Live on Robinhood Chain

Launch in six steps

Pick a currency, set the peg, launch. Then mint, redeem and trade.

Launch app
ArrowRight

Set up the token

1. Pick a currency

USD, EUR, JPY and ten more.

2. Create the token

Name, ticker and a buffer of at least 2 USDG.

3. Define the peg

1 $EURO = €1, fixed at launch.

4. Launch through Parpad

The token and its vault deploy together.

Backing, $EURO—Floor 105 %Reading the chain…
Supply
—
Locked buffer
—
USDG reserve
—

5. Mint and redeem at the peg

At the signed FX price. 0.10 % each way, paid into the buffer.

Mint

USDG in, $EURO out.

Redeem

$EURO in, USDG out.

6. Trade onchain

Wallets, apps and markets see one fixed target.

Example: $EURO

Launched as 1 $EURO = €1.

Fixed target

Nobody can change it later.

13 currencies

One token tracks one currency, for good.

Answers to your questions

What do I need to launch?

A browser wallet on Robinhood Chain, a little ETH for gas and at least 2 USDG for the locked buffer. Then pick a currency, a name and a ticker, and launch.

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Can two tokens share a ticker?

No. Tickers are unique per factory, first come first served, so nobody can launch a second, fake $EURO.

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Where does the FX price come from?

A signed price. The server reads two free FX sources (ECB via Frankfurter and open.er-api) and refuses to sign if they differ by more than 1%.

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What does minting cost?

0.10% to mint and 0.10% to redeem. Every fee goes into that token’s buffer; Parpad takes no protocol fee.

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Why a locked buffer?

The creator seeds a locked buffer of at least 2 USDG that nobody can ever withdraw. It covers the currency rising against the dollar, grows with every fee, and lets the vault back mints down to the 105% floor.

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Which network does it run on?

Robinhood Chain (chain 4663). Launches, mints and redeems use real USDG, and you sign every transaction in your own wallet.

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