Reserve currency · Robinhood Chain
A reserve currency backed by assets you can audit.
Stake MIM and your balance compounds every eight hours. Behind it sits a treasury being built out of tokenised equities, stablecoins and a small, deliberate memecoin allocation — every deposit recorded on chain, every figure on this page read back from the contracts.
Current APY
Treasury Backing
Next Rebase
The treasurywhat backs MIM
Every MIM in circulation is measured against the assets the protocol actually holds. That reserve is being assembled from three sources, each doing a different job.
Tokenised equities
Robinhood Chain exists to put real equities on chain, and that is where the bulk of the reserve is headed. Assets with earnings behind them, held long, so the treasury grows from something other than its own emissions.
The floor
Dollar reserves that do not move when equities do. This is the part of the treasury that has to still be there after a bad quarter, sized so backing per MIM survives a drawdown rather than tracking one.
A small, capped allocation
A deliberately minor slice, treated as an option rather than a reserve. Sized so that it going to zero is an unremarkable day for the treasury — and disclosed rather than buried, because it is the position most worth knowing about.
This describes where the treasury is being taken, not what it holds today. The balance shown in the app is read straight from the treasury contract, and every deposit into it is a public event on Robinhood Chain — so the composition above is something you can check rather than something you have to believe.
How it worksthree things you can do
Stake
Deposit MIM and receive MEMO one-for-one. MEMO rebases every epoch — eight hours — so your balance grows on its own. Nothing to claim, nothing to compound by hand.
Go to Stake →Wrap
Wrap MEMO into wMEMO for a balance that stays constant while its value climbs with the index. Easier to move, easier to account for, same underlying position.
Go to Wrap →