Long.xyz, a meme-token launch platform for tokenized stocks on Robinhood Chain, said on Sept. 26 that it has introduced "LONG 500," a product aimed at building a financial layer for onchain stock communities. The project described its goal as becoming the "S&P 500 for tokenized stocks" while turning the AI community treasury into a diversified reserve owned by the community on Robinhood Chain.
The platform currently supports more than 70 tokenized stocks. Under the newly announced mechanism, every newly launched stock-pair pool will direct part of its stock-token trading fees into the meme coin AI community treasury. Long.xyz said this structure is designed to let AI holders gain exposure to and support new stock communities, while allowing project creators to connect with the existing AI community and its user base.
For each new stock-pair pool, 5% of fees will go to the AI reserve, and another 5% will be used to buy back and burn the token paired with the stock. The buyback can be triggered by anyone around the clock. Long.xyz added that the liquidity-pool auto-compounding mechanism will remain in place and creator fees will stay unchanged. The team also plans to upgrade the community treasury for all previously listed pairs and add new features.
Long.xyz, a meme-token launch platform for tokenized stocks on Robinhood Chain, announced on Sept. 26 that it has rolled out "LONG 500," a product it says is meant to build a financial layer for onchain stock communities.
The project said its aim is to become the "S&P 500 for tokenized stocks" and to develop the AI community treasury into a diversified reserve owned by the community on Robinhood Chain.
LONG currently supports more than 70 tokenized stocks. Going forward, each newly launched stock-pair trading pool will send a portion of stock-token fees directly to the meme coin AI community treasury.
Fee split for newly launched stock pairs
According to Long.xyz, the structure gives AI holders a way to access and support new stock communities, while project creators can connect to the existing AI community and its users.
- 5% of fees generated by each new stock-pair pool will go to the AI reserve;
- another 5% will be used to buy back and burn the token paired with the stock;
- the buyback can be triggered by anyone 24/7.
The liquidity-pool auto-compounding mechanism will remain in place, and creator fees will not change.
Planned upgrades for earlier pairs
Long.xyz also said it plans to upgrade the community treasury for all previously listed trading pairs and add new features.
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