Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 4.83% | 25.20% | 18.73% | -- | -- | -- |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Details
This content is generated by RD AI and is for reference only
Pare is a DeFi protocol on Robinhood Chain that splits tokenized stocks into separate price and dividend components. Users deposit a stock token (e.g., AAPL, SPY, QQQ) and receive equal amounts of Principal Tokens (PT) and Yield Tokens (YT). PT represents price exposure without dividends and redeems at face value at maturity; YT captures the entire dividend stream until maturity. Both tokens are tradable on Uniswap v3, PT can be posted as collateral on Morpho for borrowing, and the two can be merged back into the original stock at any time for free. The protocol tracks dividends via the ERC-8056 multiplier, and fees are used to buy back and burn PARE tokens.