the move we show you
Providing liquidity is not holding
If the stock moves a lot in either direction, a position is worth less than simply holding the two tokens. Fees have to cover that gap. The app shows the gap for a 25 percent move in either direction, for your range, before you sign. This can lose money.
fees out of range
Out of range means paused, not lost
When the price leaves your range the position holds one token and earns nothing until the price comes back. Nothing is liquidated. Exit or reopen at a new range whenever you like.
transaction of exposure
Our contract holds nothing
Funds pass through our custom v4 smart contract inside a single transaction and end up in the pool, in a position you own. There is no pot to steal. A bug can only ever touch one transaction, capped at launch.
price feed
Weekends and issuer controls
The pool trades all week; the price feed rests when Wall Street does, so the two can drift apart. Robinhood, as issuer, can pause or restrict its tokens. Neither is ours to control, so both are stated here.