DeStocks has no liquidation engine. Not a feature we turned off. There is nothing to build.
Every position is fully collateralised the moment it is written. A short call locks the tokens. A short put locks the USDG. The contract never lends anything, so there is no health factor, no margin call, and no cascade when a stock gaps.
The worst case for a writer is the outcome they already agreed to: sell at their strike, or buy at their strike. Both are priced in before the trade.
35 markets. destocks.finance/app
A thing almost nobody checks about Robinhood stock tokens.
They don't pay you a dividend in cash. They accrue it into a multiplier on the token contract. 8 of the 35 markets we list already carry one. SGOV is at 1.0051, ORCL 1.0022, NVDA 1.0008.
So the token and the underlying share are not the same price. SGOV trades at $101.03 while the share is $100.51.
Every strike on DeStocks settles on the Chainlink feed that already includes the multiplier. A split or a dividend moves the multiplier, never your balance, and an open position stays whole.
Read it yourself: uiMultiplier() on any of the token contracts.
Why DeStocks has no exercise window.
A short call locks 1 NVDA at a $225 strike. It expires at $253. The contract reads Chainlink once and splits the collateral: (P−K)/P = 11.07% goes to the long, the rest stays with the writer.
The long gets 0.1107 NVDA, worth $28, exactly the intrinsic value. The writer keeps 0.8893 NVDA, worth exactly $225, exactly the strike.
Nobody brings cash. Nobody has to remember to exercise. An option that finishes in the money cannot expire worthless because someone was asleep.
Puts work the same way in USDG: (K−P)/K.
The creator allocation is gone.
8,498,583 DSTK burned. Not sent to a dead wallet, burned: total supply is now 991,501,416 and the contract shows it.
We hold zero DSTK. The only way supply moves from here is the protocol buying it back with premium fees.
tx:
The creator allocation is gone.
8,498,583 DSTK burned. Not sent to a dead wallet, burned: total supply is now 991,501,416 and the contract shows it.
We hold zero DSTK. The only way supply moves from here is the protocol buying it back with premium fees.
tx: robinhoodchain.blockscout.com/tx/0x229c88ae5…
$DSTK is live on @ponsdotfamily
CA: 0x18b24d7C4290FDBEF6bD24c563F21cA091F2084D
DeStocks is an options protocol on Robinhood Chain. Sell calls and puts on 35 tokenized equities, collect the premium up front, or take the other side and buy one. Payouts run themselves at expiry.
2% of every premium buys $DSTK and burns it.
This is the only address. Check it against this account before you buy.
destocks.finance
How the burn works on DeStocks.
Someone buys an option, the premium goes to the writer, 2% goes to the FeeRouter in USDG. That USDG swaps to ETH then to DSTK and the $DSTK goes to the dead address.
Anyone can trigger it. The caller takes 0.10%. The swap is capped per call and bounded by Chainlink, so nobody can push it through a thin market.
No treasury vote, no multisig deciding when. Options trade, supply falls.
destocks.finance
$DSTK launches on Pons today at 11:00 UTC. Less than an hour.
Protocol is live. Book is open. Source verified onchain. 35 markets. Payouts are automatic.
2% of every option premium on DeStocks buys DSTK and burns it. Anyone can trigger the buyback and earns 0.10% for doing it. Permissionless, capped tranche, oracle-guarded.
contract address will be posted here, from this account only. Nothing else is us. Verify before you buy anything.
How to write your first call on DeStocks, 60 seconds:
1. destocks.finance/app, connect wallet on Robinhood Chain
2. M02 Write: pick the equity, SHORT CALL, a strike, an expiry
3. Set your ask (we show 1% of spot as a reference)
4. Approve, write. Your offer is on the book.
Buying one is three steps: pick an offer, enter size, pay in USDG. At expiry you're paid automatically if it lands in the money.
35 markets on DeStocks, every one a Robinhood stock token with a live Chainlink feed.
$NVDA $AMZN $MSFT $GOOGL $META $AMD $TSM $COIN $TSLA $MSTR $PLTR $ORCL $GME $INTC $MU $ASML $SPCX $CRCL $IONQ $RKLB $NBIS $SPY $CRWV $SNDK $RGTI $QQQ $AAPL $BABA $CLSK $DELL $USAR $EWY $SLV $USO $SGOV
Write a call or a put on any of them. Weekly expiries, automatic payouts.
destocks.finance/app
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