GrowETF
An index fund on Robinhood Chain that grows out of its own usage. Every fee it charges stays inside it and buys more of the basket.
Deposit USDG and the vault spends it, inside the same transaction, on a fixed basket of tokenized stocks. You get an ERC-20 share. Burn it and the stocks come back in kind, never sold, so leaving never depends on there being a buyer.
Every deposit and every redemption pays a small fee, and the fee does not leave. There is no treasury address, no owner and no withdraw function, so the only thing the fee can do is buy more of the same six stocks for everybody who already holds a share.
Your deposit opens a Uniswap v4 lock, buys all six legs and pays for them in a single settlement. No router, no approvals left standing, no intermediate token you have to hold. If you only have ETH, the vault sells it through the deepest pool on the chain first.
The entry fee is not parked for a keeper to sweep later. It is added to the same swap your deposit makes, so it fills at exactly your price, and the stock it buys is credited before your shares are priced. That ordering is what makes the fee accrue to the people who were already here.
Burning a share hands back a slice of every stock the vault holds. Nothing is sold. The exit fee is simply a slice left behind, and it is already the right assets, so it needs no swap at all.
A basket is only as good as its thinnest leg. The vault prices every pool before and after its own swap and refuses a deposit that would be a bad deal, rather than filling it quietly at your expense.
Six names, fixed at deployment. No rebalance, no committee, and no admin key that can move them. Every leg is an address taken from a survey of live Uniswap v4 pools, never a ticker string: the token calling itself GME on this chain is worth two thousandths of a cent.
Weights follow pool depth rather than equal-weight vanity. MSFT's pool is around forty times thinner than NVDA's, and an equal weight fund would be capped on every single deposit by its worst leg.
The pitch was NVDA, AAPL, TSLA, AMZN, META, MSFT. AMZN has no Uniswap v4 pool against the real USDG on this chain, so the sixth seat goes to GOOGL, the next megacap that does.
Not a model of a market. Every number below comes from driving the contract against real Uniswap v4 pools on a fork of Robinhood Chain mainnet, with real tokenized stocks and today's liquidity. Thirteen tests, all green. Growth is measured in token units per share, not dollars, so a moving market can neither flatter it nor hide it.
Backing per share moves with the ratio of flow to size, so a fund people use heavily grows quickly even while it is small. This is arithmetic on the three sliders, not a forecast and not a measurement. It counts fees only. What the six stocks themselves do is a separate question, and it is the bigger one.
Every mechanism above is worth exactly as much as the things it cannot do. These are the ones that matter.
Fees push backing up. Prices can push it down harder.Backing per share is monotone in fees and nothing else. If the six stocks fall twenty percent, your share falls with them. This is an index fund, not a yield product.
The NAV figure is a spot mark, not an oracle.It reads the same pools the vault trades. Good for a dashboard, not something to lend against.
Capacity is real and it binds.About $65,000 is the ceiling on a single deposit today, set by the thinnest leg, and it moves with the pools. Larger money has to arrive in pieces.
The basket cannot be changed.Weights are fixed at deployment. That removes an admin key, and it also removes any way to drop a name that stops trading.
Not audited.Thirteen tests against a mainnet fork is evidence, not an audit.
A big enough donation can wall off deposits.The fee float is read from the vault's own USDG balance, so anyone may push USDG in. Under about $67,000 that is a gift: it becomes stock for every holder. Over it, the float is larger than a single transaction can spend without tripping the impact guard, so deposits and the recycle both start reverting and the donated USDG is stuck, since redemptions hand back stock rather than USDG. It costs an attacker more than sixty thousand dollars, permanently, to buy nothing but the inconvenience. Redeeming is never affected: leaving works in every case, because it moves no money through a pool.
Live, and tiny.The vault is deployed on Robinhood Chain mainnet and holds a few dollars of stock, put there by the person who built it. The app shows exactly how much, read from the contract. That is a proof the machine runs, not a fund with a track record.