@RobinhoodCrypto posted 4 words yesterday that most people scrolled past: URC-5 is live 58K views Here's why it matters for every hook token on Robinhood Chain Hook tokens charge their fee in their own pool. Anyone can open a second pool with no fee and trade there instead. Those are "vampire pools" How bad it gets: 1. $INDEX charges 3% to pay holders in stocks 2. On Oct 26, ~94% of its trading went through pools that paid nothing 3. Holders got paid from the remaining 6% URC-5 is a Uniswap standard that lets a token say where it officially trades. Robinhood Chain and Uniswap v4 now support it It only helps tokens that adopt it Which RH token should be first to switch on URC-5?
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$IndexStamped with the block it was said at, and the coin's price right then. It can't be moved later. at block101,059,451market cap then$9.53Mnow−18.5%best1.01×1h−8%24h−1.3%- price read from Uniswap v4 pool 0x00dd2df2…edf3 at block 101059451
- ETH priced in USDG at Uniswap v3 pool 0x52e65b…71ca
- 19,470,175 Index at burn addresses not counted in supply