The uAAPL vault will hold a fully backed long on the Apple equity perp on Robinhood Chain and mint certificates against it, one token's worth of exposure plus tUSDG margin behind every certificate in circulation.
Vault
CertVault (factory-deployed)
Delta target
1.0, checked each attested batch
Chain
Robinhood Chain
Apple is the benchmark equity of public markets, and on Robinhood Chain it trades only as a leveraged perp. If you want AAPL exposure today, you are running a position with funding and a liquidation price instead of holding the stock.
The most widely held stock in the world was unownable on chain. You could trade it around the clock, but you could not hold it, LP it, or post it as collateral.
Roadmap C2This vault deploys in phase C2. Minting opens the day the vault contract is factory-deployed on Robinhood Chain.
Join TelegramThe results
Backing ratio target, hard-coded into the vault's solvency math
Conditions that can refuse a redemption — forceExit is gated on nothing. Above the instant cap redemption is queued, not refused.
Deposit tUSDG, receive uAAPL at oracle price in the same transaction. Burn uAAPL, receive tUSDG back the same way. Solvency math will be proven on-chain at every attestation from deployment, published with the age of each proof, so none of this requires trusting us.
When the vault deploys, it opens an equivalent long on the Apple equity perp the moment you deposit. Delta target 1.0, enforced by a band check on each attested batch and rebalanced permissionlessly: rebalance() is callable by anyone.
Funding accrues to a per-asset buffer: positive funding grows it, sustained negative funding draws it down, and past a published threshold the remainder becomes a transparent holding fee. Buffered, then fee'd, never hidden.
AAPL is the asset every newcomer asks for first. Giving them a certificate instead of a perp is the right front door.
