhood Chain and places launch liquidity in a Uniswap V3 WETH pool. The launchpad market is separate from the StonksShares deposit contract and the Stonks treasury.

The supplied Stonks treasury contract expects a Uniswap V2-style router interface for owner-directed target purchases. A compatible treasury router address must be selected and verified independently; the Pons V3 pool address must not be substituted for that router.

Treasury accumulation and closing

The Stonks contract accepts ETH. During accumulation, its owner selects the amount, minimum output and deadline for each router purchase of the current target token. The target can change only while the present target balance is zero.

Closing permanently stops purchases and target changes. It snapshots target-token balance and the total supply of the ERC-20 address selected by the owner. Operational policy should require that address to be the frozen StonksShares contract, but the supplied treasury code does not enforce that link.

• The target-token balance cannot be recovered through the generic recovery function.
• Other ERC-20 tokens may be recovered by the owner.
• Remaining ETH may be withdrawn by the owner after closing.
• The contract does not calculate NAV, backing, price, runway or fees.

Canonical contract register

Network: Robinhood Chain (Chain ID 4663 / 0x1237). Explorer: Robinhood Chain Blockscout. Launch venue: Pons launchpad.

Material contract and market risks

• Owner control: the owner controls rebases, freeze timing, target selection, purchases and treasury closing.
• Rebase discretion: profit values have no schedule, cap or funding verification. More receipt units do not guarantee more $STOCK or target value.
• Freeze finality: once frozen, users cannot exit StonksShares for principal.
• Contract-link risk: the treasury owner can select an arbitrary ERC-20 as the redemption token.
• Snapshot timing: redemption uses balances at claim time against a fixed supply denominator. Freezing the selected receipt token before closing is operationally critical.
• Target risk: the owner-selected target token may lose value, lack liquidity or impose transfer restrictions.
• Smart-contract risk: the supplied code may contain defects and should be independently reviewed before deployment.

Required launch file