Get paid for holding stocks.
WIRED is the RWA layer for real stock ownership on Robinhood Chain. Every $WIRED trade carries a 2% tax, collected inside the swap and split in two: 1% into the holder payout pool, 1% into the HOOD10 flywheel. The pool holds the holder side, and at the end of each round every holder is snapshotted and paid the matching dollar amount. No treasury, no team wallet, no claim step: traders pay the tax, holders receive it. Dollars are v1; the goal is to pay those rounds in stock. No other protocol pays a dividend to holders just for holding.
Four parts, one loop
Robinhood Chain is a permissionless Ethereum Layer 2 on the Arbitrum Orbit stack, 100ms blocks, gas paid in ETH. The loop is short: a trade pays the tax, the pool holds it, the round snapshots holders, the payout leaves for their wallets. Nothing sits between those four steps.
The trade tax
$WIRED is an ERC-20 with a transfer tax of 200 bps, split 100 bps to the holder payout pool and 100 bps to the HOOD10 flywheel. The tax applies to buys and sells and is taken inside the swap itself, so there is no separate collection step and nothing to route by hand. Wallet-to-wallet transfers are untaxed.
The pool
Collected tax accumulates in the pool for the duration of the round. The pool has exactly one exit: payouts to holders. There is no treasury allocation, no team wallet, no marketing carve-out and no discretionary spend, and the balance is readable onchain at any block.
Rounds & snapshots
Payouts run in rounds rather than continuously. While a round is open the pool fills. When it closes, the contract snapshots every holder balance in a single block and that snapshot fixes each wallet's share of the pot. Buying after the snapshot means waiting for the next round.
How you get paid
Payouts are never more $WIRED. Today the dollar amount owed to a wallet is sent directly to that wallet; the goal is to pay it in stock instead (see § 8). There is no claim contract, no staking requirement and no lockup: holding through the snapshot is the whole action.
Pro-rata math
Your share of a round is your balance at the snapshot divided by eligible supply. Bigger bag, bigger share. No tiers, no multipliers, no bonus for locking.
What can change
Payout size is not fixed and not guaranteed. It is a function of trading volume in the round: quiet weeks pay less, active weeks pay more. The tax rate, the pro-rata rule and the no-treasury constraint are the parts that stay put. Stock Tokens themselves are not available to US persons, and issuer documentation permits pauses in defined circumstances.
Dinari & the index
Dollars are v1. The goal is to pay those rounds in stock, and an integration with Dinari is under discussion to make it possible: real shares onchain, each token backed by an underlying share. If it ships, payouts move from dollars to tokenized S&P 500 exposure, and those stocks keep passing their own dividends through to whoever holds them.
Onchain events
Every step of the loop emits an event, so a round can be audited end to end from chain data alone: what was collected, what the pot was, who was recorded and what each wallet received.