The Native ERC-7621 ETF Factory for Robinhood Chain, Settled in Paxos USDG.
The Native ERC-7621 ETF Factory for Robinhood Chain, Settled in Paxos USDG.
In traditional finance, over 50% of retail trading volume flows through ETFs (Exchange-Traded Funds) rather than individual equities. Retail investors and wealth managers don't want to pick and manage 30 isolated stocks; they want diversified, thematic exposure (like the S&P 500, Magnificent Seven, or Semiconductor indices).
Robinhood Chain laid down foundational infrastructure by bringing 200+ regulated US equities and tokenized traditional ETFs (such as $SPY and $VOO) on-chain. However, these assets exist purely as static, pre-packaged single tokens managed off-chain by legacy Wall Street giants like BlackRock and Vanguard.
The ecosystem currently lacks native, composable structured-product infrastructure: there is zero on-chain tooling empowering creators, fintechs, and DAOs to build, rebalance, and monetize their own custom thematic ETF baskets directly on-chain. Investors are forced to either hold broad, rigid traditional index receipts or manually manage fragmented single stocks.
Basq Protocol is the missing asset-management layer of Robinhood Chain.
We built the first decentralized ETF Factory powered by an extended implementation of ERC-7621 (The Basket Token Standard). Basq empowers analysts, fintechs, and creators to deploy custom, auto-compounding stock portfolios in 60 seconds—earning streaming management fees while providing retail investors 1-click exposure settled entirely in Paxos USDG.
2. What It Does (The Solution)
Basq Protocol transforms how real-world assets are packaged and consumed on-chain:
For Creators & Strategists (The "Shopify for ETFs"): Anyone can permissionlessly create a thematic index (e.g., $TECH3: 40% SPY, 35% NVDA, 25% AAPL). Creators define target weights, manage rebalancing, and collect an automated 0.8% annual streaming management fee in USDG on their fund's total value locked (TVL).
For Retail Investors (1-Click USDG Settlement): Users do not need to manually buy, trade, and rebalance multiple volatile stock tokens. Users deposit USDG and receive a single, liquid, composable ERC-7621 ETF token ($TECH3) in one transaction.
Institutional Liquidity Architecture: Features a Dual-Market Structure:
The Primary Vault: Direct creation and redemption at exact Chainlink NAV using USDG (zero slippage).
The Secondary Market: 24/7 continuous trading on an official Uniswap v3 pool ($TECH3 / USDG), kept in parity by two-way in-kind arbitrage.
Basq Protocol is built natively on Robinhood Chain (Arbitrum Orbit Stack) using Solidity, Foundry, and Viem.
[ BasqFactory.sol ]
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[ Asset Registry Guardrail ] [ Deploys BasqBasket.sol ]
(Only verified Robinhood Stocks) (Extended ERC-7621 Standard)
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[ Primary Vault: Oracle NAV ] [ Secondary Market: Uniswap v3 ]
• Single-token entry: contributeWithUSDG() • $TECH3 / USDG Concentrated Pool
• Chainlink Multiplier-Adjusted Feed • 24/7 Continuous Trading Venue
• Market-Hours Circuit Breaker • Destination for Arbitrageurs
Chain-Abstracted USDG Deposits: Integrate intent-based cross-chain routing (via CCTP / LayerZero) allowing users on Arbitrum One, Base, and Ethereum Mainnet to buy Basq ETFs in one click using local stablecoins.
Automated Multi-Asset Rebalancer (Keepers): Implement automated Chainlink Functions / Gelato keepers to execute periodic portfolio rebalancing whenever constituent weights deviate past a defined threshold.
Github repo : https://github.com/abdou-sm/basq-protocol.git
demo: https://basq-protocol.vercel.app/
