LONGxyz launches LONG 500, an onchain financial layer for tokenized stocks routing activity from 70+ stock pairs into an AI Community Vault modeled on the S&P 500.
Tech & Launches ·
LONGxyz has launched LONG 500, an onchain financial layer designed to aggregate activity from 70+ tokenized stock pairs into a shared $AI Community Vault modeled after the S&P 500. The platform aims to create what it describes as a community-owned reserve on the Robinhood Crypto chain, with each new stock-paired launch contributing fees directly to this collective pool.
Under the new fee structure, 5% of stock-token fees from newly launched stock-paired pools route to the $AI reserve, while another 5% funds buybacks and burns of the paired token itself. According to the announcement, the buyback mechanism can be triggered by anyone around the clock, and automatic LP compounding continues alongside unchanged creator fees. The structure incentivizes existing $AI holders to support new stock communities while giving creators access to an established audience whose reserve accumulates from their activity.
Future upgrades to community vaults for all past pairs have been planned in response to community requests, though specific features and timelines remain unspecified. The extent to which the 70+ supported stock pairs will actively route volume into the reserve, and how significantly the buyback and burn mechanism will impact token economics, has not yet been detailed.