Documentation

Everything you need to know about Stockyard — how it works, how to trade, and what you're actually holding.

Contents

Overview

Stockyard is an experimental DeFi protocol that lets you trade tokenized stocks onchain using NFTs as trading passes.

Built on Robinhood Chain (an Ethereum L2), Stockyard connects two worlds:

  • NFTs (Steeds) — ERC-721 tokens that give you access to trade specific companies
  • Tokenized Stocks — Robinhood's Stock Tokens that track real company prices

No KYC. No traditional broker. Just your wallet and a Steed.

How It Works

1. Mint a Steed

Burn $YARD tokens to mint a Steed NFT. Each Steed represents a specific company:

  • 🐴 Apple Steed → Trade $AAPL
  • 🏇 Nvidia Steed → Trade $NVDA
  • 🦄 Tesla Steed → Trade $TSLA
  • 💎 Coinbase Steed → Trade $COIN

2. Trade Tokenized Stocks

Hold a Steed to access Uniswap pools on Robinhood Chain where tokenized stocks trade. Buy and sell directly from your wallet.

3. Hold or Flip

Keep your Steed to keep trading, or sell it on any NFT marketplace. Your Steed, your choice.

Steeds (NFTs)

Steeds are ERC-721 NFTs. Each one is tied to a specific public company and gives you trading access to that company's tokenized stock.

Properties

  • Standard: ERC-721
  • Transferable: Yes — sell, gift, or hold
  • Burnable: Optional
  • Company Binding: Each Steed is permanently tied to one company

Minting

To mint a Steed, you need to burn $YARD tokens. The burn is permanent — tokens are removed from supply forever.

mint(companyId) → burns $YARD, mints Steed NFT

$YARD Token

$YARD is the protocol's utility token, used exclusively for minting Steeds.

Token Details

  • Standard: ERC-20
  • Network: Robinhood Chain (Chain ID 4663)
  • Use Case: Burn to mint Steeds
  • Supply: Deflationary (burned on every mint)
Note: $YARD has no governance rights, no staking, and no promised returns. It's strictly a mint utility token.

Trading Stocks

Once you hold a Steed, you can trade that company's tokenized stock through Uniswap pools on Robinhood Chain.

What Are Stock Tokens?

Robinhood's Stock Tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited. They track a stock's price but are NOT the underlying equity.

  • You get price exposure
  • You do NOT get shareholder rights (voting, dividends, etc.)

How to Trade

  1. Hold a Steed NFT
  2. Connect your wallet to Robinhood Chain
  3. Access Uniswap pools for that company's Stock Token
  4. Swap ETH or other tokens for Stock Tokens
KYC: Stockyard itself is permissionless. However, regulations around tokenized securities vary by jurisdiction. Understand your local laws before trading.

Risks & Disclaimers

This Is Experimental

Stockyard is an experimental DeFi protocol. Smart contracts carry risks, including bugs, exploits, and total loss of funds.

Not Financial Advice

Nothing on this site or in these docs constitutes financial, investment, legal, or tax advice. DYOR.

Regulatory Risk

Tokenized securities are subject to evolving regulations. Trading Stock Tokens may not be legal in your jurisdiction.

Price Risk

Stock Token prices can be volatile. You can lose everything you put in.

Issuer Risk

Stock Tokens are issued by Robinhood Assets (Jersey) Limited. If the issuer defaults or stops honoring the tokens, your exposure becomes worthless.

Use at your own risk. Never trade with money you can't afford to lose.

Smart Contracts

Stockyard is deployed on Robinhood Chain (Ethereum L2).

Network Details

  • Chain Name: Robinhood Chain
  • Chain ID: 4663
  • Gas Token: ETH
  • RPC: TBD
  • Explorer: TBD

Contract Addresses

Steed NFT: TBD
$YARD Token: TBD
Minting Contract: TBD

All contracts are unaudited. Use at your own risk.