PARE
Overview
What is PARE?
PARE is a yield-splitting protocol for stock tokens on Robinhood Chain.
How does PARE work?
Splitting a stock token costs 10 bps of the deposit. Redeeming the yield token costs 5% of the dividend drip. Merging and redeeming the principal token are free. Protocol revenue goes to pool liquidity and to buying and burning $PARE.
Who governs PARE?
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.