Ask about StonkPress

Logo of StonkPressStonkPress

Total Value Locked$63,590

TVL by Chain

Robinhood Chain$63,590

Key Metrics

Staked$7,180

Protocol Information

StonkPress is a liquidity programme for the SPY stock token on Robinhood Chain. PAPER targets 0.0001 SPY: above target the protocol prints PAPER to PLATE stakers, below target it buys PAPER back. Farms pay PAPER and oPLATE for SPY liquidity.

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Category:Algo-Stables

Methodology

TVL: TVL is single-asset deposits (SPY, WETH, USDG and partner tokens) in the Genesis and reward pools. Pool2 is PAPER/SPY and PLATE/SPY LP staked in those pools, and staking is PLATE in the Masonry; PAPER and PLATE are valued through their SPY pairs.View code on GitHub

Competitors

Frax ($39.81m)Mento V2 ($12.78m)Sigmausd ($488,200)Ostable ($312,091)Basis Cash ($205,653)SPOT Cash ($194,957)Dopple Finance ($163,134)Frax FPI ($94,408)USE ($89,504)Finext Finance ($61,185)

Frequently Asked Questions

What is StonkPress' TVL?

StonkPress currently has $63,590 in total value locked.

What chains does StonkPress operate on?

StonkPress operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.

How does StonkPress' TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, StonkPress ranks #10 by TVL. The category holds $54.53m across 99 protocols, and StonkPress accounts for 0.1% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, Basis Cash, SPOT Cash, Dopple Finance, Frax FPI, USE, and Finext Finance.