We're going to launch with gAIX and gHOOD in the initial set, which is fitting. A flagship AI index fund and a Robinhood Chain index fund. The index funds themselves are not the innovation, several others are doing tokenized funds onchain, it's a meta, and it's real, tokenized funds are legitimate and they are coming in size. What's different about ours is the distribution network and incentives behind them. gFUNDS can only be minted by seat holders. Your nft is a liscense to print and distribute. It makes you an insider, a member of the firm, with a seat at the table. There's no one building anything like this onchain. An investment bank for degens.

gFUNDS keep the peg of their underlying assets by market forces, whenever they are off peg someone makes free money. Let me explain: take gMEMESTONK, a tokenized index fund made of 6 top meme tokens paired with stocks on RH chain: $ai, $boner, $moo, robinhood:0x42afa2124ca5a2b83898e46b2da9a190995b1e18, $meme, $INU. Instead of trying to pick a winner, users can buy gMEMESTONK and get exposure to the field. Each gFUND token is fully redeemable for these underlying assets onchain anytime. If the price of gMEMESTONK in the pool is ever trading below the price of the assets (NAV), then anyone can simply buy it from the pool and redeem it for the assets, sell the assets for instant profit, this keeps gFUNDS from trading below peg. If demand for gMEMESTONK picks up, more buyers come in, say it gets paired with memes of its own that pump, or whatever reason it trades higher than NAV, then only seat holders can mint new shares at NAV and sell them into the pool, bringing the market price back down to peg. For perspective, $NET currently trades at over 2x NAV (far different models, but the point stands). If you flip 'auto-mint' on in your seat, the Goldstein treasury automatically does this for you. It is the first arber, with a direct router for atomic arb of gFUNDS. Anytime it hits an arb, it selects a seat that has 'auto-mint' turned on and gives it the arb profit and credit for the mint. Anything that gets past the house can be arbed freely by the market. But the house eats first, and distributes to the seat holders. Depending on liquidity and market demand, seat holders can realistically wake up finding themselves the winner of a $1,000 arb trade overnight, just by holding a Goldstein seat. And that doesn't include the perpetual swap fees earned from being credited the mint. I'm very excited about this design, and I'm open to any feedback, questions, or criticisms.

The goal is to create a strong DeFi engine while simultaneously making the product as simple and user friendly as possible. This is why we added an 'auto-mint' button. One toggle, your Seat NFT becomes an automated earner with a real product underneath. A simple explanation of G-Funds, the product: A gFUND is a tokenized smart index fund, a web3 iShares, the same concept recently announced by @Ondo and Blackrock. Here are some examples of the first G-FUNDS: gETH3x - long 3x ETH gETH3xShort - short 3x ETH gAIX - basket of 5 global blue chip ai stocks gMEMESTONK - top memes paired with stocks on RH Anyone can buy gFUNDs in the pool. Anyone can also redeem them for the actual underlying assets, ensuring a hard floor, but only a seat (nft) can mint new ones at NAV. gFUND supply is elastic by design, it expands and contracts based on market demand. Demand comes from their niche onchain exposure, lending collateral, meme pairings, lp incentives, treasury/institutional demand, partnerships, etc... When demand for gFUNDs increases, their respective pools trade above NAV until more gFUNDs are minted into the market. That distribution gap is free money, and only seats can take it. Flip one switch, auto-mint, and your seat enters the arb pool. Every time a gap opens, the house mints through a selected seat and sells into the pool for instant arb profit. The profit lands in that seat's feeshare wallet. A seat can wake up to a $1k arb it never touched, and every mint it made also grew its fee share, which pays it a cut of the swap fees forever. Each seat can only mint up to it's capacity which is determined by how much $GLDSTN the user has staked. Your stake also determines your feeshare multiplier and your chance of winning the arb draw. For those who want to mint themselves, you always can. Mint manually to control your own feeshare pools. Give grandma, your X followers, or an institution your distributor link. Manual mint offers more control and agility for those who want to be active distributors. Auto mint is for those who want to push a button and earn.