Today on MCG
@Natan_benish founder
@longdotxyz | $AI
LONG lets you pick a stock, launch a new token on top of it, and trade it normally while the underlying stock token driving the market floor.
Highlights include:
03:36 - The thesis
09:23 - Pair with USDG as a fallback, but you lose the stock's upside as the quote asset
16:37 - How it works
19:04 - Why Robinhood is sticky (and other chains aren't)
24:04 - The traction so far...
27:30 - Fee model
30:28 - No ecosystem token, by choice
35:00 - The WallStreetBets parallel
42:35 - On some stocks, LONG's pools represent a big share of Robinhood's on-chain float
43:44 - Positive arbitrage emerging