Quote assets

Every curve is priced in one quote asset, chosen at launch and fixed after that. A buy spends that asset. A sell returns it. The launch form lists every quote the Pons factory has approved on Robinhood Chain, including native ETH and the Robinhood stock tokens.

What you can pair against

• ETH — native Ether, the gas token on Robinhood Chain. This is the default, and the only quote that can include a dev buy in the launch transaction.
• Approved ERC-20 quotes — every token the factory has marked approved, including Robinhood stock tokens such as AAPL, NVDA, and SPY, plus assets such as USDG, cbBTC, BUN, and wsNET.

Buying a paired token

An ETH-quoted curve is bought and sold with ETH. Any other curve is bought and sold with the quote it was launched against, on Robinhood Chain. The trade terminal reads that quote from the curve. An optional dev buy at creation is available for ETH-quoted curves. For the other quotes, buy on the token page after the launch confirms.