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Overview

What RESOURCES is, what a Good is, and the four-step loop that runs every season.

What RESOURCES is

RESOURCES is the refinery for tokenized stocks on Robinhood Chain (chain ID 4663). Stock tokens go in as raw materials. Finished goods come out: Components, Products and one Legendary per season, each one backed by the stock tokens it was crafted from.

Every Good escrows its full recipe of underlying stock. That makes NAV a floor, not a guess: melt any Good at any time and the stock tokens come back to your wallet.

Silicon+Gold+Chip

The loop

  1. Refine. Every supported stock token counts as a raw material. There is no wrapper token: crafting pulls the stock straight into the Good. Read about refine
  2. Craft. Combine materials by recipe into a Good. A Good escrows every underlying stock. Read about craft
  3. Cap. Each recipe has a per-season mint cap. Once it fills, that Good only trades on the secondary market, which is where a premium over NAV can form. Read about cap
  4. Melt. Burn a Good at any time and the underlying stocks return to your wallet. The floor is always NAV. Read about melt

Season 1 at a glance

  • 8 materials, one per supported stock.
  • Tier 1 Component: no cap, ERC-20.
  • Tier 2 Product: cap 2,000 per recipe, ERC-20.
  • Tier 3 Legendary: cap 100 per recipe, ERC-721.
  • A season lasts 30 days.

Status

The app, the $RES token and the contracts are not live yet. Every address on this site shows Soon until deployment. Nothing here is a projection; there are no figures to report before launch.