Docs

1. What this is

dotcom.systems is a website for buying and selling stock tokens. A stock token is a token on Robinhood Chain that follows the price of a share of a US-listed company or fund. Most here are issued by Robinhood; eleven of the same stocks also come as Ondo Stocks, issued by Ondo.

The site lists the Robinhood tokens that traded at least $5,000 in the last day, about seventy of them, so an order has a market to meet, and the Ondo tokens that a pool joins to one of them. You can buy and sell them any hour of any day, weekends included.

2. What you hold

You hold the token, in your own wallet. It follows the share's price, and Robinhood adjusts it for dividends and splits through a multiplier, which each stock page shows.

It is not the share. You do not vote, you have no account at a US broker, and the token's terms are Robinhood's.

3. Your wallet

Sign in with your email (we send you a code) or with your X account. Signing in creates a wallet on Robinhood Chain through Turnkey. Its key is kept in Turnkey's secure hardware and only you can approve a transaction from it. dotcom.systems never holds your money and cannot move it.

4. Adding money

Send ETH or USDG on Robinhood Chain to your wallet address, which is on your Portfolio page. If your money is on another chain, a bridge moves it across in a few minutes; the Portfolio page links one.

Keep a little ETH in the wallet. Every trade pays a network fee in ETH, usually a few cents.

5. Buying and selling

Pick a stock and type an amount. Before you sign, the order window shows what you pay, what you get, the price per token you get, and Robinhood's own live price for the same token.

Orders are routed by KyberSwap, which finds the best price across the trading pools on the chain. Before the order reaches you, the site checks the transaction it was handed:

• the stock lands in your own wallet and nowhere else
• you approve exactly the amount you typed, never more
• no extra fee is attached to the trade
• the price is within 3% of Robinhood's live quote, or 6% when the US market is closed (for an Ondo token, Robinhood's quote for the share times the shares the token follows)
• a switch between the two tokens of one stock gives back at least 99% of what it takes, both priced off the same quote
• the order is between $1 and $1,000

6. Ondo Stocks

Ondo Stocks are stock tokens issued by Ondo Global Markets (BVI) Limited, part of Ondo Finance. Each one is backed by securities held at US-registered broker-dealers and cash in transit, and a third party, Ankura Trust Company, checks the backing every business day. The issuer is set up to be bankruptcy-remote, and an independent security agent holds a first-priority claim on the backing for token holders.

Ondo reinvests dividends into the token, so one token can follow a little more than one share. Ondo publishes that figure on chain, and this site prices an Ondo token as Robinhood's live quote for the share times it.

The difference from Robinhood's tokens: Ondo's can be created and redeemed at any hour on Ethereum and BNB Chain, weekends included, and Robinhood's cannot be on weekends. So on a weekend the two tokens of one stock can drift apart.

For eleven stocks a Uniswap StablePair pool joins the Robinhood token and the Ondo token. The pool is built for two tokens that should hold the same price: near its reference rate every buy and every sell clears at one fixed price, and once the price strays, a swap that brings it back pays a fee that falls each block until someone takes it. The gap board shows all eleven, live.

To bring Ondo Stocks over from Ethereum or BNB Chain, use the Ondo Bridge at app.ondo.finance/bridge. Your wallet address is the same on Robinhood Chain.

Ondo does not offer Ondo Stocks to anyone in the United States, Canada, Afghanistan, Belarus, Cuba, Iran, Libya, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria or Crimea, Sevastopol and the Donetsk, Luhansk, Kherson and Zaporizhzhia regions of Ukraine. In Brazil, the EEA, Hong Kong, Malaysia, Singapore, Switzerland and the United Kingdom it offers them only to qualified or professional investors. This site adds its own list: no stock tokens for anyone in the United States, Canada, the United Kingdom, Switzerland or the UAE.

7. Nights and weekends

The US market closes; the tokens do not. Outside market hours the price comes from people trading the tokens on the chain, and it can drift from the last close. The order window says when this is the case, and the price check widens to 6%.

If the price moves more than 1% between your quote and your trade, the trade cancels itself and your money stays where it was, less the network fee.

8. Fees

dotcom.systems charges no fee. You pay the network fee in ETH, and the trading pools' own fee, which is already inside the price you are quoted.

That changes only when $DOTCOM, the site's planned token, launches. From that hour every buy and sell pays a fee of up to 0.25%, and all of it buys $DOTCOM on the open market. There is no launch date yet. The plan is on the Tokenomics page.

9. The newsroom computer

The newswire, The Weekly's cover and Analyst2000 are written by an AI. Every number shown next to them comes from market data, not from the AI. They are written to be read, they can be wrong, and they are not advice.

Every confirmed trade also gets a press release page that anyone with the link can open. It shows a shortened wallet address, the stock, the amount and the price. The blockchain is public, so this shows nothing that was not already visible.

10. Where it is offered

Robinhood does not offer its tokens to people in the United States, Canada, the United Kingdom, Switzerland or the UAE. Ondo does not offer Ondo Stocks to anyone in the United States, Canada, Afghanistan, Belarus, Cuba, Iran, Libya, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria or Crimea, Sevastopol and the Donetsk, Luhansk, Kherson and Zaporizhzhia regions of Ukraine, and only to qualified or professional investors in Brazil, the EEA, Hong Kong, Malaysia, Singapore, Switzerland and the United Kingdom. If you are in any of these places, do not use this site.

11. Risks

Read these before you buy anything.

• Stocks go down. A token goes down with its stock.
• A token is only worth what its issuer, Robinhood or Ondo, stands behind. If the issuer stops supporting it, it can lose value.
• Some pools are thin. At night and on weekends prices can move away from the last close.
• Robinhood Chain is new. Moving funds from it back to Ethereum through the official bridge takes about a week.
• This site is new and has not been audited. It can have bugs.
• Blockchain transactions are final. There is no undo and no one to reverse a mistake.

12. Terms

By using dotcom.systems you confirm that you are not in the United States, Canada, the United Kingdom, Switzerland or the UAE, that you may hold Ondo Stocks where you are if you buy them, that you understand the risks above, and that every decision to buy or sell is your own.

dotcom.systems is software provided as it is. It is not a broker, an exchange or an adviser, and it never holds your funds. We may change or stop the site at any time. Questions go to connect@dotcom.systems.