Payable to the
bearer, in stock.
Every trade of $PILE buys real tokenized stock into a reserve held onchain. Not a figure on a dashboard. Actual shares you can redeem, at will, forever.
This certifies that each $PILE represents a redeemable, pro-rata claim on a basket of real tokenized equities, held in reserve on Robinhood Chain and payable to the bearer on demand.
Four clauses, enforced in code.
No manual treasury, no promises, no trust. A Uniswap v4 hook executes every article on every single trade.
Trade
Any buy or sell of $PILE passes through the pool. Nothing to sign, nothing to opt into.
Skim
The hook withholds a small fee into the reserve, denominated in USDG. Sells are levied more heavily than buys.
Acquire
The reserve purchases a basket of real tokenized stocks and holds them, executed on a schedule to avoid slippage.
Redeem
Surrender your $PILE and receive your pro-rata share of the actual stock. Permissionless, and always open.
The register of holdings.
A small, liquid, iconic basket at issue. Weights are targets the hook maintains onchain. Every line is verifiable on the block explorer once struck.
| Holding | Issue | Target weight |
|---|---|---|
| NVDA | Nvidia Corporation | 25.0% |
| AAPL | Apple Inc. | 20.0% |
| MSFT | Microsoft Corp. | 20.0% |
| SPY | S&P 500 Index | 20.0% |
| TSLA | Tesla, Inc. | 15.0% |
| Total reserve | 100.0% |
Held in reserve, redeemable at will. Post-issue, bearers may propose new registers: a Mag-7 pile, an index pile, an AI pile.
The redemption coupon.
Once struck, enter your wallet and Stockpile draws up exactly what stock your $PILE can claim, then issues you a coupon to keep.
Present the bearer
Paste any Robinhood Chain address to read its redeemable holdings straight from the reserve.
Figures below illustrate the coupon format. Live values are read from the reserve contract at issue.
The hallmarks.
The board is full of reserves that are a number typed on a page. This one is the contract's balance. Do not trust it. Check it, and leave with the stock.
The reserve holds real tokenized stock-token ERC-20s. Its holdings are the contract's onchain balance.
The v4 hook skims each swap and acquires the basket. Watch the reserve grow, trade by trade.
Surrender $PILE, receive your pro-rata slice of the actual basket. Anyone, any hour, no gate.
NAV is reserve value over supply, from Chainlink feeds. Redemption arbitrage pins price to real backing.
Don't trust it. Verify it.
Anyone can print a certificate. These six things are what make the reserve real, and every one is public and onchain. Until they're live, we don't claim to be backed. That's the difference between a receipt and a napkin.
Reserve wallet
The public address holding the real tokenized stock. Read its balances yourself, any time.
Redemption contract
The verified redeem() contract. Burn $PILE, withdraw your pro-rata stock. Permissionless.
Live reserve readout
Every number on this page read straight from chain state, not typed in by us.
Chainlink Proof-of-Reserve
Independent oracle attestation of the backing behind the tokens.
Audit & locked liquidity
Third-party audit of the contracts, plus permanently locked LP, both provable onchain.
Treasury control
Admin renounced or timelocked. No one can drain, mint, or reroute the reserve.
Plain supply. Honest fees.
Fair-launch bias. No hidden founder stock-sale.
Struck via a v4 pad; LP permanently locked, provable onchain.
Paxos dollar, 1:1. Stock is held as the reserve backing.
Is the stock truly held, or is this another dashboard?read
How is redemption performed?read
What restrains selling?read
Why does a price floor exist?read
Is this a security? May anyone hold it?read
Who authors the contracts?read
Strike the reserve.
Issued on Robinhood Chain. Be present when the first stock is entered into the register.