Short answers.
One or two sentences each. Longer versions live in the litepaper.
General
Is this staking?
No. Traders prove skill, investors back specific traders, code enforces the limits.
Is anything live?
Not yet. The token launches first on a third-party venue; the protocol contracts follow, testnet first.
Why Robinhood Chain?
EVM, ETH gas, and home to tokenized stocks we plan to support later.
Traders
Do I need the token to get funded?
Not for the first tier. Higher tiers need a higher score and a stake. Stake never replaces score.
What is a Risk Mandate?
Limits you set before taking capital: max size of one new position, max share of capital in open trades, and a separate budget for high-risk assets. Investors see it; the protocol will enforce it.
Can I withdraw investor money?
No. You can only trade it through approved routes.
Will I be slashed for losing?
No. Only for provable cheating — bypassing limits, prohibited actions.
Is the $100K simulation real money?
No. Virtual capital that exists only to measure you — not withdrawable, never called funded. Real prices, modelled execution, real rules.
Investors
Can I lose my deposit?
Yes. Losses inside the rules are yours by share, up to the drawdown ceiling.
Is the mandate a guaranteed max loss?
No. It limits how capital may be used, not what the market does. Historical Risk on a profile shows what actually happened; the mandate shows what the trader allows themselves.
Why can't I withdraw instantly?
Withdrawals settle at a finalized price each epoch, so nobody exits before a loss or enters before a gain.
Do I pay fees when a loss is recovered?
No. High-water mark: fees only on gains above the previous peak.
What if the vault hits its limit?
Trading stops, positions unwind, you redeem what's left. The trader's record shows it.
Token
What is PROOF?
A protocol utility, commitment and access token. It is not trading capital — vaults hold stablecoins. Traders stake it to scale Capital Capacity; LPs lock it for fee discounts and priority access.
Do I need PROOF to allocate as an LP?
No. Basic LPs allocate at standard fees. Locking PROOF raises your tier for lower fees and first access to limited trader capacity.
Can PROOF buy a high Trader Score or unlimited capacity?
No. Scores come from track record and risk behaviour. Capacity considers track record, both scores, strategy, mandate and stake together.
Is there a buyback?
Planned: 90% of the protocol's fee revenue — not of trading profits — goes to market buybacks with permanent burns; 10% to treasury. This links usage to supply; it does not guarantee any price.
Will supply inflate? Is there staking APY?
No and no. Fixed maximum supply of 1,000,000,000 PROOF; staking and locking give capacity, tiers, discounts and priority — not newly printed tokens.
What does governance control?
Fees, tiers, collateral, adapters, treasury, upgrades. Emergencies use separate fast roles.
Trust
What do I have to trust?
Custody and limits are contract-enforced. Some score analytics are computed offchain by an authorized party in the MVP — that's a named assumption.
Who can pause things?
A security council, separate from governance, for emergencies only.
Tokenized stocks?
Planned as a separate risk class, gated on legal review. A stock token is not legal ownership of the stock.