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#StonkBroker What is it?
It hires a little guy on the Robinhood chain to collect your stock dividends for you.
StonkBroker is an NFT + DeFi project on the Robinhood chain.
A simple way to understand it is: you buy a pixel broker character, which comes with an on-chain account—you can hold assets, collect dividends, and also use it as collateral to borrow money.
The total NFT supply is 4,444.
The gameplay is also pretty simple:
First buy $STONKBROKER , then use 666,666 tokens to exchange for an NFT. You can do a random draw or pay extra to specify the number.
If you don’t want it anymore, you can directly destroy the NFT and get back 666,666 $STONKBROKER .
After activating the little character, you can start collecting dividends.
The protocol uses income such as NFT trading fees, royalties, and lending fees to buy stock tokens like Apple, Tesla, Nvidia, and then distributes them to users who hold and have activated the NFT.
Official data as of July 19 shows that over the past 24 hours the protocol distributed about $22.4k in stock tokens, and one person received more than $600 within 20 hours.
Also, the NFT can be used as collateral for loans. So far, 225 million $STONKBROKER have been permanently burned, accounting for about 7.6% of the total supply.
I think the most interesting part of this project is:
While other people buy NFTs to bet on JPGs going up, StonkBroker buys you a broker character to come back and work for you collecting dividends.
And the Robinhood chain itself is already aligned with the narrative of stocks, RWA, and tokenized assets—building an “on-chain broker” on this chain is actually a great fit.
The product is already live, and the revenue mechanism is already running.
Of course, both NFT prices and dividends depend on future market hype and protocol revenue, so it’s not a sure thing.
But this kind of gameplay is definitely more interesting than just trading a single JPG.
Founder: @ClutchMarkets