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Vessel is a token and reward pool built for Robinhood Chain. Trading in its VESSEL / USDG pool generates reward fees. Those fees purchase a selected Stock Token, which eligible VESSEL stakers can claim. Holders may permanently burn VESSEL to vote on the next epoch’s reward asset.
Trading, staking and voting are separate actions. You do not have to burn tokens to earn staking rewards, and burning tokens does not increase your reward weight.
Connect an Ethereum-compatible wallet using the app’s wallet selector. The app checks the network and published contract configuration before allowing a transaction. Review the amount, allowance and minimum output before signing.
Trading VESSEL / USDG
Choose Buy to exchange USDG for VESSEL, or Sell to exchange VESSEL for USDG. The app requests a quote from the deployed router against the actual pool. Slippage tolerance sets the minimum amount you accept; an expired quote or a trade below that minimum will not execute.
| Charge | Purpose |
|---|---|
| 2% reward hook | Funds Stock Token purchases for stakers. |
| 0.25% pool fee | Stays with liquidity providers. |
| Network gas | Paid separately in ETH to execute transactions. |
The reward hook charges the actual unspecified swap leg: output on exact-input trades and input on exact-output trades. Fee currencies and bases vary, so these percentages are not an exact universal 2.25% charge on dollar notional. The displayed router quote includes the pool and hook effects.
When needed, the app requests a token allowance for the exact input amount. Approval and trading are separate wallet confirmations. A successful approval alone does not mean a trade was completed.
Staking and rewards
Staking records the amount of VESSEL held in the staking contract over time. For each 24-hour epoch, your reward weight is the sum of your token amount multiplied by the seconds it was staked. Your share is your weight divided by all participants’ weight during that epoch.
This pools the entire epoch’s fees; it does not calculate your share at the exact moment of each trade. Large late stakes can affect your share. There is no fixed return or promised APY.
You can withdraw your staked VESSEL independently of reward claims. Historical participation remains recorded. Delayed settlement therefore does not give your earlier rewards to someone who stakes after you leave.
Stock purchases happen after an epoch closes. If a route, oracle, market or transfer is unavailable, the obligation stays pending for the originally chosen asset. A 24-hour epoch is not a promise of a payment every 24 hours.
The Rewards tab shows amounts ready to claim from the next page of up to 64 funded epochs for each asset. If more remain, claim the current page and refresh. A zero-reward page shows Next page so you can advance the onchain cursor to later epochs; this also uses gas. Ineligible wallets retain their recorded rewards but cannot claim until eligibility is satisfied.
Burn voting
Choose a supported stock asset, enter the VESSEL amount, and acknowledge that the tokens will be permanently destroyed. A vote made in epoch N selects the reward asset for epoch N+1.
The asset with the most burned tokens wins. A tie favors the current reward asset when it is tied. Otherwise, the lowest numerical asset contract address wins. With no votes, the current asset continues.
Only burns made through the voting contract cast votes. Sending tokens to another address is not the same as burning, and independent token burns do not cast votes. Burning does not guarantee your choice wins or that its market remains available.
Liquidity and token allocation
VESSEL begins with one billion tokens minted once. There is no further mint function. The supplied configuration reserves 200 million tokens plus $250 USDG for nine concentrated-liquidity ranges. The remaining 800 million requires an explicitly declared recipient and distribution plan before production launch.
As buyers acquire VESSEL, USDG enters the pool. That is buyer-funded liquidity, not externally generated profit. Selling can reverse that flow. Quoted market value is not the amount every holder could withdraw.
The research model starts around $3,000 fully diluted valuation. It shows substantial early execution impact: approximately 11.45% for a $100 opening buy and 205.38% for a $1,000 opening buy, before modeled fees. These are scenario calculations, not forecasts or live quotes.
Protocol-owned liquidity cannot be directly withdrawn by an owner. Management can reposition it under time-delayed constraints. Custody restrictions do not eliminate losses from adverse market moves, manipulation or poor range decisions.
Explore every range, scenario and calculation ↗
Deployment and contracts
The registry below reads the same public app configuration as the transaction interface. Empty addresses are shown as unavailable. A local environment uses real local contracts and deliberately labeled mock stock assets; it is not a Robinhood mainnet launch.
Public app configuration · Launch configuration · Original technical guide
Production activation requires verified stock-purchase routes with real liquidity, price and sequencer feeds, an eligibility integration, explicit governance and allocation recipients, and independent contract review. Mainnet fork tests have verified direct purchases and transfers for all three Stock Tokens. Production deployment and the remaining integrations are still pending. Current oracle freshness rules can defer settlement when stock feeds stop updating over a market closure. The app remains unavailable for public transactions until the production requirements are satisfied.
Things to understand
- Stock Tokens provide economic exposure to underlying securities. They do not confer ownership rights in the underlying companies. Supported jurisdictions and investor eligibility matter.
- The initial choices are NVDA, TSLA and AAPL Stock Tokens. These names identify underlying exposures; they do not imply those companies endorse Vessel.
- Fees collected during an epoch with no positive stake-time remain reserved. This version cannot redistribute them to later stakers.
- Reward-asset approval is permanent. An unavailable voted asset may leave its rewards pending indefinitely.
- Other pools can trade VESSEL without this reward hook. Their trading volume does not necessarily fund Vessel rewards.
- Governance-approved execution routes, oracles, eligibility controls and underlying tokens remain trust dependencies.
Read the official Robinhood Stock Token documentation and integration guide for the underlying asset model.