Shoply
—
Robinhood Chain · chain id —
Shoply is a design for tokenized shares. Lock one, and get two pieces back: Ballast, which keeps the steady part and hands over big gains, and Kite, which catches everything above a ceiling you can read before you commit.
Pre-launch. No contract is live, so protocol figures show — when unknown. A dash means unknown, never zero.
Live · chain readings
Loading Robinhood Chain RPC · every 15s
Mechanism
Worked example. Every number here comes from the inputs you set, not from a market.
| Final vs lock | Whole share | Ballast | Kite |
|---|
Follows the share up to the ceiling and stops there. In return the holder collects the auction premium up front. Fits someone who wants a cushion more than a rocket.
Costs little, pays nothing until the share clears the ceiling, then pays every cent above it. Fits someone who wants exposure to a breakout without buying the whole share.
Backing
Nothing is lent against anything. The locked share is the only backing, and it sits in the vault until close.
There is no running fee ticking against either side. The price you pay at auction is the whole cost.
Without leverage there is no liquidation price. A bad week hurts, but it cannot close you out mid-round.
Round flow
Use the arrow keys to move between steps.
01
Deposit one tokenized share into a vault. It stays there until the round closes.
02
The vault mints two matching tokens against it: one Ballast, one Kite.
03
Kite goes to auction. The winning bid is paid to whoever holds the Ballast.
04
Both pieces are plain tokens. Buy, sell or hold them until the round ends.
05
A single final price sets each payout. Or rejoin both pieces early to reclaim the share.
Protocol readout
Waiting on contract Reads on chain once the address is stated.
| Share | Ceiling | Ballast | Kite | Round | Status |
|---|---|---|---|---|---|
| No series to show. Nothing is listed until a contract exists. | |||||
Glossary
The tokenized share you lock. Everything else is measured against its price.
The heavy piece. It tracks the share up to a ceiling, then stops climbing.
The light piece. It pays only for gains above the ceiling and is worth nothing below.
A price fixed before the round begins, so both sides know the deal in advance.
A fixed window. Pieces live for one round, then the books close.
Kite is sold to the highest bidder; the winning bid is the premium.
What the kite buyer pays the ballast holder for taking the upside.
The locked share sits here for the whole round and cannot be touched in between.
One reading at close decides how the vault pays out to each piece.
Hold both pieces and you can fuse them back into the original share at any time.
A run of rounds on the same share with the same ceiling rule.
Any share that meets the published rules can get its own series.
Both pieces are ordinary fungible tokens, so they move like any other token.
There is nothing to borrow against, so no margin calls and no forced exits.
Locks, bids and payouts are all readable on chain by anyone.
Rejoin
Hold one Ballast and one Kite from the same series and you can fuse them back into the share they came from. Nothing is lost by cutting, and nothing forces you to stay cut.
Ballast holders collect the premium paid at auction.
Kite gives breakout exposure for a fraction of the share price.
Fuse both pieces to get the original share back before close.
Plain terms
Both pieces can lose value. Kite can finish worth nothing, and Ballast falls with the share whenever the price sits below the ceiling. No contract is deployed and no audit is published yet.
This page describes a design. It is information, not an offer, and it is not meant for places where offering it would be unlawful. The worked example uses your inputs and forecasts nothing.
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