PROVE IT SEASON IS COMING: Clutch Markets And ChainMancer Introduce "Books" On Robinhood Chain, Where Traders Can Tokenize Their Skills And Fans Can Back Their Bets!

It's about to be prove it season for social trading gurus, Pump.fun callers, KOLs, and self proclaimed trenchers after Clutch Markets founder 0xSimpleFarmer and ChainMancer's Michael Hirsch teamed up to introduce an all new onchain primitive dubbed "Books" on Robinhood Chain!

With the rise of apps like FOMO, social trading has become the talk of the timeline, with key opinion Leaders sharing their memecoin thesis, revealing their trades, and inviting followers from across crypto to ape into their favorite plays alongside them.

But while social trading was supposed to usher in a new era of transparency and fun, things have looked a lot more like farming season, with accusations of undisclosed side wallets, "bullish selling" to improve holder distributions, and other allegations swirling across the space.

But what if there were a way for community members to do more than simply follow their favorite trenchers into trades? What if they could back the traders themselves and potentially benefit from their success?

Enter Books by StonkBrokers!

“For the first time on chain we are tokenizing a trader,” 0xSimpleFarmer wrote in an X article. “With creator capital markets you back a person and hope the attention turns into value. With social trading you copy a person. Books bring the two together. Every trader gets their own vault and their own token for each epoch on Robinhood Chain. You hold or trade the token, the trader trades the vault, and at the end the result settles back to every holder onchain.”

 

 

With Books, anyone from your favorite crypto caller to you or me can launch a token, inviting traders and speculators from across the space to ape in and potentially share in the rewards of the creators trading skills!

 

Instead of copying a KOL's every move, Book holders can gain exposure to a trader's performance while that trader manages an underlying vault, buying, selling, and rotating between assets throughout a predetermined trading period.

“From there the trader runs the vault for the length of the book,” 0xSimpleFarmer wrote. “They can buy stock tokens, rotate into USDG or any of the tokens in their 16 token book as well as move into ETH or sit in cash. The creator also decides what happens to the fees from the locked liquidity. Those fees can be staked out to holders over the life of the book, or they can be burned.”

 

And just like a memecoin, these Books aren't meant to last forever!

 

At launch, traders will be able to determine how long their Books run, choosing between a week, a month, or a year. Once that period ends, the vault's performance is settled onchain, with the trader receiving 20% of any net profits, StonkBrokers and ChainMancer sharing another 2%, and the remaining 78% going to Book holders.

With Books, traders can trade, speculators can speculate on their success, and social trading fans can put their money behind their favorite trenchers instead of simply following their calls!

“I expect this deployment to spark a new meta and bring serious new traders and volume to Robinhood Chain,” 0xSimpleFarmer wrote. “Books go live on Robinhood Chain this week, and I cannot wait to see which traders open the first ones.”

 

The Gazette will continue to follow all things Books and will let you know when these tokens officially launch and which notable traders decide to enter the arena. Stay tuned for updates!