The Index
indexSome facts remain unverified
The site and explorer align on INDEX and 0x5691…9870 and disclose the 3% fee, 10,000-token eligibility threshold, and no-vote/no-dividend boundary. Legal redemption, administrator and keeper authority, upgradeability, and threshold-change controls were not established.
What is The Index?
The Index (INDEX) is a Robinhood Chain ERC-20 identified by 0x56910D4409F3a0C78C64DD8D0545FF0705389870. Its current product taxes token trades in ETH and uses treasury ETH to buy a basket of Robinhood Chain stock tokens for direct distribution to eligible wallets.
What problem does The Index solve?
The protocol tries to turn token trading fees into an on-chain basket rather than leaving fees solely with a team or liquidity pool. Eligibility currently means wallets above 10,000 INDEX, and distribution depends on trading volume, liquidity, price feeds, Robinhood Chain RPC conditions, and keeper execution.
How does The Index work?
The product says a 3% ETH fee funds equal-part purchases of supported stock tokens and pro-rata wallet distributions. It expressly says recipients get tokenized stocks, not brokerage shares, with no voting rights or dividends. The reviewed material does not establish legal redemption rights, administrator and keeper controls, contract upgradeability, or whether the eligibility threshold can change.
Key facts
- CoinGecko ID the-index and the product map to contract 0x5691…9870 on Robinhood Chain.
- The product charges a 3% ETH trade fee and buys supported stock tokens in equal parts.
- Wallets above 10,000 INDEX are currently described as eligible for pro-rata distributions.
- Distributed assets are tokenized stocks, not brokerage shares, and do not include voting rights or dividends.
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Frequently asked questions
Does INDEX pay stock tokens?
The product says eligible wallets receive pro-rata tokenized-stock distributions funded by a 3% ETH trade fee.
Are those brokerage shares?
No. The site says they are tokenized stocks without voting rights or dividends.
Are distributions guaranteed?
No. They depend on fees, liquidity, price feeds, chain RPC conditions, and keeper availability.
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