Docs · §12ME-FAQ-12

FAQ

The questions people actually ask, answered without hedging.

01Do I actually receive stocks?

You receive Robinhood-tokenized stock tokens on Robinhood Chain — ERC-20s issued by Robinhood that track the underlying stock — and any memecoins the capsule holds. They land in the same wallet that holds the coin. They are not brokerage shares and you do not get voting rights or dividends from the underlying company.

02What is a capsule?

One coin and the basket sealed inside it: 212 assets with fixed weights. Real Robinhood stocks, Robinhood Chain memecoins, or both. The coin's creator fees fill the capsule; when it fills, it drops those assets on holders.

03Can I put a memecoin in a capsule?

Yes. Any Robinhood Chain ERC-20 with a Uniswap v3 pool at least $1,000 deep against WETH or USDG. Paste its address in the builder; the resolver checks it and refuses anything it cannot buy safely. See §6.3.

04How much do I need to hold to get drops?

At least 0.01% of the coin's supply at the snapshot block. Below that you are not in the snapshot. Above it, your share of every drop is exactly your share of eligible supply.

05When does a capsule drop?

When it holds 0.01 ETH of unspent creator fees — the 100% line — or every 24 hours if it has collected anything at all. The capsule page shows an ETA line. The engine checks every minute.

06My share was tiny and nothing arrived. Where is it?

In your tray. Shares under $0.25 are not worth the gas, so they bead up per asset until they clear the threshold, then pop and send. See it on the capsule page with a connected wallet or at /wallet.

07Does the curator earn anything?

No fee share. The curator pays 0 ETH once, gets a capsule with their name on it, and that is it. All creator fees are the capsule's and are spent on holders. If the curator wants drops, the curator buys the coin like everyone else.

08Can the capsule change after launch?

No. Not by the curator, not by the operator. A capsule is sealed at launch. Want a different basket? Build a new capsule.

09Why does a stock say "no route yet"?

The engine buys through Uniswap v3 only, and refuses pools under $1,000 of depth. A stock with only v4 liquidity, or a v3 pool that is too shallow, cannot be bought safely, so it is dimmed on the shelf. §6 has the details; the note comes off automatically when a route appears.

10Is the liquidity locked?

Yes. Every MEMEETF coin is a pons.family token; its LP is held by the pons locker at 0x267444d099b10fb5ed7c3cc7b7c767adca574952. The operator can collect fees from that position. It cannot withdraw it.

11What happens to the coin-side fees?

Half of every pool fee arrives as the coin itself. Default policy is burn — they are sent to the dead address, reducing supply. Each fee log row shows the policy applied.

12What can the operator wallet do to me?

Nothing to your wallet. It has no approvals from you and no admin over the coin. It can hold and spend fees, and it holds the capsule's assets briefly between buying and paying. Full honesty in §8.

13Can I sell what dropped on me?

They are ERC-20s; you can do anything with them the issuer allows, including selling on Uniswap. Pools are thin — check depth before assuming an exit price. Some jurisdictions restrict stock tokens; see §10.

14The site says PAPER MODE. What does that mean?

The operator key is not loaded. The engine still indexes and logs, but it launches nothing and moves nothing. The builder disables payment so you cannot pay for a launch that will not happen. Check §11.

15Is this a security / ETF / fund?

No. It is a capsule. There is no pooled investment, no manager discretion, no promise of return, no redemption. Fees that exist get spent on tokens that get mailed out. If there is no volume there is nothing.

16Can I verify a drop myself?

Every purchase and every payout row on a capsule page links to a Blockscout transaction. The snapshot block is shown. Holder balances at that block are on chain. The maths is in §5.4.