Robinhood Chain · Weekly yield · USDG

Reap on Fridays.

Earn weekly yield on your tokenized stocks on Robinhood Chain. Paid in USDG every Friday.

Yield comes from selling options and is not guaranteed. Stock Tokens carry risk of loss.

No round is open right now. The next one shows up here.
01 · Value bound
$$0
in Cordons and open rounds
02 · Products live
05
Cordons and vaults
03 · Harvests settled
00
rounds so far
04 · Premium harvested
$$0
paid out in USDG

Live figures. They change as rounds settle.

The granary

A wild field scatters its seed and keeps little. Rome learned to bind the harvest, store it, and measure it out on a fixed day. They called the whole of it the annona. Markets are wild fields. We bind the world’s great companies into Cordons. We prune them on schedule. We harvest the premium every Friday. No noise. No gambling. Just a full granary.

cMAG7 · CordonLive
AAPLMSFTGOOGLAMZNMETANVDATSLA
WeightsEqual · 14.29%
NAV per share$0.00
Pays premiumNo
Mint with USDG
Minting needs the market to be open.
Pruning—
Weights drift with the market. The keeper trims them back.
sNVDA · Spur VaultLive
You depositNVDA
Strike this weekNo round open
Premium✦ paid up front
Realized APY—
Join next round
Deposits queue for the next round.
gNVDA · Graft VaultLive
CollateralUSDG
StrikeBelow today’s price
SettlementCash
Realized APY—
No round open
The next round shows up here.
Next HarvestFRI 16:00 ET
My field harvested +0.42% this week.
HARVEST CARD · PREVIEWDEMO
Your WallPreview
Same wallet, same drawing. A sample wallet is shown here.
cMAG7 · CordonLive
AAPLMSFTGOOGLAMZNMETANVDATSLA
WeightsEqual · 14.29%
NAV per share$0.00
Pays premiumNo
Mint with USDG
Minting needs the market to be open.
01

Seven stalks, one cordon

Mint cMAG7 with USDG while the market is open. The vault holds seven large companies at equal weight. You hold one token, and you keep the basket’s ups and its downs.

  • One token
  • Equal weight
  • Redeem in-kind any time
  • Mint in market hours
Pruning—
Weights drift with the market. The keeper trims them back.
02

Pruned on schedule

Prices move and weights drift. On a set calendar, the keeper trims the cordon back to target. Every trade is checked against the oracle price, with a hard cap on slippage, and only while prices are live.

  • Scheduled
  • Oracle-checked
  • Slippage cap
  • Live prices only
sNVDA · Spur VaultLive
You depositNVDA
Strike this weekNo round open
Premium✦ paid up front
Realized APY—
Join next round
Deposits queue for the next round.
03

Sell the top of the field

Deposit a Stock Token. Each week a Picker buys the upside above a strike and pays the premium the moment the option is sold. You collect it every round.

Spurs cap your upside. That is the trade.

  • Weekly round
  • Premium up front
  • Paid in USDG
  • Upside capped
gNVDA · Graft VaultLive
CollateralUSDG
StrikeBelow today’s price
SettlementCash
Realized APY—
No round open
The next round shows up here.
04

Paid to wait for a lower price

Store USDG in the vault. A Picker pays premium for the promise to cover the drop below a strike. If the price ends below it, the vault pays out the shortfall in cash.

  • USDG in
  • Strike below price
  • Cash-settled
  • Can lose more than premium
Next HarvestFRI 16:00 ET
My field harvested +0.42% this week.
HARVEST CARD · PREVIEWDEMO
05

The Harvest, every Friday

Each round ends at the US market close on Friday. Your Harvest Card shows the realized result as a percentage, never a promise. How a round settles is still being decided, and the docs say so plainly.

  • Friday 16:00 ET
  • Realized, not projected
  • Shareable Harvest Card
Your WallPreview
Same wallet, same drawing. A sample wallet is shown here.
06

Your portfolio, on the Wall

The Wall draws your positions as a sheaf of wheat. Each position is a stalk, and each Harvest you collect adds a grain. Share it with percentages only, unless you choose to show amounts.

  • Deterministic
  • One stalk per position
  • One grain per Harvest
  • You choose what to share

How the granary works

Two paths, one granary.

Cordons are pruned. Vaults are harvested. Holding a Cordon does not pay premium on its own.

The Cordon path

For holding a basket.

  1. 1PlantMint cMAG7

    Pay USDG while the market is open. The vault holds the seven stocks for you.

  2. 2TrainHold one token

    Its NAV follows the basket. Redeem in-kind any time.

  3. 3PruneRebalanced on schedule

    Weights drift. The keeper trims them back to equal.

The vault path

For a weekly harvest.

  1. 1DepositJoin a round

    NVDA into a Spur, or USDG into a Graft. Deposits are queued for the next round.

  2. 2SellA Picker pays up front

    The premium lands in the vault the moment the option is sold.

  3. 3HarvestThe round settles

    Your premium is ready to claim in USDG. Settlement rules are not final yet.

At a glance

Three plants, side by side.

Live figures where the product is live. APY is realized from premiums already paid, never projected.

Cordon

cMAG7

Holds7 stocks
WeightsEqual
Pays premiumNo
NAV per share$0.00
Total value$0.00
View Cordons
Spur Vault

sNVDA

DepositNVDA
SellsUpside above a strike
PaysPremium in USDG
Realized APY—
Strike this weekNo round open
View Spurs
Graft Vault

gNVDA

CollateralUSDG
StrikeBelow today’s price
SettlementCash
Realized APY—
Strike this weekNo round open
View Grafts

Harvest · Weekly payout

Every Friday, the harvest comes in.

When a round ends, premium is settled and shared out as USDG you can claim. Your Harvest Card shows the result as a percentage, never a promise.

to Friday 16:00 ET. Illustrative schedule: no round is open right now. Times are approximate. Exchange holidays aren’t counted yet.

Know the trade

See it before you make it.

A Spur Vault earns premium and gives up the top of a big week. In a falling week, the premium softens the drop but does not stop it. Slide to see how one week plays out.

Illustrative only, not a forecast. It uses the strike and premium of an open Spur round, and none is open right now.

No Spur round is open.

The simulator uses the strike and premium of an open round. It shows up here as soon as one opens.

Risk.
  • Stock Tokens are tokenised debt securities. They give economic exposure to a stock, not legal rights to the shares.
  • They are not offered to US persons, and other regions are restricted.
  • Options can lose value. Read Docs & Risk and check where Annona is restricted before you start.

Questions and answers

Q Straight answers · A No fine print

You own a token backed by the Stock Tokens the Cordon holds, onchain, not the shares themselves. You can redeem in-kind for your share of each stock at any time, even when prices aren’t live.

From Pickers, the market makers who buy the weekly options. They pay up front, in the same transaction that sells the option.

The gain above the strike. If the stock ends above it, the vault pays the Picker the difference in stock. In a big week you earn less than holding the stock. That is the trade.

Yes. If the price ends below the strike, the vault pays the shortfall in USDG, and that can be more than the premium you collected.

Anything that needs a live price, such as minting with USDG, redeeming to USDG, or pruning, waits for the market to open. In-kind redeem stays available. Exchange holidays aren’t counted in the schedule yet.

Never. Annona only shows realized APY, built from premium already paid in settled rounds, and labels it as such.

Not yet. Contracts are capped by deposit limits. Read the full list of risks in Docs before you deposit anything.

Bind with discipline

Bind stocks.
Reap on Fridays.

Pick a Cordon. Watch it for a week. Add a Spur when you are ready.