Coins backed by a leveraged portfolio

Stakd is a launchpad on Robinhood Chain mainnet. Anyone can launch a coin and give it a portfolio of up to six stock or crypto positions — for example 2x long SPY, BTC and ETH. Every trade of the coin pays a small fee in ETH. Most of that fee funds the portfolio on Lighter, and when the portfolio makes money, profits buy the coin back and burn it.

How it works

1. Launch. A creator picks a basket and a fee. The coin goes live in a Uniswap v4 pool paired with ETH. No ETH is needed to launch.
2. Trade. People buy and sell the coin with ETH. Every trade pays the coin's fee in ETH.
3. Fund. 60% of fees become margin: swapped to USDG on Uniswap and deposited into Lighter. 40% goes to the platform.
4. Trade the portfolio. An automated keeper opens and maintains the basket's positions on Lighter.
5. Burn. When the portfolio is in profit, 75% of realized profit buys the coin and burns it.

Launch a coin

Go to Create coin, connect a wallet on Robinhood Chain, and choose:

• Name and ticker.
• Basket: 1–6 Lighter markets (stocks like SPY, NVDA, TSLA or crypto like BTC, ETH), each long or short, with a weight (all weights add to 100%) and 1x–10x leverage. The basket is saved on-chain and can never be changed.
• Trading fee: 1%–5%, charged on every buy and every sell.

What every coin gets

• Fixed supply: 1,000,000,000 tokens. Nobody can mint more.
• Locked liquidity: the whole supply goes into the pool from a ~$5K starting market cap. The liquidity is owned by the factory contract, which has no way to remove it.
• No ETH to launch: you only pay gas. Buyers' ETH fills the pool as they trade.

Buy & sell

Each coin page has a buy/sell panel. Buying spends ETH; selling returns ETH. The page shows the expected amount and protects you with a 3% slippage limit. Because coins live in standard Uniswap v4 pools, the fee applies no matter which app or router you trade through.

Fees

The fee is set by the creator between 1% and 5% and is always taken in ETH, never in tokens, on both buys and sells.

Leverage portfolio

Each coin has its own Lighter sub-account, fully separate from every other coin. The keeper sizes each position as margin × weight × leverage and rebalances when a position drifts more than 10% from target.

New fees keep flowing in, so positions grow over time in the same proportions. Margin is sent in batches, and each coin can send at most 1 ETH of margin in total (the platform can raise this cap).

Profit, buyback & burn

The keeper tracks the portfolio's high point (all margin deposited plus past gains). When the portfolio is more than 10% above it:

1. Half of the gain is realized by trimming positions.
2. 75% of the realized profit is withdrawn from Lighter, swapped to ETH, used to buy the coin, and the coins are burned.
3. 25% stays in the portfolio as extra margin.

New fee deposits raise the high point too, so fees are never mistaken for profit.

Losses & safety stop

• If the portfolio is down, no buybacks happen until it recovers above its high point.
• Positions shrink automatically as margin shrinks, and new fees rebuild them.
• Safety stop: if the portfolio falls 35% below its high point, the keeper closes all positions and pauses that coin's trading. The coin itself keeps trading normally.

Security & trust

Enforced by the contracts

• Fees can only be paid into that coin's treasury.
• The platform share can only go to the platform wallet.
• Margin can only be swapped to USDG and deposited into Lighter.
• Returned profit can only buy back and burn the coin — it cannot be withdrawn.
• Pool liquidity can never be removed.
• Changing where margin goes requires a public 2-day waiting period.

What you trust Stakd for

Positions on Lighter are run by the Stakd operator's keeper and account. Stakd runs the keeper; it follows each coin's on-chain basket and does not choose trades.

Contracts

All on Robinhood Chain mainnet (chain ID 4663).

Risks

• Leverage magnifies losses; positions can be liquidated.
• Stock markets on Lighter trade on a 24/5 schedule; positions may not rebalance on weekends.
• The keeper must stay online; Lighter itself is a third-party exchange.
• The contracts have not yet been externally audited.
• Nothing here is financial advice. Coins can lose all value.