How it works
Sending stock is usually the hard way round: your friend needs a wallet, an address and fees before you can send anything. LINK turns it into a link.
$25 of TSLA, sent as a link
You pick the amount. They open a link. That is the whole thing.
1. Pick a dollar amount
Type something like $25 and choose a company. LINK shows the amount of stock that buys, at the live price, before you agree to anything.
2. We buy the stock for you
You pay with the ETH in your wallet. LINK buys the stock on Robinhood Chain and tells you the smallest quantity you are guaranteed to get, so there are no surprises. If a company cannot be bought right now, it is shown as unavailable instead of guessed.
3. The stock waits in escrow
The stock is held by a small program on the blockchain, called an escrow contract. Not by LINK, and not by us. It can only be released to the person with your link, or back to you after the gift expires.
4. Your friend claims it with a link
You send them a private link. They open it, sign in with their email, and the stock lands in a wallet that belongs to them. No app to download, no wallet to set up, no fees to pay.
The link is the key, so treat it like cash
The secret that unlocks a gift lives only in the link itself, in the part after the # that browsers never send to a server. We could not claim your gift even if we wanted to. Anyone holding the link can claim it once, so send it only to the person you mean it for.
Who pays the fees
Every blockchain action costs a small network fee. You cover it as the sender, plus a little starter ETH so your friend's brand new wallet can move on its own later. LINK also charges 1% of the gift amount, paid by you in ETH on top of the gift, so your friend still receives the full dollar amount. That 1% goes to one public treasury wallet, alongside the creator rewards pons will pay on every $LINK trade once it launches: half is set aside as ETH rewards for people holding $LINK, 30% buys back and burns $LINK, 10% rewards the week's top gifters, and 10% covers running costs. Claiming a gift is always free.
What your friend can do next
Keep it, move it to another wallet, or sell it for ETH at the live price from the Wallet screen. Cashing out to a bank account is not something LINK does.
Nothing claimed, nothing lost
You choose 24 hours, 7 days or 30 days. If nobody claims in time, the escrow lets you, and only you, take the stock back. There is no way for anyone else to withdraw it.
The escrow contract
This is the program that holds every gift. It cannot be upgraded or changed after launch, it has no owner withdrawal, and each gift can be released exactly once: to the claimer, or back to the sender after expiry. Anyone can read it on the public block explorer.
0xdcf658accbe9def1e91a5c466cedc167b035001eNetwork: Robinhood Chain (chain ID 4663). Checking who covers claim fees.
What you are actually sending
A stock token follows the price of a company, for example an NVDA stock token. It is not legal ownership of NVIDIA shares. Rights, redemption and custody are set by the company that issues the token, so read their official terms. LINK is an independent app and is not affiliated with Robinhood or any listed company.
The treasury
The treasury is one public wallet on Robinhood Chain with two sources of money going into it. First, sending a gift costs 1% of the amount, paid by the sender in ETH on top of the gift, so the recipient still receives the full dollar amount. Second, $LINK will launch on the pons launchpad, and pons pays the launch creator a cut of every $LINK trade. That creator cut is set to arrive at this same wallet instead of a personal one, so trading $LINK will build the treasury too. The balance below is read straight from the chain.
Treasury balance
...
- Gift fees collected
- ...
- Creator rewards received
- ...
- Gifts that paid the fee
- ...
Both figures count only transfers confirmed on-chain and recorded by LINK. The wallet balance is the truth, and it changes as buybacks, rewards and costs are paid out of it. Value of gifts claimed so far: ....
How the 1% works
- 1
The sender pays it, not the recipient
Send a $10 gift and you pay 1% of that in ETH on top. The recipient still claims the full $10 of stock.
- 2
You see the exact amount before you sign
The review screen shows the fee in ETH and in dollars next to the gift. Nothing is taken if you cancel.
- 3
It goes straight to the public wallet
The fee is a plain ETH transfer to the address above on Robinhood Chain, sent in the same step as the gift. LINK records it only after the transfer is confirmed on-chain.
- 4
Claiming is free, and refunds are free
A recipient never pays a fee to claim. If a gift expires and you take the stock back, the 1% is not charged again.
Creator rewards from pons
pons pays the creator of a launch a share of the fee on every trade of that token, in the asset the trade is priced in. $LINK launches on pons with the public treasury wallet as that recipient, so trading $LINK feeds the treasury rather than a personal wallet. pons holds each reward in its own ledger until it is claimed, so a reward only counts here once the claim is confirmed on-chain. $LINK has not launched yet, so these figures are zero until it does.
What it is used for
Loading the current split.
Buybacks and burns
No buyback has been recorded yet. Each one will be listed here with the ETH spent, the $LINK bought, and links to view the transactions on the public explorer.
Why this matters for $LINK
Holding $LINK is not required to send or claim a gift, and claiming stays free. The point of the treasury is simpler than that: the more the app is used, the more ETH flows into one public wallet that buys $LINK back, rewards the people holding it, and rewards the people gifting. The amounts depend entirely on real usage, so treat the numbers above as what they are, not a forecast.
Questions
Simple answers about how LINK works.