$RIProbinhood

Utility token RipStocks is a utility token on Robinhood Chain powering a pack-opening product. RipStocks (RIP) is a utility token on Robinhood Chain. It supports a pack-opening mechanic where users spend USDG to receive tokenized stock ERC-20 tokens. The token's trading taxes route into a fee vault that funds prize payouts, buybacks, and operations. Fee and prize mechanics Trading taxes on RIP feed a vault that buys and distributes tokenized stocks. Buy and sell taxes on RIP route portions to a prize vault for stock token payouts, buyback-and-burn, and operations. Pack proceeds also contribute to the reserve and jackpot. Staking RIP improves odds and multipliers for pack outcomes. Launch and product context RIP launched on Flap with taxed tokenomics tied to the RipStocks product. The token deploys as a taxed token on Flap, the platform's DEX. It operates within the RipStocks pack system on Robinhood Chain, where drops like Chip Drop and Mega Bag deliver curated tokenized stocks via commit-reveal randomness. Staking tiers and on-chain odds are built into the contracts.