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David Alexander II
@Mega_Fund
Programmable Assets @anchorage 🌑 || @anagramxyz | @YZiLabs | @ConsenSys ||
Joined October 2011
589 Following    3.1K Followers
Robinhood Chain launched 3 weeks ago and has seen over $500M of capital inflows. One of its most powerful strategies is its lending layer. @RobinhoodApp Earn offers 7% USDG yield on deposits, powered by @Morpho, and lives inside the main Robinhood app. So any of their 27M+ customers can start earning in a few taps. Morpho deposits on the chain have surged to $222M, up 74% this past week alone, and the Earn feature hasn't even reached everyone yet. The yield product is what gets capital onto the chain. That capital feeds the broader strategy: tokenized stocks. And as liquidity begets liquidity, Stock Tokens can trade 24/7 on @Uniswap and be used as margin collateral for perps on @Lighter_xyz. So the user experience is decidedly 1-click and all of this happens without leaving Robinhood's ecosystem. data: @artemis
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