Forq splits a Robinhood Stock Token in two. Base is the share at maturity. Flow is every dividend until then. Both trade in pools run by our own v4 hook, so each half is priced for what it is.
| Series | Base | Flow | Fixed rate | Base fee now | Days left | |
|---|---|---|---|---|---|---|
| Reading Robinhood Chain… | ||||||
Every Base and Flow pool on Forq runs through the Forq hook on the Uniswap v4 pool manager. It knows the series, the maturity and the dividend ledger, so the pool behaves like the asset inside it.
Base converges on the share as maturity nears, so price risk shrinks with time. The swap fee slides from 0.30% to 0.05% across the term to match.
When the ledger has a dividend scheduled inside the next day, the Flow fee rises to 3% so informed flow pays the LPs who carry the risk.
A Base can never be worth more than the stock it redeems for. Any swap that would push Base above that line reverts inside the hook.
Swaps pause while a dividend is being classified. Every pool keeps its own tick oracle, which the Forq lending oracle reads, capped at par.
Deposit a stock token, or just ETH through a zap. You receive one Base and one Flow for every share, at the live dividend rate.
Keep both, sell Base for a leveraged dividend position, or sell Flow to own the stock at a discount with a fixed rate to maturity. Or earn fees in either pool.
Flow earns every dividend the issuer declares, claimable any time. At maturity Base redeems for the share. Merge a pair back for free whenever you like, or roll into the next series.
$FORQ launches on Pons, Robinhood Chain's launchpad. This page is watching the chain and will show the official address the moment it lands. Any token using the name before an address appears here is not ours.
Split 0.10% once. Merge free. 5% of dividends when you claim. Pool swap fees go to the liquidity providers in that pool.