How CashDrip works.
A tokenized dividend reinvestor on Robinhood Chain. Real fees in, real USDG out.
What is CashDrip
CashDrip is an on-chain protocol that turns trading activity on tokenized real-world assets into a steady USDG income stream for holders of the $DRIP token. Every swap, rebalance, and listing routed through CashDrip pays a small fee. Those fees pool into a distributor contract that pays out pro-rata to $DRIP holders — no lock required to receive, extra boost if you stake.
The loop
- 01Trade routes through CashDrip
A user swaps a tokenized equity or basket. The CashDrip router executes the trade and takes a small fee in USDG.
- 02Fees land in the vault
The FeeVault collects fees from every revenue source in one place and forwards them to the distributor on a schedule.
- 03Distributor accrues to $DRIP
The distributor increments a global reward index. Every $DRIP token earns its pro-rata share automatically — no per-user bookkeeping needed.
- 04Holders claim or auto-reinvest
You can claim manually or set a rule that triggers when your pending USDG crosses a threshold, then swaps it into any registered asset.
Where the USDG comes from
- Swap routerBasis-point fee on every tokenized equity swap routed through CashDrip.
- Basket managementStreaming management fee (bps/year) on TVL held in curated baskets.
- Basket rebalancerSmall execution fee when an index rebalances on schedule.
- Launchpad listingsOne-time listing fee when a new RWA joins the registry.
- Priority order laneOptional accelerated execution fee for latency-sensitive orders.
- Staking penaltiesEarly-unstake penalty on locked $DRIP flows back into the distributor.
$DRIP token
$DRIP is the receipt for protocol revenue. Holding it entitles you to a pro-rata claim on USDG flowing through the distributor. It is intentionally simple: no vesting cliffs, no rebases, no hidden mint keys after genesis.
- Transferable ERC-20 on Robinhood Chain.
- Pro-rata claim on the distributor at every accrual.
- Staking is optional and adds a boost — not a requirement.
- Cap enforced at the contract level, verifiable on-chain.
Staking & boost
Lock $DRIP for a fixed period to earn a multiplier on your share of the distributor. Longer locks earn a bigger boost. Unstake early and a penalty is routed back to the vault — where it becomes revenue for everyone else.
Baskets
Baskets are curated indexes of tokenized equities — Blue Chip Tech, AI Frontier, Dividend Kings, Green Energy, and more. Each basket is a single tradable token with a transparent constituent list and a streaming management fee that piles into the same distributor.
- One-click exposure to a theme — no picking individual tickers.
- On-chain rebalances, on a schedule, with full audit trail.
- Management fee flows to $DRIP holders, not to an issuer.
Reinvest rules
Set programmable rules that fire when your pending USDG crosses a threshold. Rules run on-chain against the distributor — no keeper trust required.
- Threshold — fire when pending USDG ≥ your minimum.
- Target — a basket, a specific tokenized equity, or more $DRIP.
- Cadence — cap how often a rule can trigger per week.
- Slippage — max acceptable price movement per execution.
Waitlist & rollout
CashDrip ships in weekly batches. To keep the first drips flowing to real users, access is gated on a wallet-signed waitlist. Sign in with your Robinhood Chain wallet, prove ownership with a message signature, and you're queued.
Genesis & Referral NFTs
Two on-chain collectibles mark early CashDrip participation. Both are minted with an EIP-712 voucher signed by CashDrip — no gas paid by you to mint, and eligibility is verified server-side against the waitlist.
- Priority access when new batches open.
- Founder badge on leaderboards and in-app.
- First look at every basket & feature drop.
- Boost your rank on the referral leaderboard.
- Unlocks the launchpad application form.
- Mint one for every referred wallet that joins.
What can go wrong
- Smart-contract risk — bugs in the router, vault, or distributor could freeze or misroute funds.
- Oracle risk — mispriced feeds during volatility can affect basket rebalances.
- RWA counterparty risk — tokenized equities depend on the issuer of the underlying instrument.
- Regulatory risk — rules around tokenized equities differ by jurisdiction and are still evolving.
- Fee risk — if trading volume is low, distributor payouts are low.
Glossary
- Distributor
- The contract that accrues USDG and lets $DRIP holders claim their pro-rata share.
- FeeVault
- The single sink that receives fees from every revenue source before forwarding to the distributor.
- Router
- The contract that executes tokenized-equity swaps and takes the router fee.
- Basket
- A single tradable token representing a curated index of tokenized equities.
- Reward index
- The global accumulator the distributor increments; each token's claim is (index − last-seen index) × balance.
- Boost
- Multiplier on your distributor share from locking $DRIP.
- Voucher
- An EIP-712-signed message from CashDrip that lets a specific wallet mint an NFT.