0xpresso / manual

how 0xpresso works

espresso shots of the market. an espresso is a fixed blend of robinhood stock tokens and trending robinhood chain tokens. you buy it with usdg, hold every token in the blend, earn a rebate while you hold, and can sell it to other people on the market. this manual is the whole product, chapter by chapter.

robinhood chainusdg settledledger + treasury10 chapters
01 / 10espresso
chapter 01 / product

what is an espresso#

an espresso is a basket with fixed token quantities per unit, like an etf share. it holds 2 to 8 components from the universe: robinhood stock tokens (aapl, nvda, spy…) priced by chainlink feeds on chain, and trending robinhood chain tokens priced by dexscreener. weights are set in basis points summing to 10,000 at creation; from then on each unit holds the same token amounts forever.

a unit is priced by its nav: the sum of every component quantity times its live price. nav updates every price tick, so an espresso moves exactly as its contents move. there is no manager, no rebalancing, and no discretion.

roast

roast is a risk tier derived from the blend, not a choice. at least 70% stocks by weight is light; at least 70% chain tokens is dark; anything between is medium. the roast ring around every espresso mark tells you which at a glance.

house blends

americano
aapl · msft · nvda · amzn · googl · meta
mega-cap stocks, light roast
cortado
spy · qqq + top 4 trending tokens
medium roast
ristretto
nvda · amd · asml · tsm · mu
semis, light roast
affogato
50/50 stocks and top memes
medium roast
lungo
coin · mstr · crcl + eth-beta memes
medium roast
doppio
top 6 trending tokens
dark roast

anyone can brew their own at /brew: name it, pick components and weights, and seed it with a first mint of at least $10. the creator is just the first holder.

delisted components.if a trending token drops out of the universe, its last quote is kept and the component is flagged delisted. the espresso keeps working; redeem if you would rather not hold it.
chapter 02 / product

minting & redeeming#

usdg balancein the ledger
mintat live nav
unitsin your position
redeemat live nav
usdg balanceminus fee

mint turns usdg into units at the current nav: units = usd × (1 − mintFee) ÷ nav. redeem turns units back into usdg: usd = units × nav × (1 − redeemFee). both happen instantly against the ledger; there is no order to wait for and no slippage beyond the fee.

mint fee
0.5%
to the fee pool
redeem fee
0.5%
to the fee pool
starting nav
$100.00 per unit
at brew time
unit precision
12 decimals

your holdings viewmultiplies your units by each component's quantity per unit, so you always see how much of each token your cup represents.

chapter 03 / product

rebates#

every position accrues a rebate, the crema. it streams continuously as positionValue × apr × elapsed ÷ year × boost and is claimable to your usdg balance from the fee pool at any time.

rebate apr
12%
on position value
boost
1.0 / 1.25 / 1.5×
by barista tier: none / junior / head
claim
any time
paid from the fee pool
funding.rebates are paid from fees the platform actually collects. the apr is a target rate, and claims settle only against what the pool holds.
chapter 04 / venues

the market#

the market is an asks-only book per espresso. list units at any usd price; the units lock in your position until the ask fills or you cancel. a buyer pays usdg, the seller receives it minus the market fee, and partial fills are allowed.

every ask shows its premium or discount to live nav, so a cup selling above nav is obvious, and one below nav is a bargain against redeeming.

  1. 01
    list

    choose an espresso you hold, units, and a price. units lock.

  2. 02
    fill

    anyone with balance can take some or all of the ask at that price.

  3. 03
    settle

    units move to the buyer, usdg moves to the seller net of fee, an activity event fires.

  4. 04
    cancel

    unfilled units unlock instantly.

chapter 05 / venues

barista#

stake usdg as a barista to earn 7% of all fees, split pro rata by stake and streamed with a reward-per-token accumulator, so payouts are exact and instant to claim. the pool is the stated backstop for instant redemptions.

junior
≥ $25 staked
rebate boost 1.0×, badge
barista
≥ $250 staked
rebate boost 1.25×
head
≥ $2,500 staked
rebate boost 1.5×
unstake
instant
ledger transfer, no lockup

the leaderboard ranks baristas by stake and lifetime earnings.

chapter 06 / venues

shots#

a shot is a parlay on the universe. pick 2 to 5 assets, a window (5m, 15m, 30m, 1h) and a mode (safe, bold, wild). every leg must close above its target before the clock runs out or the ticket is dead. land all legs and the stake pays the product of the leg multipliers.

volatility proxy
σ = max(|1h change|, 0.15%)
stocks floor at 0.10%
target move
safe 0.6σ · bold 1.2σ · wild 2.5σ
floors 0.20% / 0.45% / 1.0%, scaled by √(window ÷ 15m)
leg multiplier
clamp(1 + target × k, 1.15, 6)
k = 1.6 / 2.2 / 3.0
stake
$1 – $100
payout capped at $2,500

the price loop checks every open ticket each tick. a leg is hit the first time price is at or above its target; the ticket wins when all legs are hit, or loses at expiry. stale or held assets cannot be picked.

chapter 07 / money

deposits & withdrawals#

everything below your wallet is a ledger. value enters and leaves through the treasury on robinhood chain.

  1. 01
    deposit

    send usdg or eth from your wallet to the treasury (the deposit button does this with one wallet confirmation), then the server verifies the transfer on chain and credits your balance once per transaction hash. usdg credits 1:1; eth is converted to usdg at the chainlink eth/usd print at the moment the transfer is verified.

  2. 02
    use it

    mint, list, stake, shoot. all instant, all in the ledger.

  3. 03
    withdraw

    request usdg to any address. the ledger is debited first; the treasury then signs a usdg transfer, or holds the request as queued while payouts are paused on this deployment.

accepted in
usdg or eth
eth converts at the chainlink eth/usd print when the transfer confirms; the ledger holds usdg
paid out in
usdg only
withdrawals are never sent as eth
minimum withdrawal
$5.00
payouts
queued
sent when the treasury is enabled

paper mode

while payouts are disabled, every new account is credited a $1,000 house balance tagged paper on first sign-in so the whole product is usable end to end. a paper chip shows in the wallet pill and status bar while it exists. paper credit is not withdrawable: withdrawable = balance − paper.

chapter 08 / reference

chain facts#

network
robinhood chain
arbitrum orbit l2, gas in eth
chain id
4663 (0x1237)
rpc
rpc.mainnet.chain.robinhood.com
usdg
0x5fc5…d168
global dollar, 6 decimals
multicall3
0xcA11…CA11
stock prices
chainlink aggregatorv3
8 decimals, usd per token, read every 15s
token prices
dexscreener
trending set from geckoterminal, refreshed every 60s

stock feeds hold their last print over weekends. the app marks a quote live under 30 minutes old, held after that, and stale past three days. stale and held assets are shown but cannot be used in shots.

chapter 09 / reference

fees#

feerategoes to
mint0.5%fee pool
redeem0.5%fee pool
market fillpaid by the seller1%fee pool
barista shareof every fee above7%staked baristas
platform shareof every fee above3%platform
rebate aprpaid from the fee pool12%holders
deposit / withdrawyou pay chain gas0%

these figures are read from this deployment's configuration at render time, so the table above is the schedule that applies right now.

chapter 10 / reference

risks & disclaimer#

not affiliated.0xpresso is an independent project. it is not affiliated with robinhood. robinhood, robinhood chain, and the stock token names are trademarks of their owners and are used here to identify assets only.
what is actually on chain?
deposits and withdrawals: usdg (or eth, on the way in) transfers to and from the treasury address. espressos, positions, the market, staking and shots live in a ledger run by the platform. you are trusting the operator with everything below the wallet.
can the treasury run short?
yes. withdrawals respect a treasury floor and an eth reserve for gas; a request that cannot be paid stays queued and is visible as such. the barista pool is the stated backstop for instant redemptions, not a guarantee.
are stock tokens the stocks?
no. they are robinhood stock tokens on robinhood chain, priced by chainlink feeds. feeds can hold or go stale outside market hours, and the app tells you when they do.
can i lose money?
yes. espressos track volatile assets, chain tokens can go to zero, shots lose the stake when any leg misses, and market prices can trade away from nav. nothing here is investment advice.
who will contact me?
nobody. 0xpresso never dms first, never asks you to send funds anywhere but the deposit flow in the app, and never needs your seed phrase.
how do i reach the team?
email shane@0xpresso.com. that is the only official address; anything else claiming to be 0xpresso is not.
espresso shots of the market.

pick a cup from the menu, or brew your own.