Punch is here. 🥊
The perp protocol built around two crazy ideas:
1. lose to earn
2. onchain memes go perp
KLP is live on @flow_blockchain. Robinhood Chain is next. And the whole story starts in the Froth. 🧵
You earn PUNCH rewards whether you win, lose, or get liquidated while trading.
The more PUNCH you lock before a trade, the bigger your reward multiplier, up to a cap.
This gives early stakers an edge when trading opens and incentives start flowing.
$PUNCH20 is how you prepare
The official Punch design paper is live.
It covers how Punch bootstraps on Robinhood Chain with a modular design: a Core Pool plus independent LP classes that share one position engine without sharing solvency.
FrothSwap's buy wall mechanism has been turned on for $FROTH and all graduated tokens + tokens who port their liquidity to us.
~4.1M $PUNCH20 and ~1.3M $FROTH bought back and burned.
This runs. forever. and froth burns scale with growth of our platform and DEX.
This is an important point. There is no competing with Hyperliquid et al.
The opportunity lies in offering novel mechanisms and markets that the big players can’t or won’t touch.
That’s what we’re building on Robinhood with Punch.
what should I look at?
and i'm using the hyperliquid comparison to grab attention, obv nobody is gonna compete with them, point is i'm looking for innovative products in the perps segment