Stock treasuries on Base, Robinhood Chain and Solana
Memes with abalance sheet.
Every meme is a small treasury company. Trading fees buy a tokenized stock on three chains, and its capital rules are locked in code.
HONEYNVDA(NVIDIA)Issuance
- Treasury value
- Price
- $0.0₅3211
- NAV / token
- $0.0₇1448
- mNAV
- 222×
mNAV against the locked rules
Trading at 222× its assets: the contract is issuing new tokens to buy more NVDA.
Where the treasury sits
- Base SepoliaNVDA$0.000.0%
- Robinhood Chain testnetNVDA$0.000.0%
- Solana devnetNVDA$0.000.0%
- Cash buffer on NEARUSDC for redemptions$6.40100.0%
Pick the stock your meme believes in
Eight listed, each on all three chains
- NVIDIANVDA
- AppleAAPL
- MicrosoftMSFT
- AlphabetGOOGL
- AmazonAMZN
- Meta PlatformsMETA
- TeslaTSLA
- SpaceXSPCX
- NVIDIANVDA
- AppleAAPL
- MicrosoftMSFT
- AlphabetGOOGL
- AmazonAMZN
- Meta PlatformsMETA
- TeslaTSLA
- SpaceXSPCX
- NVIDIANVDA
- AppleAAPL
- MicrosoftMSFT
- AlphabetGOOGL
- AmazonAMZN
- Meta PlatformsMETA
- TeslaTSLA
- SpaceXSPCX
- NVIDIANVDA
- AppleAAPL
- MicrosoftMSFT
- AlphabetGOOGL
- AmazonAMZN
- Meta PlatformsMETA
- TeslaTSLA
- SpaceXSPCX
From a joke to a treasury company in four steps.
Step 1: Launch a meme
Pick a name, a ticker and the stock it believes in. The factory deploys it with every rule locked.
Step 2: People trade it
Each trade pays a 1% fee: 0.8% to the treasury, 0.2% to the creator.
Step 3: The treasury buys real stock
USDC goes to the meme's own addresses on three chains and is swapped into the stock. Chain Signatures signs; nobody holds a key.
Step 4: mNAV runs the rules
Once an hour anyone can call rebalance: it issues, buys back or opens redemption by fixed thresholds.
Meme contract on NEAR
Pool, ledger, mNAV rules. 1% fee in USDC
NEAR Chain Signatures
The MPC network signs for the meme's own addresses
Base Sepolia
Uniswap v3
NVDA
Robinhood Chain
Uniswap v3
NVDA
Solana devnet
Raydium CLMM
NVDA
One number runs the whole company.
mNAV is the meme's price over what its treasury holds per token. The thresholds are locked in every meme.
mNAVMarket price ÷ NAV. 2.0× means the meme trades at twice what its treasury is worth per token. = token price ÷ NAVNet asset value: everything the treasury holds (stock at the oracle price, plus USDC), divided by the tokens in circulation. per token
1.42×
Trading at 1.42× its assets: inside the free band, so the contract does nothing and the price runs on its own.
An example, not a live meme.
Issue and buy more stockmNAV above 2.0×
The contract mints new tokens into the pool, at most 1% of supply a day, and the proceeds buy more stock.
Hands offmNAV 1.0× to 2.0×
Inside the free band the contract does nothing. The price runs on its own.
Buy back and burnmNAV below 1.0×
Cash above the 20% buffer buys tokens from the pool and burns them, lifting NAV per token.
Open redemptionmNAV below 0.9×
Holders can burn tokens for NAV per token in USDC, paid from the cash buffer on NEAR.
A 20% cash buffer. USDC kept on NEAR to pay redemptions. Below 10% a stock sale refills it; buybacks only spend what is above it.
The floor defends NAV, not the price: if the stock falls, NAV falls with it.
Proof, not promises.
Our end-to-end test meme bought NVDA on all three chains. Every swap links to an explorer.
| Chain | Proof | Ledger | On-chain | MPC-signed swap |
|---|---|---|---|---|
| Base Sepolia | MPC-proven | 0.02965417 | 0.03032966 | Uniswap 0x7787…b8ab (opens in a new tab) |
| Robinhood Chain testnet | Relayer-reported | 0.01060760 | 0.01082210 | Uniswap 0x954e…e8c4 (opens in a new tab) |
| Solana devnet | Relayer-reported | 0.02770371 | 0.02831835 | Raydium 65dx…wukH (opens in a new tab) |
Signed by the contract
Each meme derives its own addresses through NEAR Chain Signatures and can sign only two shapes: an approval to a locked router and a swap into its stock.
Booked at the minimum
The contract books the minimum output it signed for. A swap that lands leaves the chain a little above it; one that reverts is flagged on the meme page.
Honest about trust
Cash arriving on Base is MPC-proven. Robinhood Chain and Solana are relayer-reported until the MPC can read them.
Built on rails you already trust.
No bridge of our own, no custody.
NEAR
Meme contracts, pools and ledgers
NEAR Chain Signatures
Signs each treasury swap
NEAR Intents
Moves cash between chains (mainnet)
Circle USDC
Fees, cash buffer, settlement
Base
Treasury chain
Robinhood Chain
Treasury chain
Solana
Treasury chain
Uniswap
Stock swaps on Base and Robinhood
Raydium
Stock swaps on Solana
Chainlink
Mainnet price source candidate
Live figures
- Memes launchedMemes deployed by the factory solidon.testnet.
- On NEAR testnet
- Treasury valueAll memes together: USDC on NEAR plus USDC and stock on each chain, with stock at the oracle price.
- Across every meme
- Holding stockMemes whose ledger holds stock on at least one chain.
- Memes with stock on a chain
- Stocks listedStocks a new meme can pick as its thesis.
- Each on three chains
Read from solidon.testnet as you load this page.
The meme's market price divided by what its treasury is worth per token (NAV). At 1.0× you pay exactly what the treasury holds. At 2.0× you pay double. The contract reads that one number and follows fixed rules, once an hour, triggered by anyone.
No. The floor defends NAV, not the price. Below 0.9× holders can burn tokens for NAV per token in USDC, and below 1.0× spare cash buys tokens back. But if the stock falls, NAV falls with it, and redemptions are paid from the cash buffer on NEAR.
Not on testnet. Testnets have no real stock tokens, so every venue on Base Sepolia, Robinhood Chain testnet and Solana devnet is a Solidon synthetic token in its own pool, priced by a mock oracle. Nothing here has value. The treasury flow is the real thing: the contract signs each swap through NEAR Chain Signatures.
Nobody. Each meme derives its own addresses on Base, Robinhood Chain and Solana from the NEAR MPC network, and only the meme contract can ask for a signature. It signs two shapes per chain: an approval to a locked router and a swap from USDC into its stock. There is no admin key and no setter: read
get_paramson any meme.Cash arriving on Base is credited only after the MPC verifies the transfer log. The MPC cannot read Robinhood Chain or Solana yet, so a keeper reports arrivals there. Either way the ledger books the minimum output of every swap, so it never claims more stock than the chain shows.
0.8% goes to the meme's treasury, which buys the stock. 0.2% goes to the creator. That is the whole business model: trading funds the balance sheet.
Anyone with a NEAR testnet wallet and free test USDC from the faucet button in the app. Tokenized stocks (Stock Tokens) are not offered to US persons.
Give your meme a balance sheet.
Three transactions to launch. After that, the rules run on their own.