PUTGO¶
One daily target. Two shared pools. Settled onchain, once a day.
PUTGO is a daily target-price market planned for Robinhood Chain. Every day it opens one series for a single market, PONS Daily, with one target price. Two pools take part:
- Money Pool – deposit USDG, earn premium paid in PUT.
- Asset Pool – deposit PONS, get free protection at the target price.
At 11:00 UTC entry closes and the two pools are matched pro-rata. At 12:00 UTC one official settlement price decides the outcome for everyone. No order book, no quoting, no strike picking.
Two ways in¶
| Money Pool | Asset Pool | |
|---|---|---|
| You deposit | USDG | PONS |
| You get | Premium in PUT, accruing every second | A fixed floor for the day |
| If the series settles above the target | All USDG back, no fee | All PONS back, no fee |
| If it settles at or below the target | Matched USDG buys PONS at the target | Matched PONS is sold at the target for USDG |
| Fee | 0.3% of matched notional, only on delivery | 0.3% of matched notional, only on delivery |
Read next¶
- Money Pool: earn premium with USDG
- Asset Pool: lock in your downside with PONS
- How a daily series works
- PUT token
- Fees, treasury and burn
- FAQ
- Glossary
Status¶
PUTGO is pre-launch. Nothing described here is live yet. All numbers in examples are illustrative, and nothing on these pages is a promise of PUT value, yield or availability.