Scrip
@scrippay
Scrip invests a slice of your wallet's USDC inflows in the S&P 500 — same wallet, with a receipt anyone can open.
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31 Following 60 Followers
It really was a big week.
Study Solana.
rebuilt our launchpad this week.
on
→ pick a stock: nasdaq 100, s&p 500, tesla or nvidia
→ name your token
→ sign once
every trade's fee is paid in that stock, split between you and people saving with scrip.
@MeteoraEco this is what we built on DBC
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Every launchpad pays its creator. Ours pays savers.
Launch a token on @MeteoraAG's bonding curve, priced in the Nasdaq 100, S&P 500, Tesla or Nvidia. Every fee is paid in that stock, and a share of it matches people's savings.
Live on @solana mainnet:
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superteam = secret weapon of solana
There are now 20 teams building a stock market on @solana. We mapped all of them.
@xStocksFi @Ondo @Backpack @SuperstateInc @Raydium @JupiterExchange @MeteoraAG @phantom @kamino @krakenfx @PythNetwork @metaplex @RWA_xyz
Who did we miss?
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Building on @solana only feels real when you're locking up 3.13 SOL of rent just to deploy a program on mainnet.
Stocks used to have weekends.
Wall Street closed Friday at 4pm.
Tokenized stocks on @solana did 1,040,061 transactions before it opened Monday.
The S&P 500 at home.
Next time, turn on Scrip and have him send you USDC instead. A slice of every payment becomes the real S&P 500 in your wallet, by itself.
1.4 million hold stocks on Solana. The next step is not deciding to: a slice of every USDC payment, saved into tokenized stocks by itself.
What if every payment on Earth saved a slice into tokenized stocks? Building it on @solana.
We gave Earth a ring of tokenized stocks.
Built on @solana.
Most people I know who get paid in USDC own exactly one thing: USDC.
Not because they don't want stocks. Because investing is one more decision, and it never comes.
I spent a month on @solana making it not a decision. This is what happened:
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A month ago, Scrip was a spec. Today it's on @solana mainnet, saving a slice of every USDC payment into stock, by itself.
What we shipped, what broke, and where we entered it: @colosseum's World's Fair, @ShipyardPAK, and @MeteoraAG's DBC track ↓
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8 things a stock can do on @solana that it never could at a brokerage:
1. Be paid, like a line of salary
2. Obey a standing rule on an address: save 10% of every payment that lands
3. Remember why it arrived, on the receipt, forever
4. Vest from anyone to anyone, with no HR department
5. Arrive before the opening bell
6. Be given to an empty wallet, and claimed
7. Prove it was still held, measured on chain at 7 and 30 days
8. Price a token launch, so the launch's fees pay savers
Every one has a mainnet transaction behind it. Links below.
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You can now launch a token priced in Nvidia today.
Not in SOL. In Nvidia. Every buy pays in the stock, and every trading fee is the stock.
Pick the stock (Nasdaq 100, S&P 500, Tesla or Nvidia), name it, sign once from your own wallet. Keep half the fees, or send all of them to savers. The savers' share goes straight into a Scrip Plan that matches people's automatic savings.
A sniper pays 25% in the first minute. A holder pays 1% after the hour.
Built on @MeteoraAG's bonding curve. Live on @solana mainnet. 👇
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The demonstration, read from the chain: launched, filled, graduated, every fee claimed into the Nasdaq 100 Plan.
A launch is a speculative token, not a stock. xStocks are issued by Backed, who can freeze or move them. Not offered to US persons.
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We built a launchpad on @solana where the fees don't go to the creator.
They go to savers.
Launch a token priced in Nvidia, Tesla, the Nasdaq 100 or the S&P 500. Every buy pays in that stock. Every trading fee is that stock.
The savers' share goes straight from @MeteoraAG's bonding curve into a Scrip Plan, which adds it to people's automatic savings. In stock, in their own wallets.
Say a launch trades $1M at the 1% fee: $4,000 of Nvidia goes to savers.
The fee starts at 25% and falls to 1% within the hour. A sniper bot pays savers. A holder doesn't.
Live on Solana mainnet. Our demonstration launch graduated to Meteora DAMM v2 on Saturday.
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Auto-invest in any tokenized stock on @solana just by receiving USDC.
Every automatic save shows the price it was checked against, how old that price was, and how far the fill was from it. Read from the chain.
Tokenized stocks are issued by Backed (xStocks), Ondo or Backpack; most issuers can freeze or move them. Not offered to US persons.
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